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Rua Gold Initiates Drilling at Cumberland Gold Camp

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Rua Gold Initiates Drilling at Cumberland Gold Camp

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Rua Gold ( (TSE:RUA) ) just unveiled an announcement.

Rua Gold Inc. has commenced drilling at the Cumberland gold camp in the Reefton Goldfield, leveraging the VRIFY AI targeting process to enhance exploration efforts. This initiative targets high-grade historical intercepts, aiming to define the structure of the Gallant lode and systematically explore the Cumberland gold camp, which includes seven historic mines. The drilling program is expected to provide insights into the gold mineralization and potentially boost the company’s exploration and development prospects in the region.

More about Rua Gold

Rua Gold Inc. operates in the mining industry, focusing on gold exploration and production. The company is engaged in the exploration of gold and antimony in the Reefton Goldfield, located on the South Island of New Zealand.

YTD Price Performance: 19.74%

Average Trading Volume: 10,191

Technical Sentiment Signal: Strong Buy

Current Market Cap: $27.3M

See more data about RUA stock on TipRanks’ Stock Analysis page.

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