Providing stock analysis for investors of the Canadian junior markets
In the landscape of the gold mining industry, few executives have made their mark as swiftly as Robert Eckford. Now at the helm of RUA Gold Inc. (TSXV: RUA), Eckford has demonstrated an eye for opportunity, navigating some of the mining industry’s significant transactions over the last six years.
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Exploration has begun at Rua Gold’s (TSXV: RUA) Glamorgan Project, found in the Hauraki Goldfield on the north island of New Zealand. The program follows the company in August being granted a minimum impact access agreement from the Department of Conservation.
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FULL DISCLOSURE: This is sponsored content for Rua Gold. Rua Gold (CSE: RUA) has received conditional approval to up-list its
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Rua Gold (CSE: RUA) is raising funds under a brokered financing with Cormark Securities for the further exploration of its Reefton project in New Zealand.
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Rua Gold (CSE: RUA) is set to substantially expand its landholdings in the Reefton Goldfield of New Zealand. The firm as of this morning has entered into an arrangement to acquire Reefton Resources Pty, which is a subsidiary of Siren Gold (ASX: SNG).
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The history of gold mining in New Zealand dates back to the 1850’s with a discovery made by Charles Ring, who found a small piece of gold in the Coromandel region of the North Island. A decade later, the West Coast of the South Island experienced its first discovery.
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RUA Gold (CSE: RUA) has seen drilling get underway at its Reefton Project within New Zealand’s South Island. The drill program will see a total of 37 targets drill tested across the Reefton Project.
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The gold mining industry in New Zealand is experiencing a resurgence, driven by record gold prices and a new pro-mining stance from the government. Amidst this backdrop, RUA Gold Inc. (CSE: RUA) emerges as an intriguing opportunity, particularly given recent developments in the region.
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New Zealand’s mining sector, deeply rooted in the country’s history, is at a pivotal moment. With abundant mineral resources, including coal, silver, iron ore, limestone, and gold, mining has long been a cornerstone of New Zealand’s economy. Recent government initiatives aim to double mineral exports by 2035, signaling a renewed push towards mining.
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