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.

Highlights:

  • Significant broad quartz veins were intersected in drillholes CUDDH001 and CUDDH002, defining true widths of the main Gallant vein ranging from 5m to 9m. These results are consistent with historical intersections reported by OceanaGold Limited.

  • Assay results show:

    • CUDDH001: 3m @ 6.3g/t Au from 44m depth
      • Including 1m @ 16.2g/t Au 
    • CUDDH002: 14m @ 3.4g/t Au from 64m depth
      • Including 1m @ 26.9g/t Au
  • Historical drilling by prior operators targeting the Gallant structure intercepted 20.7m of quartz with individual 1m assays ranging from 0.15g/t gold to 1911g/t gold (60oz/t).

  • Drilling has confirmed discrete zones of high-grade gold mineralization hosted by quartz veins, accompanied by a broad halo of lower-grade gold from surface to a depth of 80m.

  • The visible gold within quartz is reminiscent of the style and size of Federation's Blackwater Project, 11km to the south. 

  • The geological team have relocated the drill rig to a new pad situated 100m south of the initial drill pad. 6 holes of depths ranging from 70m to 180m are planned, where surface mapping has identified quartz veins extending 200m southward.

  • Steeply dipping quartz veins with continuity from surface contributes to significantly lower drilling and development costs, supporting efficient advancement towards a resource.

  • The Cumberland structural zone was identified as a standout target using the VRIFY AI tool. Subsequent drilling will systematically test the 2.2km Cumberland gold camp, with a focus on high-priority targets identified by the VRIFY AI tool.

The Cumberland gold camp is a historic site located 3km south of Globe-Progress Mine, which has a rich production history of over 1 million ounces of gold produced. Drilling of the Gallant target within the Cumberland gold camp began in April 2025. The first two holes, CUDDH001 and CUDDH002, intersected 25m of mineralization, marking a strong start to the exploration of the gold camp.

Robert Eckford, CEO of Rua Gold, commented, "We acquired the Cumberland gold camp in November 2024 and received access agreements to commence drilling in April 2025. From the very first drill holes, we intersected significant, wide quartz veins hosting high-grade gold, confirming historical intercepts. This marks an exciting start, validating the effectiveness of the VRIFY AI targeting process and confirming near-surface mineralization with the potential to extend the envelope of known mineralization across a 2km structural zone.

Our focus is on developing economically viable ounces, and the Gallant target is a key part of this strategy. Fully accessible via a road, the Gallant target has logistical simplicity for both exploration and potential development. Achieving high-grade, near-surface intercepts at this early stage is a significant milestone in demonstrating the viability of our hub-and-spoke business model that we envisage for the Reefton Goldfield.

The Gallant prospect represents the first VRIFY target that we have drilled so far. This structure is traceable on surface for over 600m and remains largely untested along strike and at depth. These initial results are an encouraging step in defining the potential shape and size of this target."

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Figure 1: Overview of the Reefton Goldfield.

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RESULTS FROM INITIAL DRILLING

Based on the extensive surface exploration work and historical drilling, the Gallant target within the Cumberland gold camp stands out as an exceptional high-grade target. Following the completion of mining at the Globe-Progress Mine, the Gallant target was left largely untested. Quartz veins are exposed on surface within an envelope of strong gold-arsenic anomalism.

The Gallant lode was previously drilled by OceanaGold Limited 15 years ago, with several exploratory holes drilled on a well-defined quartz vein at shallow depth (Table 5 and Figure 2).

Results from drill holes CUDDH001 and CUDDH002 confirm the consistency of the near-surface Galant lode and support the strong potential of this target, following up the historical hole GAL001 drilled by OceanaGold Limited, which resulted in 20.7m @ 62.2 g/t (2 oz/t) Au. Full assay results are in Tables 1 and 2 of the appendices.

Drill hole CUDDH003, drilled to the north, intercepted a 2m quartz vein, but did not intersect the main vein, and similarly, drill hole CUDDH004 did not intersect the quartz, suggesting the structure steepens and is potentially offset to the north. Drill hole CUDDH005 intercepted historical workings with remanent quartz veins in the foot and hanging wall, confirming the continuity of the veins southward. Assays are pending for drill hole CUDDH007.

Ongoing drilling is targeting the southern surface extension of the Gallant lode 100m along strike and at depth. Intensified surface exploration is underway further south to delineate additional drill targets along the southern extensions of the structure.

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Figure 2: Gallant Cross Section.

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THE HISTORY

The Cumberland gold camp comprises 7 historic mines in a 2 km long north-northwest trending zone of quartz veins and shearing. Historic production totaled 21,740oz gold at an average recovered grade of 26.1 g/t (see appendices).

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Figure 3: Map showing Cumberland historic mine camp.

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VRIFY'S AI-ASSISTED MINERAL DISCOVERY PLATFORM

The Company has partnered with VRIFY to onboard DORA, their AI-Assisted Mineral Discovery Platform to accelerate discovery, reduce costs and further de-risk exploration.

In conjunction with the consolidation of the Reefton Goldfield in November 2024, the Company implemented DORA, where early in the AI training phase, the platform identified Cumberland as a standout target. The VRIFY team has assimilated geochemistry, drilling and geophysical data across the entire district with unprecedented scale and accuracy, processing over 84GB of data, and more than 170,000 data points. This comprehensive analysis is directly informing our 2025 drill targets, accelerating our project advancement and de-risking our work programs.

Rua Gold's data was unlocked through DORA, VRIFY's Al-Assisted Mineral Discovery Platform which synthesized complex datasets in minutes, a process that would have taken months, if performed manually. This enabled Rua Gold's exploration team to actively and effectively rank its 2025 drill targets using data-backed insights.

ACCELERATED DISCOVERY: Rua Gold inherited thousands of data points from historic activity on its multiple mine sites and exploration work with the Reefton Goldfields. The ability to rapidly mine this existing data for new insights and targets, while incorporating recent work, provided real-time feedback through VRIFY's platform to inform drilling programs.

SCALABILITY and COST SAVINGS: Rua Gold is just beginning and is confident that VRIFY will continue to add value by allowing for the analysis of larger datasets without increasing costs linearly.

HIGHER ACCURACY: VRIFY's proprietary Al model reduces human error and bias, while and identifying patterns that manual review might miss, increasing discovery potential.

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Figure 4: VRIFY AI hotspot identification showing Cumberland-Gallant Prospect.

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QAQC Drill Core Samples

Drillhole collar locations were recorded using a Garmin GPSMAP 66i by Rua Gold staff. Downhole surveys were completed for each drillhole at 30m intervals by using a GYRO system by the drill contractor Alton Drilling.

Drillholes were split sampled following 1-m sample intervals unless sample contacts are dictated by mineralization. PQ and HQ core were sampled as half core. NQ core was analyzed as whole core; requiring cutting only along sample intervals.

Drill core samples were sent to SGS Westport for sample preparation. Core was crushed to 75% passing 2 mm (SGS code CRU75), and a 1-kg split of material was pulverized (to 85% passing 75 µm; SGS code PUL85_CR). No split duplicates were collected during the crushing steps. Two scoops were taken from the pulverize bowl: one for laboratory analysis (~150 g) and the other for pXRF analysis (~100 g). The pulp reject is stored at Rua Gold's Reefton facility.

Coarse gold intersections were sampled in full, dried and dispatched to ALS Perth, Australia, for PhotonAssay analysis. Samples were coarse crushed at ALS Perth (ALS code CRU-21) and ~500 g of material used for analysis.

QAQC PHOTON ASSAYING

Samples were analyzed by PhotonAssay at ALS Perth, Australia (ALS code Au-PA01), which has a detection range of 0.03-350 ppm Au. PhotonAssay analysis works by bombarding samples with high-energy X-rays which excite atomic nuclei that produce gamma rays at signature energies, allowing for gold detection. This method has a fast turnaround time and is non-destructive, allowing the preservation of the entire whole-core and unlimited repeat testing. Samples were submitted with certified reference material (CRM) from OREAS into the sample stream every 5 samples.

ALS Perth is independent of Rua Gold and its quality management systems framework is accredited to ISO/IEC 17025:2005 or certified to ISO 9001:2015 standards.

The QP has verified the data disclosed including sampling, assay procedure and analytical information contained in the written disclosure.

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'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 2 million ounces of gold grading between 9 and 50 g/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 15 million ounces of gold and 60 million ounces of silver. Glamorgan is adjacent to OceanaGold Corporation's biggest gold mining project, WKP.

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, has reviewed and approved the technical disclosure contained herein.

Rua Gold CONTACT

Robert Eckford
Chief Executive Officer
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; and the effects and benefits of the Transaction. 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 unfavorable 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 short form base shelf prospectus dated July 11, 2024, and the documents incorporated by reference therein, filed under its SEDAR+ profile at www.sedarplus.ca for a description of additional risk factors.

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.

This news release references projects near to the mineral projects of the Company and historical production from certain areas of New Zealand. Mineralization on nearby projects is not necessarily indicative of mineralization on the Company's Project. Historical production from the Globe-Progress Mine, the Reefton Gold District or the Hauraki District is not necessarily an indication that significant production will be possible from the Glamorgan Project or the Cumberland Gold Camp.

APPENDICIES

Table 1: Cumberland 001 assay table

Sample No From To Interval Photon Assay
Au (g/t)
CU01012 44 45 1 16.17
CU01013 45 46 1 1.12
CU01014 46 47 1 1.61

 

Table 2: Cumberland 002 assay table

Sample No From To Interval Photon Assay
Au (g/t)
CU02010 64 65 1 1.03
CU02011 65 66 1
CU02012 66 67 1 2.85
CU02013 67 68 1 0.42
CU02014 68 69 1 0.31
CU02016 69 70 1 1.55
CU02017 70 71 1 3.59
CU02018 71 72 1 26.9
CU02019 72 73 1 1.31
CU02020 73 74 1 0.03
CU02022 74 75 1 0.58
CU02023 75 76 1 0.72
CU02024 76 77 1 3.88
CU02025 77 78 1 0.88

 

Table 3: Collars for Cumberland drill holes

Drill hole Easting (NZTM) Northing (NZTM) Elevation (RL) End depth Azimuth Dip
CUDDH001 1508685 5327989 618 89.9 92 -46
CUDDH002 1508685 5327989 618 104.8 92 -69
CUDDH003 1508685 5327990 618 157.8 40 -57
CUDDH004 1508685 5327989 618 194.5 92 -78
CUDDH005 1508685 5327987 618 133.7 135 -45

 

Table 4: Historic Production Cumberland Camp (Barry, 1993)

Lode Tonnes Production
(Au oz)
Recovered grade (oz/t) Recovered grade (g/t)
Scotia 604 1,283 2.1 66.1
Gallant 2,378 759 0.3 9.9
Sir Francis Drake-Happy Valley 17,261 5,810 0.3 10.5
Cumberland 14,120 13,629 1.0 30.0
Exchange-Industry 519 260 0.5 15.6

 

Source: Barry, J.M., 1993. The History and Mineral Resources of the Reefton Goldfield. Ministry of Commerce Resource Information Report No. 15.

Table 5: Collar for GAL001, historic drill hole.

Drill hole Easting (NZTM) Northing (NZTM) Elevation (RL) End depth Azimuth Dip
GAL001 1508726 5327981 628 123.7 293° -70°

 

Projection: New Zealand Transverse Mercator (NZTM) 2000.

Reference for Gallant assay results:
Anderson, T., 2014. MP 41164 Globe Progress annual technical report - 2014, OceanaGold Ltd; NZP&M, Ministry of Business, Innovation & Employment (MBIE), New Zealand. Unpublished Mineral Report MR5093.

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An emerging gold explorer in New Zealand’s historical goldfields

RUA GOLD Expands Reefton Drill Program and Provides Strategic Outlook

RUA GOLD Expands Reefton Drill Program and Provides Strategic Outlook

Rua Gold Inc. (TSXV: RUA,OTC:NZAUF) (OTCQB: NZAUF) (WKN: A40QYC) ("Rua Gold" or the "Company") is pleased to announce the commencement of an expanded drilling program at its Reefton Project on the South Island of New Zealand, and outlines the strategy for its fully funded 12-month exploration program. 

   

 Highlights: 

 

Robert Eckford, CEO of Rua Gold commented: "We closed Q2 2025 with $14 million in the treasury, placing us in a strong position to execute on our aggressive exploration plan in New Zealand. Over the past month, our Board and Management team have been focused on shaping the Company's strategy to transition us from an explorer to a developer.

With New Zealand's highly supportive permitting regime, our goal is to rapidly build ounces on our balance sheet and enter the "Fast Track Permitting Process" in 2026.

As our gold-antimony resource continues to grow rapidly - and with antimony at the top of every nations' critical minerals lists - the significance of this resource expansion and accelerated permitting is substantial for both Rua Gold and New Zealand"

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Figure 1: Conceptual Plan for Auld Creek Resource Expansion Drilling

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Figure 2: Alexander River long-section schematic 

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Reefton Goldfield Exploration Overview

The Reefton Goldfield is an orogenic district that produced 2Moz of gold at grades up to 50g/t up to the early 1900s. Rua Gold has assembled 120,000 hectares within this district that has seen limited drilling in the last 30 years. This goldfield is analogous in age, geology, mineralization style, and geological structure to that of Southern Cross Gold and the Fosterville Gold mine.

Auld Creek: Rua Gold commenced drilling at Auld Creek in December 2024 and has completed ~2,800 metres of drilling. The targeted program aims to add a further 4,000 metres of drilling across four mineralised shoots identified from surface exploration work (Figure 1). Following this, the resource will be refreshed and updated into the 43-101 report.

The Company is targeting an increase of the Auld Creek resource to over 300,000 gold-equivalent ounces by the end of 2025. This target is a global estimate based on current resource surface extension of 350 metres being extended over a 1km on surface at similar depths of 280 metres. Insufficient exploration to define a mineral resource has been completed to date and there is uncertainty if a mineral resource estimate will be delineated, therefore economic decisions should not be made on this target.

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).

Cumberland: Initial drilling from Rua Gold confirms the consistency of the near-surface gold mineralization and supports the strong potential of this target. Ongoing drilling is targeting the southern surface extension 100m along strike and at depth. Intensified surface exploration is underway to delineate additional drill targets along the 2.5 km long gold mineralized shear zone.

Additional targets are currently being modelled and surveyed across the Reefton Goldfield, including Caledonia in the north, and Alexander River in the south. Caledonia represents a historical mine recording the highest grade production (9 oz/ton gold) in the Reefton Goldfield. It was abandoned early and represents a shallow development target.

"The first crushing yielded at the rate of 9 oz. per ton, with subsequent crushings averaging about 4 oz. per ton. The ore-shoot had a steep easterly dip, and pitched to the north at about 30°. It had an average length of about 180 ft. and a width of 3 ft." * Henderson 1917.

Alexander River returned historical production of 41Koz @ 26g/t Au, mining ceasing in 1942 due to WWII. Mineralization outcrops over 1.2kms, comprises high-grade quartz reefs and disseminated sulfides; predecessor Siren Gold drilled extensively along the structure, and intersected some exceptionally high-grade zones which remain open at depth (Figure 2 Alexander River long-section schematic).

An Inferred Resource 130koz @ 4.1g/t Au* has potential to develop along strike and at depth, remodeling and further drilling is a priority of the strategic plan.

*NI 43 101 Technical Report on the Reefton Project, New Zealand. Prepared for Rua Gold Inc, 30 October 2024.

Glamorgan Exploration Overview

Glamorgan on the North Island is an exciting new epithermal gold target. Rua Gold has completed extensive surface exploration over the past 12 months as a precursor to drill targeting. Four significant gold-arsenic soil anomalies trending north, north-east and north-northwest strike out individually over 4 kms in length. Drill applications have now been submitted and drilling is expected to commence in Q4 2025.

Results from the work to date indicate the classic features of a major epithermal gold-silver system and are identical to the surface features of neighboring OceanaGold Project, Wharekirauponga, which is currently in New Zealand's Fast Track Permitting process with a decision expected in Q4 2025.

Importantly, Rua Gold's Chief Operating Officer, Simon Henderson was a member of the exploration team that led to the discovery of Wharekirauponga and has more the 25 years working in the region.

New Marketing Agreements

Capital Gain Media Inc.: On August 4, 2025, the Company entered into an investor relations agreement with Capital Gain Media Inc. ("Capital Gain"). Pursuant to the investor relations agreement, Capital Gain has agreed to provide content development and digital marketing services. The investor relations agreement will remain in effect for five (5) months commencing on August 4, 2025. In accordance with the terms and conditions of the investor relations agreement and as consideration for the services provided by Capital Gain, the Company agreed to pay an aggregate cash fee of US$120,000, plus applicable taxes. As of the date hereof, to the Company's knowledge, Capital Gain (including its directors and officers) does not own any securities of the Company and has an arm's-length relationship with the Company. Under the Capital Gain Agreement, the Company will not issue any securities to Capital Gain as compensation for its marketing service. Capital Gain provides investor relation services and the contact information for Capital Gain is: Capital Gain Media Inc., 1111 West Hastings Street, 15th Floor, Vancouver, BC V6E 2J3. The contact person of Capital Gain is Graham Colmer, email: admin@capitalgainmedia.com, phone: 1 (604) 379-8363.

Sidis Holdings: The Company has entered into a Services Agreement dated July 30, 2025 (the "Sidis Holdings Agreement") with Sidis Holdings pursuant to which Sidis Holdings has agreed to provide investor relations, market awareness campaigns and digital media support. Pursuant to the terms of the Sidis Holdings Agreement, such services are to be provided over a 6-month period, for a fee of US$120,000 plus applicable taxes. Sidis Holdings is a full-service marketing agency based in Hong Kong, and is headed by Francis Barker. As of the date hereof, to the Company's knowledge, Sidis Holdings (including its directors and officers) does not own any securities of the Company and has an arm's-length relationship with the Company. Under the Sidis Holdings Agreement, the Company will not issue any securities to Sidis Holdings as compensation for its marketing service.

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 verified the data disclosed by running checks on the location, analytical, and test data underlying the information in the technical disclosure herein.

Rua Gold Contact

Robert Eckford
Chief Executive Officer
Email: reckford@RUAGOLD.com
Website: www.RUAGOLD.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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 and Glamorgan projects and the results thereof. 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 unfavorable 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 short form base shelf prospectus dated July 11, 2024, and the documents incorporated by reference therein, filed under its SEDAR+ profile at www.sedarplus.ca for a description of additional risk factors.

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.

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RUA GOLD Closes C$13.8 Million Brokered Offering Including the Full Exercise of Over-Allotment Option

RUA GOLD Closes C$13.8 Million Brokered Offering Including the Full Exercise of Over-Allotment Option

Highlights 

  • Closing the oversubscribed brokered offering for $13.8 million of gross proceeds. 

  • Offering was completed without dilutive warrants and without a significant discount to market trading price. 

  • Incoming key long-term supportive 9.9% shareholder leading the private placement and serving as a cornerstone investor to the Rua Gold journey. 

  • Completion of this financing secures a treasury balance sufficient to fund 12 to 18 months of aggressive exploration across on the projects.

Rua Gold Inc. (TSXV: RUA) (OTCQB: NZAUF) (WKN: A40QYC) ("Rua Gold" or the "Company") is pleased to announce that it has closed its previously announced brokered "best efforts" public offering (the "Public Offering") and private placement (the "Private Placement" and with the Public Offering, the "Offering") consisting of 19,714,450 common shares in the capital of the Company (each, a "Common Share"), which included the exercise of the over-allotment option in full, at a price of C$0.70 per Common Share for aggregate gross proceeds of C$13,800,115.

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RUA GOLD Announces Filing of Prospectus Supplement

RUA GOLD Announces Filing of Prospectus Supplement

Final Short Form Base Shelf Prospectus and Prospectus Supplement are Accessible on SEDAR+

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RUA GOLD Announces C$12 Million Brokered Offering of Common Shares

RUA GOLD Announces C$12 Million Brokered Offering of Common Shares

 Rua Gold Inc. (TSXV: RUA) (OTCQB: NZAUF) (WKN: A40QYC) (" Rua Gold " or the " Company ") is pleased to announce that it has entered into an agreement with Cormark Securities Inc. and Red Cloud Securities Inc., to act as agents (the " Agents ") on a "best efforts" agency basis in connection with a public offering (the " Public Offering ") and contemporaneous private placement (the " Private Placement ") of 17,143,000 common shares in the capital of the Company (each, a " Common Share ") at a price of C$0.70 per Common Share (the " Offering Price ") for aggregate gross proceeds of C$12,000,100 (the " Offering "). The allocation of the number of Common Shares to be issued in connection with the Public Offering and the Private Placement will be determined prior to filing the Supplement (as defined below).

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RUA GOLD Reports Auld Creek Drilling Results Including 2.1m @ 64g/t AuEq Intersected 120m Below the Current Resource, Demonstrating Significant and Open-Ended Depth Potential

RUA GOLD Reports Auld Creek Drilling Results Including 2.1m @ 64g/t AuEq Intersected 120m Below the Current Resource, Demonstrating Significant and Open-Ended Depth Potential

Rua Gold Inc. (TSXV: RUA) (OTCQB: NZAUF) (WKN: A40QYC) ("Rua Gold" or the "Company") is pleased to provide an update on its gold-antimony exploration at the Auld Creek project in the Reefton Goldfield on the South Island of New Zealand, reporting further high-grade gold-antimony intersections 120 meters below the current resource estimate.

Highlights: 

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Lode Gold Completes Final Tranche Financing for Total $1.51 Million

Lode Gold Completes Final Tranche Financing for Total $1.51 Million

Lode Gold Resources Inc. (TSXV: LOD,OTC:LODFF) (OTCQB: LODFF) ("Lode Gold" or the "Company") is pleased to announce that it has completed the third and final tranche of its previously announced non-brokered private placement offering for $1 million. In this final tranche, the Company has raised an additional $326,780 through the issuance of 1,815,446 Units at a price of $0.18 per Unit. The Company has now raised a total of $1,513,768 through the issuance of 8,409,825 Units.

Each $0.18 unit consists of one common share and one common share purchase warrant. Each warrant shall entitle the holder to purchase one common share at an exercise price of $0.35 per common share for a period of three years following the date of closing.

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Quimbaya Gold Starts Drilling at Tahami South, Testing Undrilled Gold System Beside Aris' Segovia Mine

Quimbaya Gold Starts Drilling at Tahami South, Testing Undrilled Gold System Beside Aris' Segovia Mine

The 4,000m drilling campaign aims to unlock district-scale potential by testing a possible extension of Aris' producing vein system in Colombia's premier high-grade gold corridor

Quimbaya Gold Inc. (CSE: QIM,OTC:QIMGF) (OTCQB: QIMGF) (FSE: K05) ("Quimbaya" or the "Company") is pleased to announce the commencement of its inaugural diamond drill campaign at the 100%-owned Tahami South Project in Antioquia, Colombia. The fully permitted 4,000-meter program marks Quimbaya's transition from surface exploration to drill-testing in one of the country's most prolific gold-producing districts.

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Pinnacle Closes Oversubscribed Non-Brokered Private Placement

Pinnacle Closes Oversubscribed Non-Brokered Private Placement

(TheNewswire)

VANCOUVER, BRITISH COLUMBIA, August 7, 2025 TheNewswire - (TSXV: PINN,OTC:NRGOF, OTC: PSGCF, Frankfurt: P9J) Pinnacle Silver and Gold Corp. (" Pinnacle " or the " Company ") is pleased to announce that, further to Company news releases of July 14 and 25, 2025, it has closed its non-brokered private placement to raise gross proceeds of $1,686,608 (the "Offering").  Due to strong investor demand, the Offering was oversubscribed and now consists of 28,110,134 units (the "Units"), with each Unit, priced at $0.06, comprising one common share ("Share") in the capital of the Company and one-half share purchase warrant ("Warrant").  Each whole Warrant shall be convertible into an additional Share at an exercise price of $0.10 for a period of 24 months from the date of issuance.  Finder's fees consisting of $20,622 in cash commission and 343,700 non-transferable finder's warrants were paid in connection with the offering.  Each finder's warrant entitles the holder to acquire one common share at $0.10 cents per share over a 24-month period.

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LaFleur Minerals Provides Swanson Drilling Update, Acquires Key Swanson Claim, and Files Updated NI 43-101 Technical Report

LaFleur Minerals Provides Swanson Drilling Update, Acquires Key Swanson Claim, and Files Updated NI 43-101 Technical Report

LaFleur Minerals Inc. (CSE: LFLR,OTC:LFLRF) (OTCQB: LFLRF) (FSE: 3WK0) ("LaFleur Minerals" or the "Company") is pleased to announce that to date, seven (7) diamond drill holes totaling 1,764 metres have been completed at its Swanson Gold Project ("Swanson") since drilling commenced in early July (Figure 1). Three (3) of these holes have been sampled, sawn, and sent to the assay laboratory for analysis, with final results expected in the coming weeks. The Swanson Gold Project is particularly well positioned as it lies in the heart of the Abitibi Greenstone Belt near Val-d'Or, Québec, a globally renowned gold district.

Drilling is currently focused on the northern part of the Swanson Gold Project near the Swanson Gold Deposit, which hosts an Indicated and Inferred Mineral Resource Estimate. These regional exploration holes are testing geological, geophysical, and geochemical targets up to 3 km from the Swanson Gold Deposit and along strike of a major structural break. Visual core logging suggests that several of the completed holes intersected geological features similar to those hosting known mineralization at the Swanson Gold Deposit.

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Sranan Gold Trenching Encounters 36.7 Grams/Tonne Gold over 5 Metres, 150 Metres South of Randy's Pit at the Tapanahony Project in Suriname

Sranan Gold Trenching Encounters 36.7 Grams/Tonne Gold over 5 Metres, 150 Metres South of Randy's Pit at the Tapanahony Project in Suriname

Sranan Gold Corp. (CSE: SRAN) (FSE: P84) (Tradegate: P84) ("Sranan" or the "Company") announces three channel samples with an apparent width of 5 metres that averaged 36.7 gramstonne (gt) gold were sampled in trench 25RACH-001, the first trench of an ongoing trenching program at the Tapanahony Project in Suriname.

This initial trench is located 150 metres south of Randy's Pit, which is the largest artisanal mine within the Tapanahony Project. The previously announced high-grade grab samples from underground workings within Randy's Pit (76.6 g/t and 23.7 g/t gold - see news release dated July 31, 2025) are located approximately 350 metres to the north.

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1911 Gold Intersects 5.52 g/t Au over 6.50 m and 54.00 g/t Au over 0.50 m on SAM Southeast Zone at True North

1911 Gold Intersects 5.52 g/t Au over 6.50 m and 54.00 g/t Au over 0.50 m on SAM Southeast Zone at True North

1911 Gold Corporation (" 1911 Gold " or the " Company ") (TSXV: AUMB,OTC:AUMBF) (OTCBB: AUMBF) (FRA: 2KY) is pleased to announce the assay results from ten (10) drill holes for 3,079.0 metres ("m") from the ongoing surface drill program at the True North Project. The True North project, including a permitted mill, camp, and tailings facility, is centrally located within the Company's 100%-owned Rice Lake Gold property in southeast Manitoba, Canada .

Highlights:

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