Northwire Canada EditionMonday, July 13, 2026
Northwire
OCG 0.280 +0.0% CAMB 1.00 +0.0% HMR 0.620 +0.0% GOFL 0.025 +0.0% SIG 1.03 +0.0% SGQ 0.300 +0.0% AMCO 0.250 +0.0% TRS 0.055 +0.0% RRI 0.265 +0.0% GAL 0.400 +0.0% LIB 0.910 +0.0% SMY 0.235 +0.0% SAG 1.02 +0.0% NTH 0.165 +0.0% PEMC 0.045 +0.0% NAR 0.180 +0.0% OCG 0.280 +0.0% CAMB 1.00 +0.0% HMR 0.620 +0.0% GOFL 0.025 +0.0% SIG 1.03 +0.0% SGQ 0.300 +0.0% AMCO 0.250 +0.0% TRS 0.055 +0.0% RRI 0.265 +0.0% GAL 0.400 +0.0% LIB 0.910 +0.0% SMY 0.235 +0.0% SAG 1.02 +0.0% NTH 0.165 +0.0% PEMC 0.045 +0.0% NAR 0.180 +0.0%
Drill Results Material +

Field Work Identifies New Mineralized Trend and Additional Gold Targets at Golden Rose

TRU uncovers 3km mineralized trend at Golden Rose as exploration shifts from routine drilling to scalable discovery

Executive Summary

The most recent news (March 5, 2026) reports the identification of a significant new mineralized trend at the Golden Rose Project in Newfoundland. This trend spans over 3km in strike length and up to 600m in width. High-grade grab samples from outcrop include 91.3 g/t Au and 36.1 g/t Au, while float samples returned up to 72.7 g/t Au. This discovery is centered on a mineralized sandstone unit first identified during the 2025 drilling program. Additionally, the company has elevated the priority of the Falls Zone and Jacobs to Rose Gold corridor for the upcoming 2026 field season.

Material Impact

This news is Material - Positive because it provides a "proof of concept" for the company’s shift toward a "big picture" regional exploration strategy. - Scale: A 3km trend is substantial for a junior explorer and suggests the potential for a much larger deposit than the previously isolated zones (Mark’s Pond/Northcott). - Grade: The presence of multi-ounce grab samples (91.3 g/t) indicates high-grade potential, although grab samples are selective by nature. - Continuity: It validates the 2025 drilling results which, while wide-spaced, hit mineralization in every hole. - Strategic Value: This increases the attractiveness of the project for its major partner, Eldorado Gold, which is currently in an earn-in agreement to spend $15.25M.

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Company Overview

TRU Precious Metals is focused on the Golden Rose Project, a 297.5 sq km land package in the Central Newfoundland Gold Belt. The project is strategically located between Calibre Mining’s Valentine Gold Project and AuMEGA Metals’ Cape Ray Project. The flagship project is characterized by its position along the Cape Ray-Valentine Lake Shear Zone. TRU also holds a 51% interest in the Staghorn property (part of Golden Rose) via a JV with Quadro Resources.

Read the original news release →

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