Business
A Positive Gold-Antimony PEA Just Landed in a Fast-Track Jurisdiction, with 19,000 Metres of Drilling Already Underway
A Positive Gold-Antimony PEA Just Landed in a Fast-Track Jurisdiction, with 19,000 Metres of Dril...
About this update from Mako Mining Corp.
[{"type":"text","content":"\n\n\nA Positive Gold-Antimony PEA Just Landed in a Fast-Track Jurisdiction, with 19,000 Metres of Drilling Already Underway\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nCanada NewsWire\n\n\nIssued on behalf of Rua Gold Inc.With antimony designated a U.S. Critical Mineral and gold pushing past US$4,500 per ounce, the small group of named developers with a positive PEA, a permitting pathway, and an active drill program just got a lot more interesting — one of them just published the numbers this week.VANCOUVER, BC, May 6, 2026 /CNW/ -- Equity-Insider.com News Commentary — Two stories collided this quarter and most generalist investors haven't connected them yet. Gold has spent 2026 making and re-making record highs as central banks keep buying and major producers keep guiding output declines. Antimony — quietly designated by the U.S. as a Critical Mineral after China's late-2024 export restrictions — has become one of the most strategically sensitive metals on the Department of War's watchlist[1]. The names that sit at the intersection of those two stories — gold-antimony developers in friendly jurisdictions, with a real economic study, a permitting path, and a drill rig in the ground — are a very short list.\n\n\n\n\n\n\n\nThat's the lane that just got crowded with new data. The supply side for both metals is breaking in slow motion. Major gold producers are guiding 2026 output lower because reserves are draining faster than discoveries can replace them. Antimony is even tighter — China still controls the majority of global supply, and the West is racing to stand up domestic and allied production. The premium goes to companies that are already permitted, already funded, and already turning the drill bits. Rua Gold Inc. just delivered all three at once.Rua Gold Inc. (TSX: RUA) (NZX: RGI) (OTC: NZAUF) (FSE: X9R) is the textbook version of that profile. On May 5, the Company released the results of a positive Preliminary Economic Assessment (\"PEA\") for the 100%-owned Auld Creek Gold-Antimony Project, located in the histo...