A Positive Gold-Antimony PEA Just Landed in a Fast-Track Jurisdiction - With Spot Gold Above $4,500 an Ounce and a 19,000-Metre Drill Program Already Underway

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A Positive Gold-Antimony PEA Just Landed in a Fast-Track Jurisdiction — With Spot Gold Above $4,500 an Ounce and a 19,000-Metre Drill Program Already Underway Issued on behalf of Rua Gold Inc.With antimony designated a U.S. Critical Mineral, China antimony export controls structurally tightening Western supply, and gold trading at record highs into 2026, one New Zealand–focused junior just delivered base-case PEA economics, expanded spot-price upside, and a Fast-Track permitting referral inside the same quarter VANCOUVER, British Columbia, May 27, 2026 (GLOBE NEWSWIRE) -- Canada News Group News Commentary — Gold has spent 2026 setting record highs amid sustained central bank purchasing and forecasts pushing toward US$5,000/oz by Q4. Antimony was designated a U.S. Critical Mineral following China's late-2024 export restrictions and remains structurally short in Western markets. The premium goes to companies that are already permitted, already funded, and already turning the drill bits. Inside that landscape, Rua Gold Inc. (TSX: RUA) (NZX: RGI) (OTCQX: NZAUF) (FSE: X9R), Newmont Corporation (NYSE: NEM) (TSX: NGT), Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM), Kinross Gold Corporation (NYSE: KGC) (TSX: K), and OceanaGold Corporation (TSX: OGC) (OTCQX: OCANF) collectively span the spectrum from emerging-stage New Zealand–focused developer to integrated major gold producer. Rua Gold Inc. (TSX: RUA) (NZX: RGI) (OTCQX: NZAUF) (FSE: X9R) on May 5, 2026 announced the results of a positive Preliminary Economic Assessment (PEA) for its 100%-owned Auld Creek Gold-Antimony Project in the Reefton Goldfield, New Zealand. The PEA — prepared in accordance with NI 43-101 disclosure standards and effective April 25, 2026 — highlights the potential for robust economics from a high-grade, shallow underground starter mine, supported by access to established Reefton infrastructure for efficient transporting to port. Base-case PEA economics: After-tax NPV5% of US$42 million and after-tax IRR of 17% at long-term gold of US$3,300/oz and antimony of US$27,000/t. Leveraged to spot at US$4,700/oz gold, NPV5% rises to US$113 million with IRR of 36% and payback shortened from 3.3 years to 2.2 years. Project parameters include nominal processing throughput of 250,000 tonnes per annum, average annual production of approximately 27,000 ounces...

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