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Drilling assays @ RUA's newly discovered Pactolus system include 2m @ 5.13g/t Au
+ RUA GOLD is set to start a near-mine drilling program, starting with 5 targets in Reefton's Murray Creek historic district. Recent surface rock chip samples from one of these targets include 56.2 g/t Au
Must-watch video for anyone interested in gold - as New Zealand's Minister for Mining is on a mission to transform New Zealand a mining powerhouse, this newly public gold junior provides an enticing opportunity to capitalize on two untapped resources in New Zealand's premier gold districts:
Highlighted in ResourceTalk's latest CEO BBQ starting at 1:54:52, RUAGold (RUA.c) provides the ability to capitalize on the potential upside of discovering untapped gold reserves in New Zealand, as detailed by RUA's CEO Simon Henderson:
Amid gold hitting all time highs once again, undervalued junior gold miners are nearing a price correction & one new company that just came onto my radar is RUAGold (RUA.c) - with ongoing drilling in New Zealand's Reefton district, RUA is a brand-new, de-risked and high-grade gold explorer in New Zealand with $7.5M in cash and 3 years of private exploration under its belt before going public: https://www.reddit.com/r/Baystreetbets/comments/1bhwdew/how_to_position_yourself_for_the_precious_metals/
RUA holds considerable assets in NZ's Reefton Goldfield which has produced over 3M oz of gold. Led by seasoned management, boasting $7.5M cash, and significant insider ownership, RUAGold's poised for success amidst a bullish gold market. Currently it is trading up 10% on healthy volume Lots of info on them in this post⬇️ https://www.reddit.com/r/Wallstreetbetsnew/comments/1bnsjfz/strategic_positioning_for_gold_exploration/