Drill Results
RUA GOLD Reports High-Grade Gold Results from Supreme and Caledonian in the Reefton Goldfield, New Zealand
Exploration upside

Executive Summary
- On April 7 2026 Rua Gold reported step‑out drilling results at the Supreme and Caledonian zones of the Reefton Goldfield, New Zealand.
- Supreme: new holes extended the known strike length to ~400 m and depth to ~230 m; highlighted intercept SPDDH003 returned 0.9 m @ 26.9 g/t Au (second‑highest ever at the prospect). The existing NI 43‑101 inferred resource for Supreme remains 1.46 Mt @ 1.96 g/t Au (92 koz Au) and does not yet incorporate these results, indicating clear upside.
- Caledonian: a 1,579 m drilling program intersected several significant intervals, including CLDDH005 – 4.0 m @ 6.9 g/t Au (with a 1 m @ 11.5 g/t Au high‑grade zone), demonstrating continuity of mineralisation beneath historic mine workings and supporting further resource growth.
- Both targets show quartz‑vein/reef structures with arsenopyrite and sulphide mineralisation, suggesting coherent hydrothermal systems open to the north, along strike and at depth.
- The company plans additional step‑outs to test northern, strike‑wise and deeper extensions at Supreme and will reassess Caledonian after integrating new structural data into a 3‑D model.
Material Impact
- The news provides genuinely new, high‑grade intercepts that expand the known mineralised envelope beyond the current NI 43‑101 resource base.
- While the formal resource estimate has not yet been updated, the disclosed extensions (strike to 400 m, depth to ~230 m) and multiple bonanza‑grade shots imply a potential increase of several hundred thousand ounces of gold‑equivalent if confirmed.
- This upside is material relative to the company’s current market cap (~CAD 116 M) and modest existing resource (92 koz Au), representing a significant positive shift in valuation prospects.
- The results are consistent with the company’s stated exploration strategy and follow a series of funded drill programs, but the grade and scale of the new intercepts exceed typical incremental updates, qualifying as a material positive development.
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Company Overview
- Rua Gold Inc. is a Canadian‑listed explorer focused on gold‑antimony projects in New Zealand’s historic Reefton Goldfield (South Island) and the Glamorgan Project (North Island).
- Flagship asset: Reefton Goldfield – encompasses the Auld Creek, Supreme, Caledonian, Fraternal and other prospects. The district historically produced >2 Moz Au at ~9‑15 g/t.
- Recent work has outlined a clear development pathway: expand resources via drilling, complete a PEA on Auld Creek (gold‑antimony) in H1 2026, pursue a Fast‑Track2 mining permit referral, and advance toward production.
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Jun 25, 2026 · 09:44