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REPEAT - Gold and Antimony in One Permit: Rua Gold's Positive PEA Lands in a Fast-Track Jurisdiction

Rua Gold advances its Auld Creek gold-antimony project in New Zealand following a positive preliminary economic assessment and fast-track permitting.

By The Northwire Desk — AI Analysis Jun 08, 2026 · 09:15 RUA · 1.14 Rua Gold Inc.
Executive Summary
  • The most recent release (June 8, 2026) is a repeat/update of the Preliminary Economic Assessment (PEA) for the Auld Creek Gold-Antimony Project, originally announced on May 5, 2026.
  • The PEA outlines a 5.5-year underground operation processing 250,000 tonnes per year, producing separate gold and antimony concentrates.
  • Economics: After-tax NPV5% of ~US$42 million at base-case prices ($3,300/oz Au, $27,000/t Sb) and ~US$113 million at spot gold prices ($4,700/oz Au).
  • Production: ~27,000 gold-equivalent ounces annually, with 95% gold and 85% antimony recovery on a no-cyanide flowsheet.
  • Permitting: A Fast-Track Referral application was filed on April 20, 2026, under New Zealand's accelerated regime. Full permitting is targeted for Q2 2027.
  • Drilling: A 19,000-metre infill and step-out program is underway to convert Inferred resources to Indicated/Measured and extend mineralization.
  • Timeline: PFS targeted for Q4 2026, with production targeted for 2028.
Material Impact
  • The news is a routine follow-up to the May 5 PEA. The core economic metrics, mine plan, and permitting status remain unchanged.
  • The Fast-Track Referral filing in April 2026 was already disclosed in prior updates. The June 8 release reiterates the positive PEA and drilling progress.
  • No new material financial or operational surprises are introduced. The market had already priced in the PEA and permitting progress.
  • The dual-metal exposure to gold and structurally short antimony supply remains a key strategic theme, but this is consistent with previous guidance.
  • Impact is incremental and expected, aligning with the company's stated development roadmap.
RUA · Price
Company Overview
  • Rua Gold Inc. is a Canadian-listed mining company focused on advancing high-grade gold and antimony projects in New Zealand.
  • Flagship Project: Auld Creek Gold-Antimony Project in the historic Reefton Goldfield (South Island).
  • The project features a dual-metal production model (gold and antimony) utilizing a simple, cyanide-free flotation process.
  • The company also holds the Glamorgan Project on the North Island, targeting gold-arsenic anomalies.
  • Management has a track record of prior exits totaling ~US$11 billion.
Read the original news release →

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Jun 25, 2026 · 09:44

Ellis Martin Report: RUA Gold (NZAUF) CEO: Gold, Antimony, Fast-Track Permitting and 2028 Production Target

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RUA GOLD Files the Preliminary Economic Assessment for the Auld Creek Project

Technical Study Jun 18, 2026 · 08:47

Rua Gold has drilled ahead of schedule at its Auld Creek project, with a fast-track permit decision expected in July.

Drill Results Jun 18, 2026 · 07:01

RUA GOLD Reports Strong Drill Results and Advances Pre-Feasibility Study at the Auld Creek Gold-Antimony Project

Technical Study Jun 05, 2026 · 12:07

Rua Gold’s follow-up to its preliminary economic assessment highlights fast-track permitting for its project while the stock drifts as the market digests base-case economics.

Technical Study Jun 01, 2026 · 06:08

RUA Gold Advances Auld Creek PEA and Fast-Track Permitting Amid Surging Antimony Demand

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