Rua Gold (TSE:RUA) has released an update.
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Rua Gold Inc. has announced the acquisition of Reefton Resources Pty Limited, significantly expanding its hold as the major landholder in New Zealand’s Reefton Goldfield, a high-grade gold district. This strategic move, which grows the company’s regional tenements to about 120,000 hectares, promises to position Rua Gold as a key player in gold exploration with potential benefits including operational efficiencies and support in New Zealand’s pro-mining initiatives.
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