Rua Gold ( (TSE:RUA) ) has shared an update.
Rua Gold Inc. has reported significant assay results from its Auld Creek project in New Zealand, highlighting strong antimony grades from recent drilling. The drilling has confirmed higher grade antimony mineralization within a broader gold halo, with the resource remaining open to the south and at depth. The company is intensifying surface exploration to target extensions of the resource, aiming to expand its gold and antimony inventory amidst high spot prices for both commodities. This development strengthens Rua Gold’s position as a holder of New Zealand’s largest antimony resource and supports its commitment to shareholders.
More about Rua Gold
Rua Gold Inc. operates in the mining industry, focusing on the exploration and development of gold and antimony resources. The company is actively engaged in projects within the Reefton Goldfield on the South Island of New Zealand, aiming to expand its inventory of gold ounces and antimony tonnes.
YTD Price Performance: 12.30%
Average Trading Volume: 17,736
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $21.14M
Find detailed analytics on RUA stock on TipRanks’ Stock Analysis page.