Summary
RUA GOLD is An Emerging Gold Explorer with Two Highly Prospective Land Packages in New Zealand’s historical gold fields.
RUA GOLD has High-grade orogenic and epithermal gold targets with historical production grades of 16-50g/t Au, in a safe Tier 1 mining jurisdiction and favorable geology.
RUA GOLD has a highly skilled team of New Zealand professionals with working knowledge of the area, permits, title work and funding secured, and has begun their drilling program.
Stock Chart
Share Structure
| As of April 19, 2024 | |
| Shares Issued | 193,583,463 |
| Warrants | 17,789,878 |
| Options | 10,000,000 |
| Fully Diluted | 221,373,341 |
Investment Highlights
- A highly experienced team with a proven track record of making money for shareholders leading RUA GOLD. Over $5B in mining deals completed between them
- Tier 1 jurisdiction with infrastructure(electricity/water/highways/rail) next to each project
- Very supportive government looking to develop the mining sector
- Ultra high grade targets on both property’s
- Reefton project on the South Island has historical production in the 1950’s of 2Moz at 25g/t gold
- Glamorgan project on the North Island neighbours OceanaGolds biggest discovery, the WKP deposit which has a 1M ounces resource at 15g/t gold.
- Well financed with over $5M in the bank and drills turning currently.
Projects
HAURAKI GOLDFIELD (North island)
Area: Hauraki Goldfield
Property: Glamorgan
Target: The Wires Ridge Prospect
High-grade epithermal gold province
- Total district production >15Moz gold and >60Moz Silver
- Wharekirauponga Discovery >0.64Moz @13.5g/t Au (Ind) and 0.7 Moz @ 9.4g/t Au (Inf)
- Glamorgan, a 4644-hectare permit application
- The permit is 2.8km north of Wharekirauponga (OceanaGold)
REEFTON GOLDFIELD (South Island)
Area: Reefton Goldfield
Properties: Multiple contiguous properties
Target: The Pactolus vein
High-grade orogenic gold
- Total district production of 2 Moz at ~24.5g/t
- 3 permits covering ~50% of the historic district
- 3 years of extensive soil sampling, UAV magnetics and mapping completed as a private company.
- New discovery at Pactolus with surface channel sample assays of 16.4g/t au over 7m
Management Profiles
Robert Eckford CEO
Co-founder and Head of Finance and of Aris Mining. Experience in mining across Australia, Africa and South America.
Simon Henderson COO
Exploration Geologist and specialist in orogenic and epithermal gold systems. Has a long history and strong relationships in New Zealand’s with stakeholders.
Zeenat Lokhandwala CFO & Corporate Secretary
Former CFO of Great Bear Royalties and Director of Finance of Great Bear Resources with over 10 years of M&A, finance, accounting and taxation experience.
Oliver Lennox-King Chairman
Former Chairman of Fronteer Gold and Roxgold. Largest shareholder of RUA GOLD.