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Investee Company Update: TRU Precious Metals
Ormonde Mining plc notes an update from its 36.5%-owned investee, TRU Precious Metals Corp., regarding its Golden Rose Project, where field work has identified a new mineralized trend extending for at least 3,000 metres and up to 600 metres wide, with grab samples yielding up to 91.3g/t gold. This trend aligns with existing zones, and TRU has also elevated the prospectivity of previously recognized showings and identified new targets in unexplored areas. Trenching and follow-up drilling programs are planned for the 2026 field season, aiming to further define these promising gold targets. Disclaimer*
About this update from Ormonde Mining Plc
5 March 2026 Ormonde Mining plc ("Ormonde" or the "Company") Investee Company Update: TRU Precious Metals TRU announces field work has identified a new mineralised trend and additional gold targets at Golden Rose Ormonde Mining plc (AQSE: ORM), the natural resources company with investment exposure to outstanding gold and battery metal exploration assets, notes the recent update by its 36.5%-owned investee company TRU Precious Metals Corp. (TSXV: TRU, OTCQB: TRUIF) ("TRU") on the ongoing target generation field works at its Golden Rose Project ("Golden Rose") strategically located along the gold deposit bearing Cape Ray - Valentine Lake Shear Zones in Central Newfoundland, and neighbouring Equinox Gold Corp.'s Valentine Mine. The full announcement from TRU follows below. Brian Timmons, Chair of Ormonde, commented: "Flanked by Atlantic Canada's next major gold mine to the north and over 600,000 ounces of gold to the south, Ormonde has always believed Golden Rose to be highly prospective. This conviction was reinforced when the eight-billion-dollar company Eldorado Gold optioned into the project and ramped up exploration. We are delighted with the progress of fieldwork which is further elevating the prospectivity of this premier project." FIELD WORK IDENTIFIES NEW MINERALIZED TREND AND ADDITIONAL GOLD TARGETS AT GOLDEN ROSE Toronto, Ontario - March 5, 2026 - TRU Precious Metals Corp. (TSXV:TRU, FSE:706) ("TRU" or the "Company") is pleased to provide an update on the ongoing target generation field works at its Golden Rose Project ("Golden Rose") strategically located along the gold deposit bearing Cape Ray - Valentine Lake Shear Zones in Central Newfoundland, and neighbouring Equinox Gold Corp.'s Valentine Mine. Subsequent to the completion of the 2025 drilling program at Golden Rose, the results of which can be found in the Company's news release dated September 10, 2025, the TRU exploration team was in the field advancing focused mapping and ground truthing programs aimed at further refining the geological and structural site-wide model and expanding the pipeline of quality drill targets both within and beyond the initial area of drilling focus. Highlights from the 2025 Field Work · Field work to follow up the mineralized sandstone u...
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