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RUA GOLD Provides Outlook and Growth Catalysts for 2026
Vancouver, British Columbia--(Newsfile Corp. - February 9, 2026) - RUA GOLD INC. (TSXV: RUA...
About this update from Rua Gold Inc
[{"type":"text","content":"RUA GOLD Provides Outlook and Growth Catalysts for 2026Vancouver, British Columbia--(Newsfile Corp. - February 9, 2026) - RUA GOLD INC. (TSXV: RUA) (OTCQB: NZAUF) (\"RUA GOLD\" or the \"Company\") is pleased to provide an outlook as it outlines the strategy for 2026, including the commencement of drilling at the Glamorgan Project on the North Island and the advancement of the Reefton Project toward permitting on the South Island of New Zealand.Following the completion of the oversubscribed and upsized financing in January 2026, the Company has approximately C$38 million in available cash and is well-positioned to deliver several key catalysts for shareholders.Figure 1: A summary of key catalysts planned for 2026To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10755/283153_2dc02958a42e285f_006full.jpgEXPANDED DRILL PROGRAM ACROSS THE REEFTON PROJECT The drill program underway across the Reefton Goldfield has two primary objectives:Three drill digs are currently operating at the Auld Creek target, continuing step-out drilling with the aim of expanding the existing resource. One rig is focused on other highly ranked, prospective targets across the past-producing Reefton Goldfield, with the objective of identifying the next optimal target for low-capital-intensity resource definition - specifically shallow, continuous mineralization. Work is ongoing with RSC Consulting to complete the updated NI 43-101 Technical Report for the Reefton Project, which is expected to be published by the end of the month. Completion of this report will establish a baseline resource at Auld Creek and support ongoing drill planning aimed at maximising resource growth. Catalyst: Ongoing exploration updates coming to the market supported by the four drill rig program. PERMITTING UNDERWAY FOR THE REEFTON PROJECTRUA GOLD is actively advancing permitting-related activities on the West Coast of New Zealand. The Company has appointed key partners to support environmental studies and the permitting process. These partners bring strong and relevant experience from neighbouring projects, including Endura Mining's Snowy River Project, OceanaGold's Globe Progress reclamation project, and OceanaGold's Wharekirauponga Project on the North Island. Wharekirauponga was the first mine fully permitted under New Z...