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High-grade orogenic and epithermal gold targets with historical production grades of 16-50g/t Au
Historical mining area in a very safe jurisdiction and pro-mining Government.
New Zealand has a long history of high grade Gold discoveries.
A world class team with working knowledge of the area and funding secured.
Historical mines were limited by the technology of the time, major potential to expand along strike and at depth.
Permits and title work are secured, ready to start drilling.
RUA GOLD is a minerals company at the forefront of the mining industry, specializing in gold exploration and discovery. With permits which have rich history dating back to the gold rush era, RUA GOLD has successfully combined traditional prospecting practices with modern technologies to uncover and capitalize on valuable gold deposits.
Our commitment to responsible and sustainable exploration is evident in our professional planning and execution, ensuring minimal environmental impact. RUA GOLD has a highly skilled team of New Zealand professionals who possess extensive knowledge and experience in geology, geochemistry, and geophysical exploration technology.
Glamorgan Property
High-grade epithermal gold province
Total district production >15Moz gold and >60Moz silver
2.8km north of Wharekirauponga Discovery >0.64Moz @ 13.5g/t Au (Ind) and 0.7Moz @ 9.4g/t Au (Inf) (OceanaGold R & R Annual Statement, March 31, 2022)
Untested 3.8km long zone of silicification, veining and alteration with rock samples of 95g/t gold
Major Title Holder
High-grade orogenic gold
District production of over 2Moz at grades ranging from 9 – 49 g/t Au
3 permits covering ~50% of historical district
Reefton district shares the exact same geological features as Fosterville
Recent discovery at Pactolus vein with 16.4g/t gold over 7m in surface channel sampling
High-grade gold district with historical production of over 2Moz @ 24.5g/t Au
Reefton has high-grade, structurally controlled ore shoots typical of orogenic gold deposits, analogous to Kirkland Lakes’ Fosterville gold deposit, Bendigo Australia.
Discovered high-grade Pactolus vein; drilling shows significant intercepts
Property is located 2.8km away from OceanaGold’s recent discovery with the with the same striking epithermal features
A 3.8km long zone with classic surface features of a major epithermal gold-silver system
Rock samples taken in December 2023 on surface show up to 95g/t gold
Capleston is home to the Pactolus Vein, which has visible gold from channel sampling at surface
16.4g/t Au over 7m incl. 2 intervals of >1oz/t Au over 1m
Well Funded
Shares out at closing: 193.5M
Market cap: C$35 M (C$30M EV)
*As at March 31, 2024
No Data Found
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