Issued on behalf of RUA GOLD Inc.
VANCOUVER – Baystreet.ca News Commentary – Gold exploration miners are experiencing a transformational moment as breakthrough drilling campaigns deliver exceptional intercepts across multiple jurisdictions, with companies achieving results like 2,349 grams gold per tonne over 2.9 metres and 17,563 grams per tonne over shorter intervals in the first half of 2025[1]. This wave of high-grade discoveries coincides with over 75% of gold exploration projects deploying digitally integrated drilling techniques for improved data accuracy[2], while AI-driven exploration breakthroughs are reducing drilling costs by 20-30% through more targeted approaches[3]. The convergence of advanced exploration technology with exceptional grade results has positioned companies with active drill programs to capitalize on unprecedented market conditions, particularly RUA GOLD Inc. (TSXV: RUA) (OTCQB: NZAUF), TDG Gold Corp. (TSXV: TDG) (OTCQX: TDGGF), Labrador Gold Corp. (TSXV: LAB) (OTCQB: NKOSF), Troilus Gold Corp. (TSX: TLG) (OTCQX: CHXMF), and Minera Alamos Inc. (TSXV: MAI) (OTCQX: MAIFF).
Industry analysts emphasize that recent exploration breakthroughs are driving four-day rallies in mining stocks[4] as investors recognize the potential for resource expansion and near-term development.
RUA GOLD Inc. (TSXV: RUA) (OTCQB: NZAUF) just delivered exceptional high-grade results from its expanding Auld Creek project, including standout intercepts of 17m at 9.8g/t AuEq and 8m at 8.9g/t AuEq. These latest results demonstrate significant strike extension of the current resource, positioning the company for substantial resource growth by year-end. The company has also made promising regional discoveries, with rock chip samples grading 14g/t gold found over 30km south of Reefton.
"These drill results from Auld Creek have significantly expanded the scale and potential of the project and put us well on the way to growing the resource base as we announced last month," said Robert Eckford, CEO of RUA GOLD. "Importantly, the mineralized system has been extended both vertically and along strike and remains open in all directions. With two rigs now active on site and surface geochemistry confirming a 2.5-kilometre-long mineralized corridor, we are well positioned to build on this momentum."
The company recently announced a major expansion to its Reefton drill campaign, mobilizing a third rig and targeting over 4,000 metres of new drilling at Auld Creek to grow the gold-antimony resource above 300,000 ounces by year-end. RUA GOLD also has a third rig drilling at targets across the reminder of the district, focusing on highly ranking prospects, highlighted by its VRIFY AI targeting process—all part of a 12-month strategy aimed at fast-tracking permitting and transitioning from explorer to developer.
"We closed Q2 2025 with $14 million in the treasury, placing us in a strong position to execute on our aggressive exploration plan in New Zealand," added Eckford. "As our gold-antimony resource continues to grow rapidly—and with antimony at the top of every nation's critical minerals list—the significance of this expansion is substantial."
The Reefton Goldfield is a historically prolific district that produced more than 2 million ounces at grades up to 50 g/t. RUA GOLD now controls 120,000 hectares (roughly 95%) in the area and has confirmed multiple stacked mineralized shoots at Auld Creek, including previous standout intercepts of 2.1 m at 64 g/t AuEq (5.5 g/t gold and 13.1% antimony). New modeling work is underway ahead of a resource update, while multiple rigs continue testing depth and lateral continuity.
Antimony continues to be a major tailwind for the company's positioning, with prices surging past US$50,000 per tonne in 2025 following China's export restrictions. New Zealand has formally designated it as a critical mineral, adding further significance to RUA GOLD's dual-commodity profile at Auld Creek. Surface samples have returned over 40% Sb, and several drill holes exceed 8%, grades rarely seen this early in a project's development cycle.
Meanwhile, at Alexander River, modeling is underway to build on a 130,000 oz inferred resource grading 4.1 g/t. The zone hosts 1.2 km of outcropping mineralization and returned historical production of 41,000 oz at 26 g/t before World War II halted mining. Targets at Caledonia and other regional zones are also in development.
On the North Island, drill access applications have been submitted for RUA's Glamorgan project in the Hauraki Goldfield, home to the 10 Moz Martha mine. Glamorgan's 4 km gold-arsenic anomaly has been refined using CSAMT surveys and VRIFY's DORA AI engine, with drilling expected to begin in Q4.
With a disciplined burn rate, $14 million in cash, and a leadership team behind US$11 billion in prior exits, RUA GOLD is well-positioned to deliver meaningful discovery growth and advance permitting across both islands. The current multi-rig program aims to stack near-surface ounces at scale across gold, antimony, and future targets shaped by AI and legacy-grade geology.
CONTINUED… Read this and more news for RUA GOLD at: https://usanewsgroup.com/2025/04/02/others-found-1911-g-t-here-before-now-a-proven-11b-mining-team-is-back-to-finish-the-job/
In other industry developments and happenings in the market include:
Equinox Gold Corp. (NYSE-American: EQX) (TSX: EQX) has achieved a major milestone at its Valentine Gold Mine with first ore processed through the 2.5-million-tonne-per-annum facility. The company expects to pour first gold within the next month, representing its second cornerstone Canadian mine entering production with anticipated annual output of 175,000 to 200,000 ounces for the first 12 years.
"I am pleased to announce that our Valentine Gold Mine has begun processing ore through its 2.5-million-tonne-per-annum facility. We expect to pour first gold within the next month, marking another important milestone for Equinox Gold as we bring our second cornerstone Canadian mine into production," said Darren Hall, CEO of Equinox Gold. "Equinox Gold is entering a pivotal phase of growth, with production and cash flow expected to increase meaningfully as Valentine ramps up and Greenstone approaches nameplate capacity."
The company strengthened its leadership team with key appointments including Bryan Wilson as Vice President of Operations at Greenstone and Daniella Dimitrov as Executive Vice President of Sustainability, People & Strategy. Equinox Gold also successfully retired its US$139.2 million 2020 Convertible Notes through share conversion, marking another step toward reducing overall leverage.
i-80 Gold Corp. (NYSE-American: IAUX) (TSX: IAU) has received all required construction permits from Nevada environmental authorities and commenced underground development at its Archimedes project on the Ruby Hill property. The project, located approximately 180 kilometers from the company's wholly-owned Lone Tree processing facility, is expected to begin contributing to production in the fourth quarter of 2026 with an anticipated 10-year mine life.
"The receipt of permits and commencement of construction at Archimedes marks a major milestone for i-80 Gold as we advance Phase One of our growth strategy in Nevada. Phase One is expected to increase annual gold output from less than 50,000 ounces to a target range of 150,000 to 200,000 ounces of gold by 2028," said Richard Young, CEO of i-80 Gold. "We are excited about the exploration potential at Archimedes. The lower zone remains open to the north and south, offering substantial exploration potential that we believe can extend the current 10-year mine life."
Underground development above the 5100-foot elevation is expected to be completed by mid-2027 through contractor Small Mine Development, with the project hosting 436,000 ounces of indicated resources at 7.6 grams per tonne and 988,000 ounces of inferred resources at 7.3 grams per tonne. The company has accelerated its infill drill program to support a feasibility study targeted for completion in the first quarter of 2027, ahead of the original timeline.
Coeur Mining, Inc. (NYSE: CDE) has delivered exceptional high-grade results from expansion drilling at Las Chispas and Kensington mines, with Las Chispas returning bonanza-grade intercepts including 1.0 feet at 4.61 ounces per ton gold and 392 ounces per ton silver. The company has ramped up to nine drill rigs at Las Chispas targeting additional resource growth, while Kensington drilling continues to encounter multiple parallel veins with high grades over mineable widths.
"Our sustained focus on organic growth through brownfield exploration over the past several years continues to set us apart by generating multiple new discoveries and driving consistent reserve and resource increases, leading to meaningful mine life extensions and higher returns on invested capital across the portfolio," said Mitchell J. Krebs, Chairman, President and CEO of Coeur Mining. "Since acquiring Las Chispas in February 2025, an upscaled scout and expansion drill program has delivered early success by expanding resources in several key veins within the Gap Zone and the Las Chispas Block with the potential for future reserve conversion."
The Augusta vein discovery in the Gap Zone has been defined over 1,050 feet along strike and 492 feet down dip with grades up to 0.81 ounces per ton gold and 113.8 ounces per ton silver, while Kensington's Upper Zone drilling returned 7.1 feet at 11.5 ounces per ton gold. Current resources at Las Chispas cover only about 55% of the known silver-gold veins, with the newly completed ramp between Las Chispas and Babicanora Norte veins providing underground access for infill drilling.
Galiano Gold Inc. (NYSE-American: GAU) (TSX: GAU) has reported exceptional drill results at the Abore deposit in Ghana, including 23 meters at 6.8 grams per tonne gold and 16.4 meters at 5.3 grams per tonne gold, with multiple new high-grade ore shoots identified below existing mineral resources. The Phase 2 drilling program has identified a significant new high-grade discovery at Abore North, located approximately 75 meters below the existing mineral resource, with mineralization remaining open in multiple directions.
"We are excited to see consistent high-grade zones intercepted below the current resource shell at grades significantly above the average grade of the existing mineral resource," said Matt Badylak, President and CEO of Galiano Gold. "We recognise the significance of encountering grades of this magnitude and continuity of mineralization at these elevations and anticipate these results will drive near term value through open pit resource expansion, while providing robust targets for continued exploration success at Abore."
The 2025 drilling campaign will now be expanded beyond the current Phase 2 program and is anticipated to extend into 2026 to rapidly increase drill density within the zone immediately below the current Abore mineral resource. Galiano Gold plans to ramp up to a minimum of five to six drill rigs at Abore with mineralization remaining open at depth across the entire 1,800-meter strike length of the deposit.
Article Source: https://usanewsgroup.com/2025/04/02/others-found-1911-g-t-here-before-now-a-proven-11b-mining-team-is-back-to-finish-the-job/
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CITATION SOURCES:
1. https://www.mining.com/top-20-gold-drilling-this-year-wesdome-wins/
2. https://farmonaut.com/mining/drilling-techniques-in-gold-exploration-2025-insights
3. https://discoveryalert.com.au/news/ai-transforming-mining-exploration-2025/
4. https://www.ainvest.com/news/mcewen-mining-mux-shares-surge-3-63-intraday-high-exploration-breakthroughs-drive-day-rally-2509/
