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Rua Gold ( (TSE:RUA) ) has provided an announcement.
Rua Gold Inc. has reported significant findings from its drilling campaign at the Reefton Project in New Zealand, where visible gold and antimony have been intersected at the Murray Creek site. The results demonstrate a vertical continuity of high-grade gold mineralization, with assays showing gold ranging from 11.1 to 34.1 g/t and antimony potential with 1.35% stibnite recorded. The introduction of Devico Navi-drilling is enhancing the precision and cost-effectiveness of resource definition. These promising outcomes suggest potential for early development opportunities and strengthen Rua Gold’s position in the gold mining industry.
More about Rua Gold
Rua Gold Inc. operates in the mining industry, focusing on the exploration and development of gold and other mineral resources. The company is actively engaged in drilling campaigns in the Reefton Goldfield on the South Island of New Zealand, with a market focus on high-grade gold and antimony mineralization.
YTD Price Performance: 15.18%
Average Trading Volume: 35,165
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $21.21M
For an in-depth examination of RUA stock, go to TipRanks’ Stock Analysis page.
