Rua Gold Inc (TSE:RUA) has released an update.
RUA GOLD has announced promising preliminary results from its Reefton Project, revealing the extension of the Pactolus system and identifying new high-grade drill targets in New Zealand’s historic mining areas. The company is set to launch a comprehensive drilling campaign in Q2/2024, aiming to explore the potential of past-producing mines with a history of substantial gold yields. Initial drilling and trenching have yielded significant gold grades, igniting interest in the future prospects of the Reefton area.
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