Mike Neuhauser's questions to TRX Gold Corp (TRX) leadership • Q1 2025
Question
Mike Neuhauser of Roth Capital Partners asked about the potential timing and financing for the proposed flotation circuit, the discovery details of the Stamford Bridge zone, and how soon it could be integrated into the mine plan.
Answer
Executive Stephen Mullowney estimated the flotation circuit would be a roughly 12-month project, likely financed with debt, for which discussions are ongoing. He explained that Stamford Bridge was discovered through a geotech hole and visual confirmation in the pit wall, but noted that more drilling is required to build confidence before it can be added to the mine plan. Executive Richard Boffey added that the Stamford Bridge discovery is a key point of excitement for him joining the company.