Rua Gold Discovers High-Grade Gold and Antimony in New Zealand's Reefton Project

Rua Gold has reported high-grade gold and antimony findings at the Reefton Project in New Zealand. The drilling campaign intersected visible gold and antimony with assays showing gold ranging from 11.1 to 34.1 g/t and antimony potential. The results suggest early development opportunities and strengthen Rua Gold's position in the gold mining industry.

Rua Gold Inc. (TSXV: RUA) (OTCQB: NZAUF) (WKN: A40QYC), a Vancouver-based gold mining company, has reported promising results from its ongoing drilling campaign at the Reefton Project in New Zealand [1]. The exploration efforts have yielded high-grade gold and antimony findings, strengthening Rua Gold's position in the gold mining industry.

The drilling campaign, which includes three holes in Murray Creek, has demonstrated vertical continuity of the historical Victoria lode, with visible gold detected in all three holes [1]. The assays from Murray Creek range from 11.1 to 34.1 g/t gold, and 1.35% Sb (stibnite), indicating the potential for significant gold and antimony resources [1].

Robert Eckford, CEO of Rua Gold, expressed his excitement about the findings, stating, "It is very encouraging to be intercepting gold on the majority of our targets in the Reefton Goldfield. Murray Creek has delivered vertical continuity and visible gold on every hole, and even more exciting, as we start seeing visible antimony on this target" [1].

The introduction of Devico Navi-drilling has provided benefits of accuracy and economy in the resource definition stage, allowing Rua Gold to build structure with its 20m spaced drill program [1]. Additionally, the company has reported gold results in four of the six drill holes at Capleston, with the northern-most intercept averaging 4.8g/t Au over 3.3m [1].

The high-grade gold and antimony findings at the Reefton Project suggest early development opportunities for Rua Gold. The company's continued exploration efforts are expected to provide further insights into the potential resources and their economic viability.

References:
[1] Rua Gold. (2025, January 20). Rua Gold Intersects Visible Gold and Antimony and Confirms Continuity of High-Grade Gold Mineralization at Reefton Project, New Zealand. Stockhouse. Retrieved from https://stockhouse.com/news/press-releases/2025/01/20/rua-gold-intersects-visible-gold-and-antimony-and-confirms-continuity-of-high