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RUA GOLD recently shared drilling from its Pactolus system discovery in New Zealand's historic Reefton Goldfield, including 2m @ 5.13g/t Au. + RUA is set to start a near-mine drilling program. Details⬇️
https://ruagold.com/rua-gold-provides-an-update-on-the-reefton-drilling-program-and-the-next-phase-of-drill-targets/
New Zealand's new legislation aims to boost mining by streamlining approvals. RUA.c explores NZ's historic Hauraki & Reefton Gold districts. In Hauraki RUA's Glamorgan property neighbours OGC’s Wharekirauponga project which has an indicated resource of 1Moz @ 15.9 g/t gold. More on NZ mining & RUA⬇️
https://www.reddit.com/r/pennystocks/comments/1ci0kyr/new_legislation_sparks_mining_renaissance_in_new/
New New Zealand mining legislation speeds up project approvals, great for explorers like RUA GOLD (RUA.c/NZAUF) who controls the Glamorgan Project, next to OceanaGold’s Wharekirauponga project (Indicated resource = 1Moz @ 15.9 g/t gold) and six 100% owned projects in Reefton's historic goldfield
https://www.northernminer.com/joint-venture-article/jv-article-new-legislation-to-turbo-charge-mining-in-new-zealand-resource-minister/1003866782/
Intriguing post on the gold market, "New Zealand's Golden Opportuntity" and Federation Mining & Oceana's $75M Deal - highlights their newly public neighbour, RUAGold (RUA.c) too: https://new.reddit.com/r/PennyStocksCanada/comments/1ch3ykm/new_zealands_golden_opportunity_federation_mining/
RUA.c aims to revive NZ's Reefton Goldfield, focusing on historic mine areas & a new system where drilling returned 5.13g/t Au over 2m. RUA's upcoming near-mine drill program will target 5 sites in Reefton's Murray Creek historic district, where recent surface rock chip samples returned 56.2 g/t Au.
https://new.reddit.com/r/TSXPennyStocks/comments/1ce0fvu/exploring_historic_mine_areas_and_the_newly/
+ RUA's neighbour is getting $75M to purchase a property and develop it with a mine & processing facility.
Things are heating up in New Zealand for #Gold & mining! Eyes on $RUA.c 👀
— Airic (@airic101) April 29, 2024
Federation Mining's 'Snowy River Mine' will received a large injection of cash - $75M AUD to "facilitate the payment to OceanaGold $OGC for the purchase of the mine asset, continued development of the… pic.twitter.com/x6x6s4vCp4
RUA shares new results and drilling plans for its project's in New Zealand's historic Reefton Goldfield⬇️
https://ruagold.com/rua-gold-provides-an-update-on-the-reefton-drilling-program-and-the-next-phase-of-drill-targets/
Drilling assays @ RUA's newly discovered Pactolus system include 2m @ 5.13g/t Au
+ RUA GOLD is set to start a near-mine drilling program, starting with 5 targets in Reefton's Murray Creek historic district. Recent surface rock chip samples from one of these targets include 56.2 g/t Au
RUA.c has ID'ed the Pactolus vein in New Zealand's Reefton Goldfield which shows substantial mineralization. Drill assays from the vein include 2m @ 5.13g/t Au, 2m @ 3.61g/t Au. Surface trenching assays include 5m @ 12.2 g/t Au. With this, RUA is preparing for a 2,500m drill program. Full DD here⬇️
https://www.reddit.com/r/Canadapennystocks/comments/1cccm30/rua_gold_ruac_unveils_promising_developments_in/
Drilling at RUA.c's Pactolus system in Reefton has yielded 2m at 5.13 g/t gold and surface trenching revealed 5m at 12.2 g/t Au. + $RUA is rolling out a 2,500m a comprehensive drilling campaign to leverage the geological potential of the Reefton Gold district.
https://ruagold.com/rua-gold-provides-an-update-on-the-reefton-drilling-program-and-the-next-phase-of-drill-targets/
New Zealand is accelerating its pro-mining legislation, good news for explorers like RUA Gold (RUA.c NZAUF) which is focused on NZ's Reefton & Hauraki gold districts. W/ its $7.5M cash position, RUA's '24 plans include 2,500m of drilling, 3D modeling, mapping & soil sampling @ Reefton. Ful DD here:
https://www.reddit.com/r/PennyStocksCanada/comments/1canplp/we_are_turbocharging_the_legislation_new_zealands/
New Zealand's Minister of Resources, Shane Jones on how the gov't is supporting the mining industry⬇️
https://www.iheart.com/podcast/1049-the-country-28628176/episode/the-country-full-show-thursday-march-156818069/
Must-watch video for anyone interested in gold - as New Zealand's Minister for Mining is on a mission to transform New Zealand a mining powerhouse, this newly public gold junior provides an enticing opportunity to capitalize on two untapped resources in New Zealand's premier gold districts:
RUA Gold (RUA.c NZAUF) is exploring the Reefton Goldfield in NZ which has historically produced 2M oz of gold @ 24.4g/t. RUA has drilled 26 drill holes in the 56k hectares it controls in Reefton & plans to drill 2,500m more this year. Cash position = $7.5M cash. Mcap = <$34M. Full DD here⬇️
https://www.reddit.com/r/PennyQueen/comments/1c5w97u/unveiling_rua_golds_exploration_ventures_in_new/
RUA is exploring NZ's Reefton Goldfield where >2M oz #Au were historically produced.
Drilling is already ongoing at the Pactolus Vein, alongside 3D modeling of additional targets, continued soil sampling & geological mapping.
https://ruagold.com/rua-gold-provides-an-update-on-the-2024-exploration-program-for-its-new-zealand-gold-projects/
Forbes emphasizes the importance of junior mining companies while RUAGold (RUA.c) stands out with $7.5M in cash, a $39M Mcap & 2,500m of drilling planned this year at their Reefton Gold Project. Notably, the larger Reefton Mining district is estimated to have produced over 3Moz of gold.
https://www.reddit.com/r/Wallstreetbetsnew/comments/1c07j9y/thoughts_from_forbes_on_junior_mining_rua_golds/
Forbes emphasizes the importance of junior mining companies in driving innovation and advancing resource development within the industry.
https://www.forbes.com/sites/greatspeculations/2023/07/14/why-junior-mining-companies-matter/?sh=615d30254420
Gold junior RUA.c focuses its efforts on gold exploration in New Zealand's historically productive Reefton and Hauraki regions. With a cash position of $7.5 million allocated for exploration in 2024, RUA presents an attractive investment opportunity amidst the bullish gold market.
https://ruagold.com/rua-gold-provides-an-update-on-the-2024-exploration-program-for-its-new-zealand-gold-projects/
Highlighted in ResourceTalk's latest CEO BBQ starting at 1:54:52, RUAGold (RUA.c) provides the ability to capitalize on the potential upside of discovering untapped gold reserves in New Zealand, as detailed by RUA's CEO Simon Henderson:
Amid gold hitting all time highs once again, undervalued junior gold miners are nearing a price correction & one new company that just came onto my radar is RUAGold (RUA.c) - with ongoing drilling in New Zealand's Reefton district, RUA is a brand-new, de-risked and high-grade gold explorer in New Zealand with $7.5M in cash and 3 years of private exploration under its belt before going public: https://www.reddit.com/r/Baystreetbets/comments/1bhwdew/how_to_position_yourself_for_the_precious_metals/
The post below highlights recent reports on gold's appeal amid economic uncertainty & RUA.c's exploration in NZ's gold-rich districts. In the Hauraki district, RUA's Glamorgan project is close to OceanaGold's advanced high-grade project. W/ $7.5M cash, RUA is set to do drilling & 3D modeling.
https://www.reddit.com/r/smallstreetbets/comments/1btfkq6/ruagold_ruac_unearthing_new_zealands_gold/
KMMIF changed to NZAUF:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
RUA holds considerable assets in NZ's Reefton Goldfield which has produced over 3M oz of gold. Led by seasoned management, boasting $7.5M cash, and significant insider ownership, RUAGold's poised for success amidst a bullish gold market. Currently it is trading up 10% on healthy volume
Lots of info on them in this post⬇️
https://www.reddit.com/r/Wallstreetbetsnew/comments/1bnsjfz/strategic_positioning_for_gold_exploration/
As highlighted by Forbes junior mining companies are crucial for industry innovation and resource development.
https://www.forbes.com/sites/greatspeculations/2023/07/14/why-junior-mining-companies-matter/?sh=615d30254420
Within this sector, RUA.c targets gold in NZ's historically gold-rich Reefton & Hauraki areas. With a $7.5M cash position for 2024 exploration, RUA offers investment potential amid the gold bull market.
https://ruagold.com/rua-gold-provides-an-update-on-the-2024-exploration-program-for-its-new-zealand-gold-projects/
Seems this new, de-risked and high-grade gold explorer boasting a robust portfolio of projects in two premier gold districts in New Zealand has gained some solid attention already as they're up 16% with 20x the average volume for today… : https://www.reddit.com/r/Baystreetbets/comments/1bhwdew/how_to_position_yourself_for_the_precious_metals/
New on my Radar - RUAGold (RUA.c), a brand-new, de-risked and high-grade gold explorer in New Zealand with $7.5M in cash and 3 years of private exploration under its belt before going public: https://www.reddit.com/r/Baystreetbets/comments/1bhwdew/how_to_position_yourself_for_the_precious_metals/
For further information: RUA GOLD Contact: Robert Eckford, Director, Tel: +1 604 655 7354, Email: reckford@RUAGOLD.com, Website: www.RUAGOLD.com
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