Rua Gold Inc (NZAUF)

[StockInfo11]

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 👀

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

— Airic (@airic101) April 29, 2024