Northwire Canada EditionTuesday, July 28, 2026
Northwire
MAI 4.29 −4.2% RYR 0.175 +0.0% SCD 0.170 +1.5% SRC 1.75 −2.8% FOXT 0.170 +9.7% TG 0.180 −2.7% NOBL 0.100 −4.8% MGG 0.285 −5.0% HMR 0.540 +0.0% NRC 1.00 +0.0% SIG 0.920 +0.0% LMR 0.120 +60.0% XTM 0.065 +0.0% CRG 0.215 −2.3% DEC 0.070 +0.0% EAU 0.100 +0.0% MAI 4.29 −4.2% RYR 0.175 +0.0% SCD 0.170 +1.5% SRC 1.75 −2.8% FOXT 0.170 +9.7% TG 0.180 −2.7% NOBL 0.100 −4.8% MGG 0.285 −5.0% HMR 0.540 +0.0% NRC 1.00 +0.0% SIG 0.920 +0.0% LMR 0.120 +60.0% XTM 0.065 +0.0% CRG 0.215 −2.3% DEC 0.070 +0.0% EAU 0.100 +0.0%
Drill Results Routine +

RUA GOLD Reports Extensions Along Strike and at Depth at the Auld Creek Gold-Antimony Project, Reefton Goldfield

RUA GOLD extends high-grade gold-antimony strike at Auld Creek as it prepares for 2026 Fast-Track production push.

Executive Summary

The most recent news (March 17, 2026) reports significant strike and depth extensions at the Auld Creek Gold-Antimony project in the Reefton Goldfield, New Zealand. Drilling intercepted mineralization 400m north of the current resource envelope, confirming a surface extension exceeding 1,060 meters. While assays are pending, visual and geological data from hole ACDDH058 suggest high-grade gold zones and structural continuity. This supports the company’s fully funded 19,000m drill program, which currently utilizes four diamond rigs, with a fifth "roaming" rig arriving in April.

Material Impact

The news is Routine - Positive. While the 400m step-out is a significant physical extension of the mineralized system, it is an incremental success within the context of the massive 19,000m program and the previously stated goal of expanding the Mineral Resource Estimate (MRE). - Resource Growth: The extension supports the company's objective to grow the resource beyond the current Indicated 31koz Au and 3kt Sb (54koz AuEq). - Strategic Alignment: The results validate the "Fast-track Referral" application strategy intended for submission at the end of March 2026. - Operational Momentum: Maintaining four rigs on-site and adding a fifth demonstrates high capital deployment efficiency following the C$33M raise in January 2026. - Antimony Upside: Continued success in intercepting stibnite (antimony) is critical given the global supply constraints and the "Critical Mineral" designation in New Zealand.

RUA · Price
Company Overview

RUA GOLD is a New Zealand-focused explorer with a dominant landholding (120,000 hectares) in the Reefton Goldfield (South Island) and the Glamorgan Project (North Island). - Flagship Project: Auld Creek (Reefton). It is an orogenic gold-antimony deposit. - Resource: Current Indicated Resource of 0.3Mt @ 3.18g/t Au and 1.2% Sb. - Strategy: Utilizing a "hub-and-spoke" model to consolidate high-grade satellite deposits around a central processing facility.

Read the original news release →

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