Northwire Canada EditionMonday, July 13, 2026
Northwire
GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Drill Results Routine +

TRU Precious Metals' 2026 Field Works Program Gets Underway at Golden Rose

TRU · Price

Executive Summary

  • TRU Precious Metals Corp. has commenced its 2026 field works program at the Golden Rose Project in Central Newfoundland, following a minor seasonal delay due to late snowmelt.
  • The initial phase will prioritize targeted field traversing and trenching along step-out extensions of the 2025-discovered mineralized trend at the Falls Zone, with follow-up drilling scheduled for the second half of the season.
  • Management's strategy focuses on evaluating the full gold and copper potential across multiple priority areas to identify several mineralized zones capable of reaching economic scale.

Key Details

  • Project Location: Golden Rose Project, Central Newfoundland, strategically located along the gold deposit-bearing Cape Ray - Valentine Lake Shear Zones, directly adjacent to Equinox Gold Corp.'s Valentine Mine.
  • Program Structure: Efficient, staged, and targeted follow-up to the successful 2025 field program.
  • Initial Activities: Detailed field traversing followed by a targeted trenching program to support and guide upcoming drilling.
  • Drilling Timeline: Drilling is scheduled to commence in the second half of the 2026 field season.
  • Primary Targets: Step-out strike extensions to the newly identified mineralized trend at the Falls Zone (within the Jacob's to Rose Gold corridor), alongside other priority targets identified in 2025.
  • Exploration Strategy: Broad prospectivity evaluation across multiple areas rather than focusing solely on known occurrences, aiming to discover full gold and copper potential and multiple economic-scale zones.
  • Land Package: 297.50 km² regional-scale property straddling a 45 km strike length along the proven gold-bearing trend (includes a 33.25 km² package of claims with a 51% interest).
  • Earn-In Agreement: Project subject to an earn-in agreement with Eldorado Gold Corporation, granting Eldorado the option to fund CAD 15.25M in cash payments and exploration expenditures over 5 years to earn an 80% interest.
  • Strategic Ownership: Approximately 36% owned by European strategic investor Ormonde Mining plc.
  • Funding & Support: Acknowledges financial support from the Government of Newfoundland and Labrador (Junior Exploration Assistance Program) and the Federal Government (critical mineral assistance funding).

Notable Quotes

  • Steve Nicol, CEO: "A later end to the snow melt resulted in a minor delay to the start of the 2026 field season however, the TRU team is now in the field with an aggressive works schedule and program aimed at catching up from the earlier delay. The Company's focus is to efficiently discover the full gold and copper potential across the entire Golden Rose Property aiming to identify multiple mineralised zones leading to economic scale. The 2026 field program remains true to that focus in that it will examine prospectivity across several different areas rather than focussing only upon already identified mineralised occurrences. I look forward to updating investors as initial results of this year's program become available."
Read the original news release →

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