Production / Operations
Ellis Martin Report: RUA Gold Inc (NZAUF) CEO Robert Eckford Discusses the Auld Creek Gold-Antimony Project in New Zealand's Historic Reefton Goldfield
Rua Gold PEA Validates Economics But Funding Gap Looms Over 2028 Production Target

Executive Summary
- The most recent release (May 13, 2026) is a media interview on The Ellis Martin Report featuring CEO Robert Eckford.
- Discussion centers on the recently released Preliminary Economic Assessment (PEA) for the Auld Creek Gold-Antimony Project.
- Highlights include aggressive drilling programs and positioning antimony as a critical mineral supply source for Western markets outside China.
- Production pathway is targeted for 2028.
- No new financial data, drill results, or permitting milestones were disclosed in this specific interview compared to the May 5/6 PEA release.
Material Impact
- The news is a follow-up to the material positive PEA released on May 5 and 6, 2026.
- As the core economic data (NPV $42M base case, IRR 17%) was already public, this interview adds no new market-moving information.
- The stock price has declined from a March high of $1.75 to current levels around $1.31, suggesting the market may have priced in the PEA optimism but is concerned about execution risks (specifically funding).
- Classification as Routine - Positive reflects that while sentiment remains constructive, the lack of new catalysts limits immediate upside potential relative to the previous month's major announcement.
RUA · Price
Company Overview
- Company: RUA Gold Inc. (TSX: RUA / NZX: RUA / OTCQX: NZAUF).
- Flagship Project: Auld Creek Gold-Antimony Project in the Reefton Goldfield, New Zealand's South Island.
- Project Status: Advanced exploration/development stage; PEA completed; Fast-Track permitting application submitted April 2026.
- Key Asset Features: Dual-metal production (Gold and Antimony), cyanide-free flotation process, underground mining method.
- Secondary Project: Glamorgan Project on North Island, adjacent to OceanaGold's Wharekirauponga project.
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Jun 25, 2026 · 09:44