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An announcement from Rua Gold ( (TSE:RUA) ) is now available.
Rua Gold Inc. has announced the discovery of two major gold-bearing structures on its Glamorgan project in New Zealand. This development, following the first phase of surface exploration, has resulted in the tripling of its land package. The findings suggest a substantial epithermal gold system, enhancing the company’s exploration potential and positioning it strategically near existing major gold deposits. The commencement of CSAMT ground geophysics and plans for targeted diamond drilling underscore the project’s significance and potential impact on Rua Gold’s operations.
More about Rua Gold
Rua Gold Inc. operates within the mining industry, focusing on the exploration and development of gold deposits. The company is actively pursuing projects on the North Island of New Zealand, with a strategic interest in expanding its land holdings adjacent to significant gold deposits.
YTD Price Performance: 0.0%
Average Trading Volume: 26,921
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $20.68M
See more data about RUA stock on TipRanks’ Stock Analysis page.