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RUA GOLD Files the Preliminary Economic Assessment for the Auld Creek Project
Vancouver, British Columbia--(Newsfile Corp. - June 19, 2026) - Rua Gold Inc. (TSX: RUA) (NZX: RGI) (OTCQX: NZAUF) (WKN: A40QYC) ("RUA GOLD" or the "Company")
About this update from Rua Gold Inc
Vancouver, British Columbia--(Newsfile Corp. - June 19, 2026) - Rua Gold Inc. (TSX: RUA) (NZX: RGI) (OTCQX: NZAUF) (WKN: A40QYC) ("RUA GOLD" or the "Company") is pleased to announce the filing of a Preliminary Economic Assessment for the Auld Creek Gold Antimony Project located in the Reefton Goldfield on the West Coast of New Zealand. A copy of the Technical Report is available on www.sedarplus.ca and on the Company's website www.ruagold.com. The scientific and technical information contained in this news release has been prepared and approved by the following independent Qualified Persons, each within the meaning of National Instrument 43 101 - Standards of Disclosure for Mineral Projects ("NI 43 101"):Abraham Whaanga, BSc, MAusIMM (CP) of RSC has reviewed and verified the resource-related information disclosed herein. Gary Davison, FAusIMM, Principal Mining Engineer and Director of Mining One Consultants, has reviewed the mining methods, mining capital and operating costs and is responsible for Economic Analysis.Marius Phillips, NHD Ex Met, MAusIMM (CP), RPEQ and Technical Director of Pitch Black Group is responsible for information relating to plant capital and operating costs, mineral processing and metallurgical testing and recovery methods.Each Qualified Person:has independently reviewed and verified relevant underlying data in the MRE and PEA.has consented to the disclosure of the information in this news release in the form and context in which it appears. is independent of Rua Gold Inc. within the meaning of NI 43 101. The Mineral Resource Estimate (MRE) presented in RUA's press release on 5 May 2026 was based on mineable shapes created by RSC for the February 2026 Independent Technical Report (Whaanga, 2026). This MRE is comparable to the 'RAW MSO' MRE presented in Table 14-21 of the PEA Technical Report, which was based on Mineable Stope Optimiser (MSO)-generated shapes produced by Mining One for the PEA.The final MSO set presented in Table 14-21 of the PEA Technical Report is materially different to the MRE in the 5 May 2026 press release, with a -22-27% change in AuEq ounces. This is due to the consideration of additional geotechnical, engineering, and economic factors, including partial extraction of a crown pillar, for the purpose of meeting the criteria for reasonable prospects for eventual economic extraction (RPEEE) at the PEA level. Fu...