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REPEAT - Gold and Antimony in One Permit: Rua Gold's Positive PEA Lands in a Fast-Track Jurisdiction
VANCOUVER, British Columbia, June 08, 2026 (GLOBE NEWSWIRE) -- Canada News Group News Commentary ...
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REPEAT – Gold and Antimony in One Permit: Rua Gold’s Positive PEA Lands in a Fast-Track JurisdictionIssued on behalf of Rua Gold Inc. (TSX: RUA) (NZX: RGI) (OTCQX: NZAUF) (FSE: X9R) VANCOUVER, British Columbia, June 08, 2026 (GLOBE NEWSWIRE) -- Canada News Group News Commentary – Two of the tightest stories in metals — record-setting gold and critically short antimony — just converged on a single project. Rua Gold Inc. (TSX: RUA) (NZX: RGI) (OTCQX: NZAUF) (FSE: X9R) has delivered a positive Preliminary Economic Assessment for its 100%-owned Auld Creek Gold-Antimony Project in New Zealand’s Reefton Goldfield — inside a Fast-Track permitting jurisdiction, with a 19,000-metre drill program already underway.  Companies mentioned: Rua Gold Inc. (TSX: RUA) (NZX: RGI) (OTCQX: NZAUF) (FSE: X9R)Alkane Resources Limited (ASX / TSX: ALK)Larvotto Resources Limited (ASX: LRV)Southern Cross Gold Consolidated Ltd. (TSX: SXGC)American Tungsten and Antimony Ltd. (ASX: AT4) Key Takeaways: A positive PEA, two metals: On May 5, 2026, Rua Gold released a positive Preliminary Economic Assessment for its 100%-owned Auld Creek Gold-Antimony Project in New Zealand’s historic Reefton Goldfield — prepared under NI 43-101 and effective April 25, 2026.Economics: The PEA outlines an after-tax NPV5% of approximately US$42 million at base-case prices, rising to roughly US$113 million at spot gold, for a 5.5-year, 250,000-tonne-per-year underground operation producing separate gold and antimony concentrates.Contained metal: The mine plan models roughly 84,000 ounces of gold plus approximately 9,000 tonnes of antimony, averaging about 27,000 gold-equivalent ounces per year, with projected recoveries of 95% for gold and 85% for antimony on a no-cyanide flowsheet.Fast-Track permitting: Rua filed a Fast-Track Referral application on April 20, 2026 under New Zealand’s one-stop-shop Fast-Track Approvals regime, with a PFS targeted for Q4 2026 and the project targeted to be fully permitted in Q2 2027.Drilling underway: A 19,000-metre infill and step-out drill program is turning, aimed at converting Inferred resources to Indicated, establishing Measured resources ahead of the PFS, and extending mineralization that remains open at depth and to the north. A Dual-Metal Project at the Right MomentThe Auld Creek project i...