Gold Rally Sparks Renewed Investor Rush Into Mining Stocks

Gold Rally Sparks Renewed Investor Rush Into Mining Stocks

USA News Group   News Commentary

Issued on behalf of Rua Gold Inc.

USA News Group News Commentary Since March, the ongoing gold rally has been attracting investors back to mining stocks . As the precious metal reaches record highs, mining stocks have been rising too, defying markets that outside the metal have undergoing turbulence caused by the "Trump Blink" on tariffs . Several miners from juniors to majors have been reporting important progress that's been capturing the market's attention such as Rua Gold Inc. (TSXV: RUA) (OTCQB: NZAUF), Collective Mining Ltd. (NYSE-American: CNL) (TSX: CNL), Sandstorm Gold Ltd. (NYSE: SAND) (TSX: SSL), New Found Gold Corp. (NYSE-American: NFGC) (TSXV: NFG), and Meridian Mining UK Societas (TSX: MNO) (OTCQX: MRRDF).

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The article continued: After gold prices soared past $3,200 this month, analysts at UBS and Deutsch Bank have increased their projections for the precious metal to $3,500 and $3,700 respectively. As macroeconomic risks continue to rise, strategists are highlighting how gold prices have gone parabolic , and how to prepare for what's next.

Rua Gold reports improving gold grades with depth on the Reefton Project's Auld Creek gold-antimony project

Rua Gold Inc. (TSXV: RUA) (OTCQB: NZAUF) , today announced an update to its gold-antimony exploration on its Auld Creek project, Reefton on the South Island of New Zealand ; reporting improving gold grades from current drilling in diamond drillholes ACDDH026, ACDDH027, ACDDH028.

Highlights:

  • Following up on the last high-grade results from the Company, the next holes intersected broader zones of gold in hole ACDDH027 and narrow but strong gold-stibnite (antimony sulphide) mineralization in ACDDH028.
  • Assay results show:
    o ACDDH026: 2.1m @ 1.25g/t Au from 175m depth
    o ACDDH027: 9m @ 5.9g/t AuEq * (5.2g/t Au & 0.16% Sb) from 159m depth
    o ACDDH028:   1.25m @ 48.3g/t AuEq * (13.3g/t Au & 8.1% Sb) from 210m depth
  • ACDD024,025 confirmed higher grade antimony mineralisation on the Fraternal shoot, the recent drilling ACDDH27,28 indicates an improvement in gold grade with depth.
  • The gold grades on the Fraternal shoot plunge to the south, current drilling is testing 80- 100m below the current resource envelope, before pivoting to testing the northerly extensions of the Fraternal ore body.
  • Auld Creek has an inferred resource hosted by two ore shoots, Bonanza and Fraternal. This resource outcrops at surface and is continuous to 160m vertically and open at depth.

Gold equivalent (AuEq) calculated as Au g/t + 4.3 × Sb%, using spot prices and 85% recovery with ~30% discount applied.

Surface soil geochemistry strongly endorses extensions to the Fraternal north prospect and Bonanza northeast prospect, confirming the system is traceable over a 2.5km length.

"It is encouraging to see an improvement in gold grades with depth on the Fraternal lode, and the continuation of high-grade antimony accompanying the gold in narrow plunging shoots," said Robert Eckford , CEO of Rua Gold . "Drilling to date on Auld Creek antimony-gold prospect has improved confidence in the existing gold-antimony resource and provided detail on higher grade plunging shoots open to the south. We are focused on expanding the Auld Creek resource north and south, with intensified surface exploration showing early promise assisting in targeting additional mineralization over its 2.5km length."

GLOBAL SUPPLY AND VALUE OF ANTIMONY

Antimony is a critical metalloid primarily sourced from the mineral, stibnite.  It is highly valuable and increasing in demand due to its versatility and has essential applications across renewable energy, liquid battery metals, defence and technological sectors.

Due to its limited supply, predominantly controlled by China, Russia & Tajikistan , antimony is considered a strategic material essential for supply chain security, particularly during periods of geopolitical instability. This was heightened in August 2024 , when China announced export controls on processed antimony products. In response to these controls, nations have accelerated their efforts to secure alternative sources of antimony to mitigate the risk of significant supply chain vulnerabilities.

The US, EU, UK, Japan , Canada and Australia all designate antimony as a critical mineral. On January 31, 2025 , New Zealand also announced their Critical Mineral List which included antimony.

Reflecting heightened demand, the price of antimony has reached new highs, currently trading over US$50,000 per tonne, a significant increase from US$11,350 per tonne at the start of 2024. This market shift has intensified interest in the strategic antimony potential held by Rua Gold .

EXPLORATION POTENTIAL

Rua Gold commenced drilling at Auld Creek in December 2024 . It has a targeted program to drill four mineralised shoots identified from historical surface exploration work interpreted by the Rua Gold team over the past 3 months.

Auld Creek is situated between two past producing mines, Globe Progress mine, and the Crushington Group of mines which collectively produced 933,000oz at 14.0g/t Au (Barry 1993). Auld Creek has three historic adits but no commercial production from the reefs.

Rua Gold has an inferred resource indicating 700,000 tonnes at 3.1g/t Au and 1.1% Sb for 67,000oz of gold and 8,000 tonnes of antimony 1 (AuEq 110,000oz 2 ). The resource is restricted to two of the four known shoots. Soil geochemistry indicates the potential for discovery of additional mineralised shoots over a strike length of 2.5km.

Four of the eight holes completed to date intersected 4- 5m of strong visible stibnite (antimony sulfide) mineralization in the Fraternal-Bonanza structure.

Results from ACDDH024, ACDDH025 confirm the approximate average gold grades, but report higher antimony grades than the current resource estimate. Results from ACDDH027, ACDDH028 highlight above average gold grades with narrow but high-grade antimony in ACDDH028.

Ongoing drilling is targeting the southern plunging Fraternal gold-antimony shoot which remains open along strike and at depth.

Intensified surface exploration is showing very encouraging strong trends both north and north-west confirming additional targets on the Fraternal North and Bonanza north-west extensions.

  1. Please see the Company's technical report entitled, "Technical Report on Reefton Project, New Zealand ", dated October 30, 2024 .
  2. Based on gold equivalent formula of AuEq = Au g/t + 1.9 x Sb% using a Au price of US$2025 /oz, Sb price of US$15,000 per tonne and 85% recovery.

CONTINUED… Read this and more news for Rua Gold at: https://usanewsgroup.com/2025/04/02/others-found-1911-g-t-here-before-now-a-proven-11b-mining-team-is-back-to-finish-the-job/

In other industry developments and happenings in the market include:

Collective Mining Ltd. (NYSE-American: CNL) (TSX: CNL) continues to hit high-grade gold at its Apollo system in Colombia , with the latest hole intersecting 114.5 metres at 5.00 g/t gold equivalent within a broader 263.85-metre zone at 3.10 g/t. This expands the first high-grade sub-zone by 70 vertical metres and confirms strong continuity.

"Drilling continues to successfully intercept high-grade gold in the first of eleven potential high-grade sub-zones modelled by our technical team within the top 1,000 vertical metres of the Apollo system," said Ari Sussman , Executive Chairman of Collective Mining . "If drilling continues to intersect high grades as new sub-zone targets are tested, the impact on the block model grade and inventory could be materially significant."

Sandstorm Gold Ltd. (NYSE: SAND) (TSX: SSL) recently reported record preliminary Q1 revenue of $50.1 million and total sales-related income of $54.1 million , driven by 18,500 attributable gold equivalent ounces sold. The company achieved record cash operating margins of $2,507 per ounce and repurchased $19 million worth of shares.

Sandstorm also saw the Hod Maden joint venture approve up to $100 million in early-stage development spending for 2025, with a focus on critical infrastructure like roads and tunnels.

The project remains on track for first gold production in 2028, where Sandstorm holds both a 2% royalty and a 20% gold stream.

New Found Gold Corp. (NYSE-American: NFGC) (TSXV: NFG) recently filed its first resource estimate for the Queensway Project in Newfoundland , outlining 2.0 million ounces of gold across Indicated and Inferred categories. A fully funded Preliminary Economic Assessment is underway and expected in late Q2 2025.

"As a mining engineer with 40 years of experience in development and operations, much of which was spent working on projects with parallels to Queensway, I can see the unique opportunity we have at New Found Gold ," Keith Boyle , CEO of New Found Gold . "We are rapidly advancing with the PEA, while at the same time continuing to explore our highly prospective landholdings targeting additional discoveries similar to Keats and Iceberg."

Meridian Mining UK Societas (TSX: MNO) (OTCQX: MRRDF) recently drilled into a high-grade gold-bearing VMS system at Santa Helena, returning up to 33.4 metres at 2.0 g/t AuEq and 13.1 metres at 4.2 g/t AuEq near surface. The deposit remains open for expansion, with recent holes suggesting historical drilling significantly underestimated its size.

"The mineralization at both ends of Santa Helena remains open for extensions and more drilling is needed to close-off and in-fill this system," said Gilbert Clark , CEO of Meridian . "I believe that by combining this growth at Santa Helena with the exciting Santa Fé discovery the potential for a future second mining Hub centred on Santa Helena is apparent."

A new copper-gold soil anomaly at Santa Fé, just 5 km away, hints at additional growth potential. Combined with the strong PFS results at Cabaçal, Santa Helena could become a second key production hub for the company.

Article Source: https://usanewsgroup.com/2025/04/02/others-found-1911-g-t-here-before-now-a-proven-11b-mining-team-is-back-to-finish-the-job/

CONTACT:

USA NEWS GROUP
  info@usanewsgroup.com
  (604) 265-2873

DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is being distributed for Baystreet.ca media corp, who has been paid a fee for an advertising contract with Rua Gold Inc. ( forty five thousand dollars Canadian for a three month contract subject to the terms and conditions of the agreement from the company direct). MIQ has not been paid a fee for Rua Gold Inc. advertising or digital media, but the owner/operators of MIQ also co-owns Baystreet.ca Media Corp. ("BAY") There may also be 3rd parties who may have shares of Rua Gold Inc. and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ/BAY does not own any shares of Rua Gold Inc. but reserve the right to buy and sell, and will buy and sell shares of Rua Gold Inc. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ on behalf of BAY has been approved by Rua Gold Inc. Technical information relating to Rua Gold Inc. has been reviewed and approved by Simon Henderson , CP, AUSIMM, a Qualified Person as defined by National Instrument 43-101. Mr. Henderson is Chief Operational Officer of Rua Gold Inc., and therefore is not independent of the Company; this is a paid advertisement, we currently do not own any shares of Rua Gold Inc. but will likely buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles.

While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

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An emerging gold explorer in New Zealand’s historical goldfields

RUA GOLD Reports High-Grade, near Surface Gold Intercepts at Cumberland, Including 1m @ 26.9 g/t Au  and 1m @ 16.2 g/t Au, Confirming Continuity of Mineralization at the Gallant Target

RUA GOLD Reports High-Grade, near Surface Gold Intercepts at Cumberland, Including 1m @ 26.9 g/t Au and 1m @ 16.2 g/t Au, Confirming Continuity of Mineralization at the Gallant Target

Rua Gold Inc. (TSXV: RUA) (OTCQB: NZAUF) (WKN: A40QYC) ("Rua Gold" or the "Company") is pleased to announce initial drill results from the Cumberland gold camp at the Reefton Project on New Zealand's South Island.

In the first month of drilling, the initial two holes intersected near-surface, high-grade gold mineralization. These results validate the prospective targets identified through VRIFY 's AI-Assisted Mineral Discovery Platform, DORA. Drilling is ongoing and continues to build on these encouraging early results, with systematic testing progressing southward along the 2.2 km historic mine corridor.

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RUA GOLD Completes the Second Phase of Surface Exploration and Drill Targeting at the Glamorgan Project, New Zealand

RUA GOLD Completes the Second Phase of Surface Exploration and Drill Targeting at the Glamorgan Project, New Zealand

Rua Gold Inc. (TSXV: RUA) (OTCQB: NZAUF) (WKN: A4010V) ("Rua Gold" or the "Company") is pleased to announce the completion of the second phase of surface exploration on its Glamorgan Project, an epithermal gold system in the Hauraki Goldfield, North Island, New Zealand.

The Hauraki Goldfield is a major epithermal gold province, with over 50 historic mines having produced more than 15 million ounces of gold. The Glamorgan Project lies adjacent to OceanaGold's Wharekirauponga deposit, with Indicated Mineral Resources of 1.4Moz at 17.9 g/t Au and is scheduled to enter construction in the second half of 20251.

Highlights: 

  • The Company has completed its second phase of surface exploration, identified initial drill targets, and will submit its Access Agreement application at the end of May. 

  • Results indicate classic features of a major epithermal gold-silver system and are identical to the surface features of neighboring OceanaGold Project, Wharekirauponga. 

  • Four significant gold-arsenic soil anomalies trending north, north-east and north-northwest strike out individually over 4 kms in length. 

  • Rock chip samples containing up to 43 g/t Au highlight specific targets for evaluation, coincident with the intersection of two gold-arsenic soil anomalies. 

  • TerraSpec soil and clay mineralogy has identified a zonal clay distribution that reflects high-level epithermal alteration coincident with gold anomalism. 

  • Ground-based geophysics Controlled-source Audio-frequency Magnetotellurics (CSAMT) has identified three major resistive structures coincident with surface alteration and gold mineralization. These resistive structures may represent pervasive silica-quartz at depth - key criteria for targeting the drilling within a major epithermal gold system. 

  • All of the above results are being uploaded to the VRIFY AI-platform, where geological modelling is starting to assist in the systematic identification and ranking of drill targets.

Simon Henderson, COO of Rua Gold, commented: "This comprehensive, district-wide surface work has provided valuable new information, highlighting not just one, but three significant zones of potential mineralization for drill testing. These targets will be included in the Access Agreement for drilling, which is scheduled for submission at the end of May 2025.

Following detailed surface geological mapping, comprehensive soil geochemistry, specialist clay mineralogy, ultra-high resolution UAV magnetics, and proven depth-penetrating CSAMT geophysics, three significant zones have emerged as high-potential targets for drill testing. High-grade rock chip samples further support the potential to discover a major epithermal gold-silver vein system.

Results from this inaugural district-wide program are now streaming in and are being compiled, reviewed and actively prioritized in partnership with the VRIFY AI-platform to confirm and prioritize the drill program. The exploration team is excited to advance to the drilling phase of this unique and prospective target area."

Program Overview

Exploration activities - including extensive geological mapping, TerraSpec clay mineralogy, and ultra detailed magnetic and resistivity surveys - have focused on four major alteration cells that envelope these structures. These cells are directly associated with surface quartz veins, platy quartz after calcite, quartz-adularia minerals, and sinter-like textures, all indicative of the high levels of an epithermal gold-silver system.

The principle components of the surface work are detailed below.

Geological Mapping

Exploration in the first quarter of 2025 included the completion of geological mapping across the major drainages within the Glamorgan prospect, along with detailed examination of areas exhibiting intense alteration and mineralization identified in Stage 1. The Company also completed follow-up testing of the significant gold grades (8-43.1 g/t Au) previously reported in rock float and insitu rock samples (reported on January 25, 2025). Additional rock chip sampling (2-8 g/t Au) has identified key areas proximal to resistive zones and high-level clay alteration.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/10755/251889_b730bbc864e0bb2d_017.jpg

Figure 1: Geological map of the Glamorgan area.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10755/251889_b730bbc864e0bb2d_017full.jpg

TerraSpec Clay Mineralogy

A TerraSpec 4 High-Res portable spectrometer was used to analyze all soil and rock-chip samples, as well as available historical drill core. The hyperspectral reflectance data collected were interpreted using the cloud-based AI software program, aiSIRIS.

  • Anomaly A trends north-northwest for 4.2 kms with conjugate gold-arsenic trends extending in a northeast direction (Anomalies C and D). Montmorillonite clays mirror this anomaly, indicating strong structural control on fluid flow along this trend.

  • Anomaly B trends northerly, following north to northeasterly quartz veins mapped over 4 kms that remain open to the north and south. The southern end of this anomaly coincides with historical mine workings. This anomaly is highlighted by strong illite clay alteration enveloping quartz-calcite veins observed in mapping.

  • Anomalies C and D trend northeast, parallel to insitu quartz veining in the Phoenix Stream (Anomaly C), and silica-clay alteration along Wires Ridge (Anomaly D) (Figure 2).

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Figure 2: Arsenic-Gold soil geochemistry with strong anomalies outlined.

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Magnetics
Ultra detailed UAV magnetics flown by the Rua Gold team highlight strong alteration (de-magnetization of the host rocks) enveloping the four anomalies and demonstrating a major alteration cell indicative of a significant epithermal system.

Resistivity
A CSAMT survey was completed in February 2025 by the Rua Gold team. CSAMT is particularly effective at detecting ground resistivities to depths of several hundred meters, which can be interpreted to represent strong silicification and quartz veining when directly related to an area of intense alteration.

The survey identified several major, deep structures that align with features previously identified by UAV magnetics, gold-arsenic geochemistry anomalies, and mapped quartz veins, silicification and clay alteration (Figure 3).

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Figure 3: CSAMT and IP resistivity results.

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Glamorgan Exploration Overview

Following grant of a drone concessions in May 2024, and minimum impact exploration in July 2024, Rua Gold's exploration commenced with UAV ultra detailed magnetic surveying completing 590-line kms of flying using Geometrics MagArrow magnetometer suspended under a DJI M300 drone. Interpretation of the data has assisted in defining key aspects of lithology and alteration of the Whitianga Group rhyolites, and Coromandel Group andesites. Major structural elements are interpreted in the data aligning with regional mineralization trends.

Soil sampling commenced in July 2024 sampling along 250m spaced crosslines with a sample spacing of 20m. 3181 samples were collected, dried, sieved in Rua Gold's Waihi facility, then transported to Reefton for pXRF analysis. Each sample was also scanned using a TerraSpec 4 Hi-Res mineral analyzer to complete a picture of clay/alteration system enabling identification of the higher levels of the epithermal system. 50gms of soil was then freighted to ALS Brisbane for low-level precision gold assay. Arsenic anomalism with coincident gold anomalism highlights the four major soil anomalies A-D (Figure 2).

Anomaly A trends North north-west for 4.2 kms with conjugate gold-arsenic trends in a north-east direction. This anomaly remains open to the northeast. This north-east direction mirrors the orientation of the significant Wharekirauponga gold deposit 3 kms southeast of the Glamorgan permit.

Anomaly B trends northerly and follows north to northeasterly quartz veins mapped over 4 kms and open to the north and south. The southern end of this anomaly coincides with the Wentworth/Auckland historical mine workings.

Ultra detailed UAV magnetics flown by the Rua Gold team highlights strong alteration (de-magnetization of the host rocks) enveloping the two anomalies and demonstrating a major alteration cell indicative of the footprint of a major epithermal system.

Field mapping (ongoing) has highlighted broad alteration and veining in situ, and areas of quartz-adularia float displaying banded, platy quartz after calcite, and brecciated andesite with stockwork veining increasing toward the zones of interest. Rock sampling both float and in situ sampling has returned encouragingly anomalous gold (refer to Table 2 in the appendix below), coincident with the zones of high soil geochemistry.

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Figure 4: Location map with soil geochemical heatmap over the Wires area

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ABOUT Rua Gold

Rua Gold is an exploration company, strategically focused on New Zealand. With decades of expertise, our team has successfully taken major discoveries into producing world-class mines across multiple continents. The team is now focused on maximizing the asset potential of Rua Gold's two highly prospective high-grade gold projects.

The Company controls the Reefton Gold District as the dominant landholder in the Reefton Goldfield on New Zealand's South Island with over 120,000 hectares of tenements, in a district that historically produced over 2Moz of gold grading between 9 and 50g/t.

The Company's Glamorgan Project solidifies Rua Gold's position as a leading high-grade gold explorer on New Zealand's North Island. This highly prospective project is located within the North Islands' Hauraki District, a region that has produced an impressive 15Moz of gold and 60Moz of silver. Glamorgan is adjacent to OceanaGold Corporation's biggest gold mining project, Wharekirauponga.

For further information, please refer to the Company's disclosure record on SEDAR+ at www.sedarplus.ca.

TECHNICAL INFORMATION

Simon Henderson CP, AUSIMM, a qualified person under National Instrument 43-101 Standards of Disclosure for Mineral Projects and Chief Operating Officer and a director of Rua Gold, has reviewed and approved the technical disclosure contained herein. Mr. Henderson has participated in the geophysical, sampling, and mapping programs to verify that they have been conducted in accordance with the standard operating procedures. Mr. Henderson has verified the data disclosed by running checks on the location, analytical, and test data underlying the information in the technical disclosure herein.

QA/QC SOIL SAMPLES

A bulk sample of ~0.5-1 kg was collected in the field. Each sample was photographed in the field alongside the GPS with coordinates visible and each sample site marked in the field with biodegradable flagging tape. Samples were taken back to Rua Gold's Waihi facility for preparation. Samples were dried in a customized incubator, set at 38°C, for a minimum of two days. Once the samples were fully dried, they were sieved to

The 50-100-g fine-sieved (Rua Gold's Reefton facility for pXRF using an Olympus Vanta hand-held analyser, and then on to ALS Geochemistry, Brisbane, for Au-TL43 analysis. The ALS analysis consisted of 25-g sample digestion by aqua regia, followed by trace Au analysis by ICP-MS. The detection limit for Au by this method is 1ppb. ALS Brisbane is independent to Rua Gold.

Field duplicates were collected every 20th sample and underwent the same drying, sieving, pXRF, and gold assay process outlined above. Duplicates were checked and validated by Rua Gold's Isogonal data validation system to ensure compliance.

QA/QC ROCK-CHIP SAMPLES

Rock-chip samples were collected in the field during routine mapping and soil sampling. The location of each sample was recorded in the field with a Garmin GPSMAP 66i and details of the samples recorded in a notebook or mapping application. Samples were photographed and sent to SGS Waihi for sample preparation. Sample information was entered into .csv files and uploaded to an SQL database.

Samples were crushed to 75% passing 2 mm (SGS code CRU75) and pulverised to 85% passing 75 µm (SGS code PUL85_CR). The pulverised rock-chips were split into two samples: a ~50 g sent for laboratory analysis, and the reject returned to Rua Gold for pXRF analysis and storage.

The 50 g sub-samples were analysed by AAS after fire assay at SGS Waihi (SGS code FAA505). Detection values for this method are 0.01-100 ppm Au.

SGS is independent to Rua Gold and its laboratories are accredited to applicable ISO/IEC 17025 standards.

Rua Gold Contact

Robert Eckford
Chief Executive Officer
Tel: +1 604 655 7354
Email: reckford@RUAGOLD.com
Website: www.RUAGOLD.com

This news release includes certain statements that may be deemed "forward-looking statements". All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur and specifically include statements regarding: the Company's strategies, expectations, planned operations or future actions, including but not limited to exploration programs at its Reefton project and the results thereof; and the Company's acquisition of Reefton Resources Pty Limited. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements.

Investors are cautioned that any such forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. A variety of inherent risks, uncertainties and factors, many of which are beyond the Company's control, affect the operations, performance and results of the Company and its business, and could cause actual events or results to differ materially from estimated or anticipated events or results expressed or implied by forward-looking statements. Some of these risks, uncertainties and factors include: general business, economic, competitive, political and social uncertainties; risks related to the effects of the Russia-Ukraine war; risks related to climate change; operational risks in exploration, delays or changes in plans with respect to exploration projects or capital expenditures; the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; changes in labour costs and other costs and expenses or equipment or processes to operate as anticipated, accidents, labour disputes and other risks of the mining industry, including but not limited to environmental hazards, flooding or unfavourable operating conditions and losses, insurrection or war, delays in obtaining governmental approvals or financing, and commodity prices. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements and reference should also be made to the Company's CSE Form 2A - Listing Statement filed under its SEDAR+ profile at www.sedarplus.ca for a description of additional risk factors.

This news release references projects near to the Glamorgan Project and historical production from certain areas of New Zealand. Mineralization on nearby projects is not necessarily indicative of mineralization on the Glamorgan Project. Historical production from the Reefton Gold District or the Hauraki District is not an necessarily an indication that significant production will be possible from the Glamorgan Project.

Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change

Table 1: Significant gold and arsenic assay results from soil samples.

Sample IDEasting_NZTMNorthing_NZTMAu (ppm)As (ppm)
WR10019184638758752390.661052
WR18022184545558734680.2815
WR14016184584358743980.2636
WR05107184853358754620.26367
WR07134184875858747610.2626
WR06119184862058751270.22487
WR15027184591158740720.19119
WR11057184692558746480.18398
WR10018184636958752490.18353
WR09143184866958742370.17241
WR04109184869158756600.141391
WR10019184638758752390.661052
WR04111184872658756410.06954
WR04110184870958756500.05922
WR01116184918258762440.10896
WR16124184747858729000.05877
WR15118184749658731770.12857
WR11048184676958747360.03784
WR10033184663058751020.06772
WR15149184803658728720.02607

 

Table 2: Significant assay results from rock-chip samples.

Sample IDLocationTypeEasting_NZTMNorthing_NZTMAu (ppm)
GERS1666Sutcliff StreamFloat184705658749598.25
GERS1669Sutcliff StreamFloat184709258751117.15
GERS1661Sutcliff StreamFloat184678758747634.37
GERS1663Sutcliff StreamFloat184691658747853.95
GERS1667Sutcliff StreamFloat184711358751202.46

 

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Metals and Mining Virtual Investor Conference: Presentations Now Available for Online Viewing

Metals and Mining Virtual Investor Conference: Presentations Now Available for Online Viewing

Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the Metals and Mining Virtual Investor Conference, held May 6 th -8th are now available for online viewing.

REGISTER AND VIEW PRESENTATIONS HERE

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Mining Insiders Are Moving Capital into Overlooked Gold Regions

Mining Insiders Are Moving Capital into Overlooked Gold Regions

Equity Insider   News Commentary

Issued on behalf of Rua Gold Inc.

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RUA GOLD to Present at the Metals & Mining Virtual Investor Conference May 6th 2025

RUA GOLD to Present at the Metals & Mining Virtual Investor Conference May 6th 2025

Rua Gold Inc. (TSXV: RUA, OTC: NZAUF, WKN: A40QYC) (" Rua Gold " or the " Company ") announces that it will present live at the Metals & Mining Virtual Investor Conference hosted by VirtualInvestorConferences.com, on May 6 th . The Company invites individual and institutional investors as well as advisors and analysts, to attend its real-time, interactive presentation online at VirtualInvestorConferences.com.

This live, interactive online event will give existing shareholders and the investment community the opportunity to interact with the Company's CEO, Robert Eckford in real time.

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Pinnacle Silver and Gold Corp. Announces Participation in THE Mining Investment Event, Quebec City, June 3-5, 2025

Pinnacle Silver and Gold Corp. Announces Participation in THE Mining Investment Event, Quebec City, June 3-5, 2025

Pinnacle Silver and Gold Corp. (TSXV: PINN) (OTC: NRGOF), an Americas-focused silver-gold exploration and development company, is pleased to announce that it will be participating in THE Mining Investment Event, Canada's Only Tier 1 Global Mining Investment Conference©, taking place June 3-5, 2025, at the Quebec Convention Centre, Quebec City, Canada.

Pinnacle Silver and Gold Corp.'s management will be available to meet with investors throughout the three-day conference.

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Blue Lagoon Resources to Participate in Canada's Premier Mining Investor Conference in Quebec City

Blue Lagoon Resources to Participate in Canada's Premier Mining Investor Conference in Quebec City

Blue Lagoon Resources Inc. (CSE: BLLG) (FSE: 7BL) (OTCQB: BLAGF) (the "Company") is pleased to announce that President & CEO Rana Vig will be attending and presenting at The Mining Investment Event of the North, Canada's premier mining investment conference, taking place June 3-5, 2025, in Québec City.

Mr. Vig will meet with institutional investors, fund managers, and analysts from across North America and abroad to present the Company's progress toward gold production that is expected to commence this summer at its high-grade Dome Mountain Gold Project, featuring an average grade of 9 grams per tonne (g/t) and located in one of the best mining jurisdictions in the world, just outside Smithers, British Columbia.

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Silver Stocks and the Land Grab for Silver Assets

Silver Stocks and the Land Grab for Silver Assets

Investorideas.com, a global investor news source covering gold and silver stocks presents a mining snapshot highlighting news from silver miners, from expanded land packages to acquisitions, featuring Apollo Silver Corp. (TSXV: APGO) (OTCQB: APGOF) (FSE: 6ZF0).

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Freegold Provides Update on 2025 Drill Program

Freegold Provides Update on 2025 Drill Program

2025 PROGRAM

  • Drilling is now underway with three rigs

    Conversion of inferred resources into indicated & further exploration drilling.

  • Updated mineral resource end of Q2

  • Ongoing metallurgical work, focusing on flowsheet optionality with sulphide oxidation is a key part of our strategy to maximize the potential of the resource.

  • Commencement of a Pre-Feasibility Study (PFS).

Freegold Ventures Limited (TSX: FVL) (OTCQX: FGOVF) ("Freegold" or the "Company ") is pleased to announce that three drill rigs are now operational at Golden Summit. One rig is situated in the WOW Zone (Holes GS2502, GS2505), another is operating in the Cleary Zone (Holes GS2501, GS2503), and a third is in the Dolphin Zone (GS2504). A fourth rig is anticipated to begin in early summer.

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Quimbaya Gold Announces Strategic Private Placement of up to $2,000,000 Led by Co-Founder of Gran Colombia Gold, Serafino Iacono

Quimbaya Gold Announces Strategic Private Placement of up to $2,000,000 Led by Co-Founder of Gran Colombia Gold, Serafino Iacono

Strategic financing deepens alignment with industry leader as Quimbaya advances drill-ready Colombian gold portfolio

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

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