Rua Gold (TSE:RUA) has released an update.
RUA GOLD Inc. has secured a five-year extension for its permit and land access for the Reefton Project, enabling an ambitious drilling campaign at 37 sites across historic mining districts in New Zealand. The initial phase includes targeting the high-potential Murray Creek area, where drilling will explore the extension of the historic high-grade Victoria Lode. This strategic move aims to capitalize on the region’s proven historical yields and depth of mineralization, reflecting the company’s commitment to advancing its gold exploration endeavors.
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