Latest news with #RUAGOLDInc
Cision Canada
17-07-2025
- Business
- Cision Canada
Discounted Explorers Poised For Catch‑Up Rally In Bullish Gold Market
VANCOUVER, BC, July 17, 2025 /CNW/ -- USA News Group News Commentary – After a brief rise, gold's price leveled off as the market responded to US President Donald Trump shooting down talks about the possibility of firing Federal Reserve Chairman Jerome Powell. As the precious metal stays comfortably over the US$3,300 per ounce price point, several analysts are believing in an upcoming US$4,00 price target. With the current gold bull market comfortably underway, analysts are pointing to how mining stocks outshine the physical commodities themselves, while juniors in particular regain momentum. Among the mining companies advancing projects with optimal timing, include RUA GOLD Inc. (TSXV: RUA) (OTCQB: NZAUF), AngloGold Ashanti plc (NYSE: AU), August Gold Corp. (TSX: G) (OTCQB: AUGG), Valkea Resources Corp. (TSXV: OZ) (OTCQB: OZBKF), and Luca Mining Corp. (TSXV: LUCA) (OTCQX: LUCMF). As cash pours into bullion and flagship gold ETFs such as GDX, analysts contend that junior miners could be the next group to rally. Even with gold holding firm, shares of these smaller producers and explorers remain deeply discounted, suggesting ample room for a catch‑up move. VanEck and other fund managers call this valuation gap one of the strongest risk‑reward setups left in the sector. RUA GOLD Inc. (TSXV: RUA) (OTCQB: NZAUF) is developing a portfolio of high‑grade, district‑scale gold and antimony projects in New Zealand, a rising exploration hub that combines historic production, critical‑mineral status, and modern infrastructure. Now following a recent C$13.8M financing, the Company is in a strong treasury position to execute on its growth plans. Altogether RUA GOLD controls about 95% of the historic Reefton Goldfield on New Zealands South Island, where more than 2 million oz of gold were produced at grades from 9 to 50 g/t. The hub‑and‑spoke strategy that the RUA team are executing on focuses on consolidating and growing shallow, high‑grade resources within trucking distance of a central plant. With mineralization confirmed at multiple levels, the multi‑asset approach is gaining momentum as additional drill data arrive. Recent step‑out drilling at the Auld Creek project pushed high‑grade mineralization 120 m below the current inferred resource. Hole ACDDH033 intersected 2.1 m averaging 64 g/t AuEq, made up of 5.5 g/t gold and 13.1 % antimony, and extended the system's vertical reach to more than 280 m. Several targets are still untested, including a 2.5 km gold‑in‑soil corridor northwest of the Bonanza and Fraternal shoots. "This is an exciting development to see high-grade gold-antimony mineralization at Auld Creek that is 120 m deeper than the current resource," said Robert Eckford, CEO of RUA GOLD. "Proving out continuity at depth and growing this resource will be a key focus of drilling in the next quarter, while simultaneously drilling the Cumberland-Gallant deposit 3 km to the south." Antimony prices climbed above US$50,000 per tonne in 2025 after China imposed export controls, and New Zealand has listed the metal as critical, sharpening interest in Auld Creek's dual‑commodity appeal. Surface samples exceed 40% Sb, and several drill holes contain more than 8% antimony—grades rarely seen this early in a project's life. Three kilometres south within the Reefton Goldfield, RUA has a second drill rig at Cumberland. Recent drilling delivered near‑surface hits such as 1 m at 26.9 g/t and 1 m at 16.2 g/t, adding to earlier intercepts of 1 m at 1 911 g/t. The holes confirm continuity along the Gallant vein system and represent the company's first AI‑guided target generated with VRIFY's predictive platform. Gallant's vein traces more than 600m at surface yet remains largely open along strike and at depth. Management believes the latest results validate its AI‑driven exploration workflow and point to a broader mineralized envelope. By pairing modern data science with historic vein mapping, RUA is generating new targets along a 2 km structural corridor anchored by Cumberland. On the North Island, RUA holds the Glamorgan project, a 4 km gold‑arsenic anomaly in the Hauraki Goldfield that also hosts the 10 Moz Martha mine. Rock‑chip samples reach 43 g/t gold, and CSAMT surveys have outlined resistive zones typical of quartz veins. Drill access is in the final approval stage, and targets have been refined with VRIFY's DORA AI engine. With over US $10 million in cash in the bank and a leadership team credited with more than US $11 billion in cumulative mining exits, RUA GOLD is set for an active second half of 2025. Multiple programs are in motion across the portfolio, supported by AI‑driven targeting, shallow drill success, and the growing strategic importance of both gold and antimony. In other industry developments and happenings in the market include: AngloGold Ashanti plc (NYSE: AU), which has already surged 104% year-to-date, is set to acquire August Gold Corp. (TSX: G) (OTCQB: AUGG) for C$1.70 per share in cash, valuing Augusta at roughly C$152 million in equity and C$197 million enterprise. "This acquisition reinforces the value we see in one of North America's most prolific gold districts," said Alberto Calderon, CEO of AngloGold Ashanti. "We believe that securing these properties will not only solidify our leading position in the most important new gold district in the U.S., but will also improve our ability to develop the region under an integrated plan – with more flexibility, greater access, better infrastructure sharing, and cohesive engagement with all stakeholders". AngloGold Ashanti says the transaction strengthens its foothold in Nevada's Beatty District by adding the permitted Reward project, the Bullfrog deposit, and surrounding claims contiguous to its own ground. Augusta stockholders gain a 28% premium to the prior‑day close (37% to the 20‑day VWAP) and avoid future dilution, construction, and commodity‑price risk. "The offer from AngloGold Ashanti represents a compelling offer to stockholders, locking in a meaningful premium and immediate liquidity as compared to waiting for the Reward Project to commence construction and then produce by mid-2027," said Richard Warke, Executive Chairman of Augusta Gold. "Constructing the Reward Project would require additional dilution to raise the required equity, substantial time for construction, and time to get the mine operating at capacity. Taking the foregoing factors into consideration, I believe that the offer from AngloGold Ashanti represents a clearly superior path forward for stockholders." Boards of both companies have unanimously approved the deal, which AngloGold Ashanti will fund from existing cash and expects to close in the fourth quarter of 2025 pending customary approvals. Valkea Resources Corp. (TSXV: OZ) (OTCQB: OZBKF) will launch a fully funded 2025 program that starts with up to 2 000 m of step‑out drilling on the Koivu Zone at its Paana Project in Finland's Central Lapland Greenstone Belt. "Momentum is building at Valkea," said Chris Donaldson, CEO and Executive Chair of Valkea. "Our 2024 drilling confirmed the high-prospectivity of our Aarnivalkea West target, and we're ready to build on that success this year. With strong support from strategic investors and the right team and partners in place, we're focused on advancing our projects toward meaningful milestones. For the balance of 2025, our priority is clear: expand the footprint of known gold mineralization, refine our key targets, and lay the groundwork for future resource definition." Valkea plans another 1,000 m of holes to test gaps between Koivu and the high‑grade Honka zone while advancing earlier‑stage targets across Paana West, Rova, Putaanperä, and Aarnivalkea East. The campaign follows a C$4.1 million placement and builds on 2024 hits such as 55.48 m of 1.63 g/t gold and 8.50 m of 8.57 g/t. Luca Mining Corp. (TSXV: LUCA) (OTCQX: LUCMF) recently reported 15.05 m grading 11.9 g/t AuEq—including 5.35 g/t gold and 8.39% zinc—from its first surface hole at the Reforma deposit within the Campo Morado mine in Mexico. Luca has completed 22 of 25 planned underground holes and five of ten surface holes in the 7,500 m Phase 1 program aimed at adding near‑term resources. "Intersecting thick, high-grade, gold-rich massive sulphides in Luca's first drillhole at the Reforma Deposit clearly demonstrates how quickly the Company's exploration efforts can have a transformative impact on the mine and also our ability to realize the untapped metal endowment of Campo Morado," said Paul D. Gray, VP of Exploration of Luca. "The gold-rich Reforma and El Rey Deposits were discovered and partially defined in the 1990's but were never incorporated into the Campo Morado mine plan after the zinc-rich G9 Deposit became the primary focus of previous operators." Underground drilling at Campo Morado is also paying off, with intervals such as 11 m at 7.6 g/t AuEq and 30.8 m at 1.59 g/t AuEq expanding the SW Zone. " Luca is uniquely positioned to target these gold-rich deposits during record gold prices while continuing to build out the resources in the G9 Deposit," added Gray. "Underground drill results continue to impress with the discovery of additional mineralized zones with each batch of assays." CONTACT: [email protected] (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 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 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.
Cision Canada
26-06-2025
- Business
- Cision Canada
Mining's New Golden Age Driven By Inflation Fears
Issued on behalf of RUA GOLD Inc. VANCOUVER, BC, June 26, 2025 /CNW/ -- Equity Insider News Commentary – This year's bullish run for gold continues to pick up momentum, and it's starting to trickle towards the miners. According to a new report from Reuters, the TSX is currently approaching its own recent record high, as gold mining shares continue to climb. As Iran-Israel tensions escalate, despite the announcement of a supposed cease fire, gold continues to be seen as a safe-haven investment. Gold price bulls continue to shrug off the ceasefire's impact on the precious metal, ahead of the Federal Reserve's Chair Jerome Powell's awaited testimony coming in July. Amid the scramble, investors are seeking out more information on miners, with recent attention turning towards groups such as RUA GOLD Inc. (TSXV: RUA) (OTCQB: NZAUF), Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF), Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF), Fuerte Metals Corp. (TSXV: FMT) (OTCQB: FUEMF), and U.S. Gold Corp. (NASDAQ: USAU). According to Ammar Al-Joundi, CEO of mining major Agnico Eagle Mines, there's only one reason to buy a gold mining stock: if it gives you a better return than just buying gold. As gold flirts with all-time highs and silver rips through multi-year resistance, investors are beginning to rotate into junior miners as the next logical phase of the precious metals bull run. RUA GOLD Inc. (TSXV: RUA) (OTCQB: NZAUF) today announced it had closed a C$13.8 million brokered offering, including the full exercise of an over-allotment option, helping the company to further advance its portfolio of high-grade, district-scale gold and antimony assets in New Zealand. "For the first time, RUA GOLD is fully funded to execute all of our exploration plans over the next 12 to 18 months" said CEO, Robert Eckford. "Since listing the Company last year, we have accelerated both the Reefton Project on the South Island, and Glamorgan Project on the North Island of New Zealand." Prior to the announcement, the company recently reported deeper success at its Auld Creek project, where step-out drilling has extended high-grade mineralization 120 metres below the current inferred resource. Hole ACDDH033 intercepted 2.1 metres at 64 g/t AuEq (5.5 g/t gold and 13.1% antimony), increasing the vertical extent of the system from 160 metres to over 280 metres. Multiple targets remain untested, including a 2.5-kilometre gold-in-soil trend to the northwest of the existing Bonanza and Fraternal shoots. "With the addition of a cornerstone 9.9% investor, we have strengthened our support base, enabling a two-pronged strategy: the continuation of an aggressive drill campaign at the Reefton Project, and the planned commencement of drilling at the Glamorgan Project in Q4 2025," added Eckford. "Both strategies are designed to highlight the exceptional geological potential of New Zealand, supported by a very significant financing." The latest results at Auld Creek continually demonstrate the robustness of the gold–antimony system. Earlier intercepts include 9.0 metres at 5.9 g/t AuEq and 1.25 metres at 48.3 g/t AuEq — with previous drilling returning 12 metres at 12.2 g/t including a 2-metre interval at 54.8 g/t. Only two of four known mineralized shoots are currently modeled. RUA's strategy includes expanding inferred resources along strike and at depth while also evaluating the critical metals component of the system. "This is an exciting development to see high-grade gold-antimony mineralization at Auld Creek that is 120 m deeper than the current resource," said Eckford. "Proving out continuity at depth and growing this resource will be a key focus of drilling in the next quarter, while simultaneously drilling the Cumberland-Gallant deposit 3 km to the south." Three kilometres south of Auld Creek, RUA GOLD is drilling the Gallant prospect inside its Cumberland licence. New hits, such as 1 m @ 26.9 g/t and 1 m @ 16.2 g/t gold, added to earlier assays of 62.2 g/t and a spectacular 1 m @ 1,911 g/t, confirming shallow continuity along the 600 m-long Gallant vein. Gallant is the company's first VRIFY AI–generated target, and step-outs are planned along a two-kilometre structural corridor tied to Cumberland. Antimony's 2025 spot price has jumped past US$50,000/t after China imposed export controls, and New Zealand now classifies the metal as "critical." That backdrop sharpens Auld Creek's gold-plus-antimony appeal: surface samples top 40 % Sb and multiple holes exceed 8 % Sb—grades seldom reported this early by juniors. RUA controls about 95% of the historic Reefton Goldfield, which produced over two million ounces at 9–50 g/t. Its hub-and-spoke plan aims to truck near-surface, high-grade feed to a central mill as new data expand each spoke. North-island flagship Glamorgan spans a four-kilometre gold-arsenic anomaly in the Hauraki belt that hosts the 10 Moz Martha mine. Rock chips grade up to 43 g/t gold, CSAMT surveys outline vein-style resistors, and drill access is in final approval after VRIFY's DORA AI refined targets. With the oversubscribed $13.8M financing complete and a leadership team behind US$11 billion in past mining exits, RUA GOLD is funding multiple near-surface programs through H2 2025, positioning both gold and antimony as twin growth levers. In other industry developments and happenings in the market include: Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) recently announced a high-grade gold discovery at the Maria Geralda target of its Antino Project in Suriname, highlighted by 22.5 m averaging 11.88 g/t gold in drill hole MG003. The hole tested a 500 m × 400 m surface anomaly where 54 % of auger samples topped 0.1 g/t, validating the company's systematic exploration work. "This outstanding start to drilling at Maria Geralda further validates our exploration approach across the 200 km² Antino land package," said Colin Padget, President and CEO of Founders. "The 22.5 m interval grading 11.88 g/t Au represents some of the highest-grade mineralization we've encountered to date. These results demonstrate the substantial discovery potential that exists beyond the property's current established zones. Between this discovery, recent expansions at Upper and Lower Antino, and our ongoing 2025 exploration program, we see significant opportunity to build shareholder value." The zone is open along strike and at depth, with step-out drilling planned in 2025. Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) recently hit 29.6 m averaging 10.7 g/t gold equivalent in drill hole KM-25-181 at the Kay2 Zone of its Kay Mine Project, including 13.6 m at 17.8 g/t AuEq and a peak assay of 35.8 g/t gold. The intercept lies about 90 m below the Kay2 discovery hole and underscores the zone's open depth potential. "The high gold grades in the Kay2 Zone continue to indicate a robust mineralized system at Kay and illustrate additional potential for the Kay2 Zone to add value to the overall deposit," said Duncan Middlemiss, President and CEO of Arizona Metals. "Results from hole 181 will be included in the upcoming mineral resource estimate for the Kay project, which remains on track for release this month." With 135,000 m drilled so far, the company is fully funded to deliver a new mineral resource estimate this month and a PEA in the second half of 2025. Back in May, Fuerte Metals Corp. (TSXV: FMT) (OTCQB: FUEMF) reported drill results from the Los Ingleses vein at its Cristina Project in Chihuahua, headlined by 10.3 g/t AuEq over 2.4 m within a broader 10.5 m zone grading 2.6 g/t AuEq. A second standout hole returned 0.7 g/t AuEq over 95 m that hosts narrower highs of 7.0 g/t AuEq over 1.4 m and 5.6 g/t AuEq over 3.6 m, underscoring open-pit and underground potential. "Almost every hole drilled to date on the Los Ingleses vein system has encountered very wide, lower-grade intercepts with the widest intercept within 50-100 m of surface, making them excellent candidates for open pit mining," said Tim Warman, CEO of Fuerte. "These wider intercepts typically host one or more narrower, high-grade zones that are in a gold rich area and likely continue at depth. Only a fraction of the Los Ingleses vein system has been drill tested for inclusion in a resource level evaluation." With 50 holes now completed (13,755 m), the company is building an updated geologic model ahead of a resource estimate later this year. After reviewing several bids, U.S. Gold Corp. (NASDAQ: USAU) recently chose Micon-Halyard to create a detailed, "bank-ready" plan for its CK Gold Project in southeast Wyoming. The work will sharpen cost estimates and spell out how the ore will be milled and how filtered tailings will be stored—key steps that follow up on February's prefeasibility study. The finished plan, expected late 2025, will give the company the numbers it needs to secure permits, line up financing, and decide when to start construction. CONTACT: Equity Insider [email protected] (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. Equity Insider is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is being distributed for 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 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.
Malaysian Reserve
06-06-2025
- Business
- Malaysian Reserve
Analysts See 'Historic Dislocation' Between Gold Prices and Miner Valuations
USA News Group News Commentary Issued on behalf of RUA GOLD Inc. VANCOUVER, BC, June 6, 2025 /PRNewswire/ — USA News Group News Commentary – Gold mining stocks are still too cheap, according to analysts at JP Morgan. In their latest note, JP Morgan tentatively sees $4,100 per ounce gold prices for 2026, and based on that estimate foresees plenty of value in gold mining shares from larger producers all the way down the chain to small- and mid-cap companies. Analysts at Jefferies still think things are out of balance, pointing to a historic valuation gap, with many gold equities still priced as if bullion were stuck at $2,500 an ounce. As gold rises, other analysts are calling for a mining equities breakout, leading to extra attention on miners of all sizes, including RUA GOLD Inc. (TSXV: RUA) (OTCQB: NZAUF), Great Pacific Gold Corp. (TSXV: GPAC) (OTCQX: FSXLF), 1911 Gold Corporation (TSXV: AUMB) (OTCBB: AUMBF), Fortuna Mining Corp. (NYSE: FSM) (TSX: FVI), and Seabridge Gold (NYSE: SA) (TSX: SEA). According to analysts at Goldman Sachs, it's the central banks acting as a driving purchasing force behind the current record-breaking gold bull market, accumulating roughly 80 metric tons of gold a month worth ~$8.5 billion at current prices. With all the global uncertainty and turbulence, it's no surprise to analysts like George Milling-Stanley from State Street Global Advisors that gold will continue to make sense for investors for its attributes and potential. RUA GOLD Inc. (TSXV: RUA) (OTCQB: NZAUF) is advancing a portfolio of high-grade, district-scale gold projects in New Zealand—an emerging exploration hotspot with deep historical roots and modern infrastructure. The company recently announced new high-grade intercepts from its Cumberland project, including 1 metre at 26.9 g/t gold and another at 16.2 g/t, building on a previously returned 62.2 g/t gold, including a standout prior result of 1 metre at 1,911 g/t gold. These hits confirm the near-surface continuity of the Gallant vein system, which became RUA's first drill-tested target generated via VRIFY's AI-powered targeting platform. 'From the very first drill holes, we intersected significant, wide quartz veins hosting high-grade gold, confirming historical intercepts,' said Robert Eckford, CEO of RUA GOLD. '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.. It's a major step forward for our hub-and-spoke strategy in Reefton… The Gallant prospect represents the first VRIFY AI 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.' Gallant sits just 3 km from the historic Globe Progress mine and features steeply dipping quartz veins up to 14 metres thick. Historic drill data from the area includes 20.7 metres of quartz with gold grades reaching 1,911 g/t near surface—highlighting the potential for a shallow, high-grade resource. RUA has now launched a follow-up program stepping 100 metres to the south, with assays pending. Beyond Gallant, RUA GOLD holds commanding control of the Reefton Goldfield, covering roughly 95% of a district that historically produced more than 2 million ounces of gold at grades between 9 and 50 g/t. The Auld Creek project continues to deliver encouraging results as well, with recent intercepts of 9.0 metres at 5.9 g/t gold equivalent and 1.25 metres at 48.3 g/t. Notably, only two of the four known mineralized shoots are currently included in the working model. Previous drilling has returned 12 metres at 12.2 g/t gold equivalent, including a 2-metre stretch at 54.8 g/t. Infographic – Auld Creek also hosts significant antimony mineralization—an increasingly strategic metal trading above US$50,000 per tonne. Surface samples have shown grades above 40% antimony, and drill holes have returned multiple intercepts over 8%. The New Zealand government's early 2025 declaration of antimony as a critical mineral further elevates the project's dual-metal value proposition. On the North Island, RUA GOLD is progressing its Glamorgan project in the Hauraki Goldfield, where a second surface campaign outlined three distinct gold-arsenic anomalies across a 4-kilometre corridor. Rock chip sampling returned up to 43 g/t gold, and CSAMT geophysical surveys identified resistive zones typical of quartz-rich vein systems. Drill access is in the final stages of approval, with targets prioritized through VRIFY's DORA AI engine. Backed by $5.75 million in capital and led by a leadership team with over $11 billion in past mining exits, RUA GOLD is aiming to uncover high-grade discoveries in underexplored terrain. With multiple active programs, AI-guided targeting, and a pipeline of assays and agreements on the horizon, the company is positioning itself as one of New Zealand's most advanced early-stage gold explorers heading into 2025. CONTINUED… Read this and more news for RUA GOLD at: In other industry developments and happenings in the market include: Great Pacific Gold Corp. (TSXV: GPAC) (OTCQX: FSXLF) recently intersected 7.0 metres grading 10.3 g/t gold equivalent (including 2.0 metres at 14.3 g/t AuEq) at its Wild Dog project in Papua New Guinea. 'The first drill results from our Phase 1 drill program at Wild Dog did not disappoint,' said Greg McCunn, CEO of Great Pacific Gold. 'We now have a drill rig on the ground, a highly experienced technical team, and the infrastructure support in place to explore the potential of this system.' The intercept came from WDG-02, drilled beneath a historic pit, confirming the presence of high-grade sulphide mineralization near surface. The current 2,500-metre drill campaign spans 16 planned holes across a 3-kilometre segment of a 15-kilometre target zone. Assays are pending from WDG-03, and hole WDG-04 is now in progress. 1911 Gold Corporation (TSXV: AUMB) (OTCBB: AUMBF) continues to expand its San Antonio West target at the True North project, returning standout grades such as 1.0 metre at 62.40 g/t gold and 2.1 metres at 8.81 g/t. 'These follow-up holes at the San Antonio West target show evidence of several shear structures and also higher grades as we extend drilling to depth,' said Shaun Heinrichs, CEO and President of 1911 Gold. 'The results continue to show another parallel ore shoot to the San Antonio Mine vein system, similar to what we are seeing on the San Antonio Southeast target.' The zone, hosted within the historically productive San Antonio gabbro, now shows gold mineralization across three parallel vein systems traced over 500 metres laterally and 260 metres vertically. The program supports the presence of a new ore shoot west of the historic San Antonio Mine, bridging toward the Cartwright resource. With 39 holes drilled to date and a 30,000-metre campaign planned, the company is prioritizing underground access and resource expansion. Fortuna Mining Corp. (NYSE: FSM) (TSX: FVI) is advancing its Diamba Sud Project with fresh intercepts from the Southern Arc prospect, where drilling returned 13.6 meters at 8.6 g/t gold and 11.8 meters at 9.3 g/t. Infill drilling at nearby deposits also yielded high-grade intervals, such as 113.7 g/t gold over 6.4 meters at Area D and 28.8 meters at 3.0 g/t at Area A. 'Our exploration work at Diamba Sud continues to yield strong results, particularly from areas with limited historical drilling,' said Paul Weedon, Senior Vice President of Exploration at Fortuna Mining Corp. 'These results further reinforce the project's potential for near-term resource growth.' Exploration remains active across several zones, including Moungoundi and Western Splay, where mineralization appears open along strike and at depth. All results will be included in the next resource update. Seabridge Gold (NYSE: SA) (TSX: SEA) has begun drilling at Snip North, a new copper-gold porphyry discovery at its Iskut Project in northwest British Columbia. 'Last year's discovery at Snip North has given us clear direction on where to focus to deliver new resources in this year's program,' said Rudi Fronk, Chairman and CEO of Seabridge Gold. 'We are also targeting the source intrusion for this prospective resource which we expect to be rooted in a district-scale structural trend, named the Bronson Trend.' The company plans to complete 8,000 metres of core drilling using three helicopter-portable rigs, targeting a maiden resource estimate and deeper source intrusions. Exploration will also assess other porphyry prospects within the district-scale Bronson Trend, where recent geophysics and mapping indicate multiple mineralized systems. The $13.4 million program builds on last year's success and reflects Seabridge's broader strategy to uncover large-scale porphyry systems beyond KSM. Article Source: CONTACT: USA NEWS GROUPinfo@ 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 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 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. Logo – View original content:
Cision Canada
06-06-2025
- Business
- Cision Canada
Analysts See 'Historic Dislocation' Between Gold Prices and Miner Valuations
Issued on behalf of RUA GOLD Inc. VANCOUVER, BC, June 6, 2025 /CNW/ -- USA News Group News Commentary – Gold mining stocks are still too cheap, according to analysts at JP Morgan. In their latest note, JP Morgan tentatively sees $4,100 per ounce gold prices for 2026, and based on that estimate foresees plenty of value in gold mining shares from larger producers all the way down the chain to small- and mid-cap companies. Analysts at Jefferies still think things are out of balance, pointing to a historic valuation gap, with many gold equities still priced as if bullion were stuck at $2,500 an ounce. As gold rises, other analysts are calling for a mining equities breakout, leading to extra attention on miners of all sizes, including RUA GOLD Inc. (TSXV: RUA) (OTCQB: NZAUF), Great Pacific Gold Corp. (TSXV: GPAC) (OTCQX: FSXLF), 1911 Gold Corporation (TSXV: AUMB) (OTCBB: AUMBF), Fortuna Mining Corp. (NYSE: FSM) (TSX: FVI), and Seabridge Gold (NYSE: SA) (TSX: SEA). According to analysts at Goldman Sachs, it's the central banks acting as a driving purchasing force behind the current record-breaking gold bull market, accumulating roughly 80 metric tons of gold a month worth ~$8.5 billion at current prices. With all the global uncertainty and turbulence, it's no surprise to analysts like George Milling-Stanley from State Street Global Advisors that gold will continue to make sense for investors for its attributes and potential. RUA GOLD Inc. (TSXV: RUA) (OTCQB: NZAUF) is advancing a portfolio of high-grade, district-scale gold projects in New Zealand—an emerging exploration hotspot with deep historical roots and modern infrastructure. The company recently announced new high-grade intercepts from its Cumberland project, including 1 metre at 26.9 g/t gold and another at 16.2 g/t, building on a previously returned 62.2 g/t gold, including a standout prior result of 1 metre at 1,911 g/t gold. These hits confirm the near-surface continuity of the Gallant vein system, which became RUA's first drill-tested target generated via VRIFY's AI-powered targeting platform. "From the very first drill holes, we intersected significant, wide quartz veins hosting high-grade gold, confirming historical intercepts," said Robert Eckford, CEO of RUA GOLD. "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.. It's a major step forward for our hub-and-spoke strategy in Reefton… The Gallant prospect represents the first VRIFY AI 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." Gallant sits just 3 km from the historic Globe Progress mine and features steeply dipping quartz veins up to 14 metres thick. Historic drill data from the area includes 20.7 metres of quartz with gold grades reaching 1,911 g/t near surface—highlighting the potential for a shallow, high-grade resource. RUA has now launched a follow-up program stepping 100 metres to the south, with assays pending. Beyond Gallant, RUA GOLD holds commanding control of the Reefton Goldfield, covering roughly 95% of a district that historically produced more than 2 million ounces of gold at grades between 9 and 50 g/t. The Auld Creek project continues to deliver encouraging results as well, with recent intercepts of 9.0 metres at 5.9 g/t gold equivalent and 1.25 metres at 48.3 g/t. Notably, only two of the four known mineralized shoots are currently included in the working model. Previous drilling has returned 12 metres at 12.2 g/t gold equivalent, including a 2-metre stretch at 54.8 g/t. Infographic - Auld Creek also hosts significant antimony mineralization—an increasingly strategic metal trading above US$50,000 per tonne. Surface samples have shown grades above 40% antimony, and drill holes have returned multiple intercepts over 8%. The New Zealand government's early 2025 declaration of antimony as a critical mineral further elevates the project's dual-metal value proposition. On the North Island, RUA GOLD is progressing its Glamorgan project in the Hauraki Goldfield, where a second surface campaign outlined three distinct gold-arsenic anomalies across a 4-kilometre corridor. Rock chip sampling returned up to 43 g/t gold, and CSAMT geophysical surveys identified resistive zones typical of quartz-rich vein systems. Drill access is in the final stages of approval, with targets prioritized through VRIFY's DORA AI engine. Backed by $5.75 million in capital and led by a leadership team with over $11 billion in past mining exits, RUA GOLD is aiming to uncover high-grade discoveries in underexplored terrain. With multiple active programs, AI-guided targeting, and a pipeline of assays and agreements on the horizon, the company is positioning itself as one of New Zealand's most advanced early-stage gold explorers heading into 2025. In other industry developments and happenings in the market include: Great Pacific Gold Corp. (TSXV: GPAC) (OTCQX: FSXLF) recently intersected 7.0 metres grading 10.3 g/t gold equivalent (including 2.0 metres at 14.3 g/t AuEq) at its Wild Dog project in Papua New Guinea. "The first drill results from our Phase 1 drill program at Wild Dog did not disappoint," said Greg McCunn, CEO of Great Pacific Gold. "We now have a drill rig on the ground, a highly experienced technical team, and the infrastructure support in place to explore the potential of this system." The intercept came from WDG-02, drilled beneath a historic pit, confirming the presence of high-grade sulphide mineralization near surface. The current 2,500-metre drill campaign spans 16 planned holes across a 3-kilometre segment of a 15-kilometre target zone. Assays are pending from WDG-03, and hole WDG-04 is now in progress. 1911 Gold Corporation (TSXV: AUMB) (OTCBB: AUMBF) continues to expand its San Antonio West target at the True North project, returning standout grades such as 1.0 metre at 62.40 g/t gold and 2.1 metres at 8.81 g/t. "These follow-up holes at the San Antonio West target show evidence of several shear structures and also higher grades as we extend drilling to depth," said Shaun Heinrichs, CEO and President of 1911 Gold. "The results continue to show another parallel ore shoot to the San Antonio Mine vein system, similar to what we are seeing on the San Antonio Southeast target." The zone, hosted within the historically productive San Antonio gabbro, now shows gold mineralization across three parallel vein systems traced over 500 metres laterally and 260 metres vertically. The program supports the presence of a new ore shoot west of the historic San Antonio Mine, bridging toward the Cartwright resource. With 39 holes drilled to date and a 30,000-metre campaign planned, the company is prioritizing underground access and resource expansion. Fortuna Mining Corp. (NYSE: FSM) (TSX: FVI) is advancing its Diamba Sud Project with fresh intercepts from the Southern Arc prospect, where drilling returned 13.6 meters at 8.6 g/t gold and 11.8 meters at 9.3 g/t. Infill drilling at nearby deposits also yielded high-grade intervals, such as 113.7 g/t gold over 6.4 meters at Area D and 28.8 meters at 3.0 g/t at Area A. "Our exploration work at Diamba Sud continues to yield strong results, particularly from areas with limited historical drilling," said Paul Weedon, Senior Vice President of Exploration at Fortuna Mining Corp."These results further reinforce the project's potential for near-term resource growth." Exploration remains active across several zones, including Moungoundi and Western Splay, where mineralization appears open along strike and at depth. All results will be included in the next resource update. Seabridge Gold (NYSE: SA) (TSX: SEA) has begun drilling at Snip North, a new copper-gold porphyry discovery at its Iskut Project in northwest British Columbia. "Last year's discovery at Snip North has given us clear direction on where to focus to deliver new resources in this year's program," said Rudi Fronk, Chairman and CEO of Seabridge Gold. "We are also targeting the source intrusion for this prospective resource which we expect to be rooted in a district-scale structural trend, named the Bronson Trend." The company plans to complete 8,000 metres of core drilling using three helicopter-portable rigs, targeting a maiden resource estimate and deeper source intrusions. Exploration will also assess other porphyry prospects within the district-scale Bronson Trend, where recent geophysics and mapping indicate multiple mineralized systems. The $13.4 million program builds on last year's success and reflects Seabridge's broader strategy to uncover large-scale porphyry systems beyond KSM. CONTACT: [email protected] (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 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 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.
Cision Canada
27-05-2025
- Business
- Cision Canada
As Gold Pushes Higher, Junior Miners Begin to Show Signs of Life
Issued on behalf of RUA GOLD Inc. VANCOUVER, BC, May 27, 2025 /CNW/ -- Equity Insider News Commentary – Gold's relentless climb—briefly topping $3,350 last week —has rekindled investor appetite across the mining sector, particularly among small-cap names long starved of attention. Safe-haven demand, rate cut expectations, and fresh volatility tied to US President Donald Trump's tariff warnings have sent bullion prices soaring, prompting Citi to raise its short-term gold target to $3,500. Bank of America followed by increasing its gold exposure in Q4, citing a bullish shift in underlying market conditions. As gold prices remain favourable, analysts are watching for breakout moments across the junior mining space, with RUA GOLD Inc. (TSXV: RUA) (OTCQB: NZAUF), Luca Mining Corp. (TSXV: LUCA) (OTCQX: LUCMF), Probe Gold Inc. (TSX: PRB) (OTCQB: PROBF), Dakota Gold Corp. (NYSE-American: DC), and Montage Gold Corp. (TSX: MAU) (OTCQX: MAUTF). Despite a 40% gain in the gold price since 2019, junior valuations remain deeply discounted—still hovering near pre-COVID levels. Analysts at Jefferies and InsideExploration note this disconnect, suggesting a re-rating could be overdue if current price strength persists. Veteran investor Rob McEwen and billionaire John Paulson both see $5,000 gold within reach, while JPMorgan recently projected a potential path to $6,000 if even a sliver of U.S.-held foreign assets are reallocated toward bullion. For investors scanning the horizon, catalysts are beginning to emerge. RUA GOLD Inc. (TSXV: RUA) (OTCQB: NZAUF) is a gold exploration company advancing district-scale opportunities in New Zealand—a country with a long legacy of high-grade gold production and renewed interest from global investors. Today, RUA reported high-grade intercepts from its Cumberland project, including 1 metre at 26.9 g/t gold and 1 metre at 16.2 g/t. These results confirm the continuity and near-surface nature of the Gallant vein system that previously returned 62.2 g/t gold —including a standout 1-metre interval grading 1,911 g/t—which stands as RUA's first drill-tested target generated through VRIFY's AI-assisted discovery platform. "From the very first drill holes, we intersected significant, wide quartz veins hosting high-grade gold, confirming historical intercepts," said Robert Eckford, CEO of RUA GOLD. "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.. It's a major step forward for our hub-and-spoke strategy in Reefton… The Gallant prospect represents the first VRIFY AI 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." Located just 3 km from the past-producing Globe Progress mine, Gallant hosts steeply dipping quartz veins up to 14 metres wide and remains open along strike and at depth. Historic drilling in the area returned standout intercepts like 20.7 metres of quartz, with intervals grading up to 1,911 g/t gold at depths less than 80 metres —suggesting the potential for a shallow, high-grade resource in a district with strong infrastructure. A follow-up program is now underway, stepping 100 metres south, with additional assays pending. RUA controls roughly 95% of the Reefton Goldfield, which has historically yielded over 2 million ounces at grades ranging from 9 to 50 g/t. At its Auld Creek project, recent drilling returned 9.0 metres at 5.9 g/t gold equivalent and 1.25 metres at 48.3 g/t. Importantly, only two of four known shoots are currently included in the model. Earlier hits include 12 metres at 12.2 g/t gold equivalent, including a 2-metre stretch grading 54.8 g/t. Infographic - Adding further strategic value, Auld Creek contains high-grade antimony—a critical mineral now trading above US$50,000 per tonne. Surface samples have exceeded 40% antimony, with multiple drill intercepts over 8%. In early 2025, the New Zealand government designated antimony as a national priority, heightening the potential relevance of RUA's dual metal profile. In the Hauraki Goldfield on the North Island, RUA recently completed its second surface campaign at the Glamorgan project, identifying three gold-arsenic anomalies across a 4-kilometre trend. Rock chip samples returned grades up to 43 g/t gold, while CSAMT geophysics confirmed resistive zones consistent with quartz-rich vein systems. A drill access agreement is expected shortly, and all targets are being ranked using VRIFY's DORA AI engine. RUA GOLD is led by a team with over $11 billion in collective mining exits, and backed by $5.75 million in fresh capital. Their strategy targets undervalued, high-grade potential in proven jurisdictions—using modern data to accelerate discovery across two of New Zealand's most historically productive, but underexplored, gold belts. With multiple drill programs active and catalysts expected in 2025, RUA offers significant leverage to continued exploration success. In other industry developments and happenings in the market include: Luca Mining Corp. (TSXV: LUCA) (OTCQX: LUCMF) has discovered multiple new high-grade ore shoots at its Tahuehueto gold-silver mine in Durango, Mexico. Highlights include 9.4 metres grading 5.21 g/t gold equivalent and 5.1 metres at 5.62 g/t AuEq, with one interval peaking at 9.37 g/t AuEq. "The discovery of multiple new high-grade ore shoots so quickly into this new exploration program confirms the robust nature of the Tahuehueto epithermal vein system," said Paul D. Gray, VP Exploration of Luca Mining. "The fact that the current drilling program has consistently intersected well-mineralized veins in previously untested areas also confirms the Company's exploration approach and moreover speaks to the larger potential of the Tahuehueto mineralized system." These discoveries sit near current mine workings and point to immediate upside for near- and mid-term production plans. Probe Gold Inc. (TSX: PRB) (OTCQB: PROBF) has awarded its Environmental Impact Assessment contract to WSP, a global leader in permitting, as it advances the Novador Project in Québec toward production. "This milestone marks another key step forward in the permitting process and continued de-risking of the Novador Project," said David Palmer, President and CEO of Probe Gold. "Partnering with WSP, a recognized leader in Environmental Impact Statements, gives us confidence in the quality and scope of the work, which will help us to meet our permitting timeline of 2027." The EIA/EIS will address environmental, hydrological, and biodiversity factors, forming the foundation of both federal and provincial approvals. Submission is expected by early 2027, aligning with the company's timeline to advance Novador toward construction readiness. With over 10 million ounces of total gold resources across the Val-d'Or properties, Probe is positioned as a leading district-scale developer in one of Canada's most prolific mining camps. Dakota Gold Corp. (NYSE-American: DC) is advancing its Richmond Hill Project in South Dakota with an 80,000-foot drill campaign focused on metallurgical sampling and resource expansion ahead of an Initial Assessment with Cash Flow (IACF) expected mid-2025. " Dakota Gold continues to advance its Richmond Hill and Maitland projects," said Dr. Robert Quartermain, Co-Chair, Director, President and CEO of Dakota Gold. "With our March financing, we are well funded for our planned activities in 2025 and well into 2026." A feasibility study is scheduled for 2027, with $47 million in cash earmarked to fully fund both stages. At Maitland, the company is also preparing a maiden resource estimate after intercepting grades as high as 10.76 g/t gold over 4.0 meters. Montage Gold Corp. (TSX: MAU) (OTCQX: MAUTF) is deepening its presence along West Africa's Boundiali belt through a strategic equity investment in Aurum Resources, which owns the Boundiali and Napié gold projects. "We are pleased to enter into a strategic partnership with Aurum, further strengthening our presence along the Boundiali greenstone belt in Côte d'Ivoire," said Martino De Ciccio, CEO of Montage. "As construction at Koné continues to rapidly advance on budget with first gold pour well on track for Q2-2027, we remain focused on executing our strategy of creating a leading African gold producer." Located immediately north of Montage's Koné project, Boundiali is already host to 1.59Moz at 1.0 g/t gold, with aggressive drilling and a PFS underway. Montage's own Koné project remains on track for first gold pour in Q2 2027 and is expected to average over 300,000 ounces per year in its first eight years. The new collaboration provides exploration synergies and shared upside across one of West Africa's most prospective gold corridors. CONTACT: Equity Insider [email protected] (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. Equity Insider is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is being distributed for 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 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.
