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Rua Gold Inc V.RUA

Alternate Symbol(s):  NZAUF

Rua Gold Inc., formerly First Uranium Resources Ltd., is a Canada-based mineral exploration company. The Company is focused on gold exploration and discovery in New Zealand’s historic gold mining districts. The Company projects include Reefton Goldfield and Glamorgan Project. The Reefton Goldfield Project is located in the Buller Province of the South Island, New Zealand. The Project includes six main targets, which include Northern Area, Capleston Area, Murray Creek Area, Ajax Area, Crushington Area and Southern Area. The Reefton Goldfield has high-grade, structurally controlled ore shoots typical of orogenic gold deposits. The Glamorgan Project 3.8 kilometer (km) long zone with classic surface features of an epithermal gold-silver system. The 4,644-hectare Glamorgan Project includes the prospective Wires Ridge among several targets. The Company, through its wholly owned subsidiary, Reefton Gold Limited, owns the Reefton project.


TSXV:RUA - Post by User

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Post by doubleprimeon Jun 01, 2024 1:04pm
208 Views
Post# 36067608

NZ Resource Minister Bullish Reefton

NZ Resource Minister Bullish ReeftonI noticed that the New Zealand Resources Minister put out a draft plan for the minerals sector to 2040. Key to this was expanding known sectors (specically flagging Gold and Coal) and Reefton is also given a mention. Who is the largest tenement holder in Reefton? Rua Gold.

There is plenty to like about this stock and I think we are heading up to 30c very quickly if we keep getting good results in Reefton.
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