Commodities
RUA GOLD Receives Approval to Commence Exploration Drilling at the Glamorgan Project on New Zealand's North Island
Vancouver, British Columbia--(Newsfile Corp. - August 4, 2026) - Rua Gold Inc. (TSX: RUA) (NZX: RGI) (OTCQX: NZAUF) (FSE: X9R) ("RUA GOLD" or the "Company") is pleased to announce that it has received required regulatory approval to commence exploration drilling at the Glamorgan Project, an epithermal gold project in the Hauraki Goldfield on New Zealand's North Island.The Hauraki Goldfield is a major epithermal gold province, where more than 50 historic mines have collectively produced over 15..
About this update from Rua Gold Inc
Vancouver, British Columbia--(Newsfile Corp. - August 4, 2026) - Rua Gold Inc. (TSX: RUA) (NZX: RGI) (OTCQX: NZAUF) (FSE: X9R) ("RUA GOLD" or the "Company") is pleased to announce that it has received required regulatory approval to commence exploration drilling at the Glamorgan Project, an epithermal gold project in the Hauraki Goldfield on New Zealand's North Island. The Hauraki Goldfield is a major epithermal gold province, where more than 50 historic mines have collectively produced over 15 million ounces of gold. The Glamorgan Project is adjacent to OceanaGold's Wharekirauponga deposit, which hosts Indicated Mineral Resources of 1.5Moz at 17.3 g/t Au1. The Wharekirauponga project received final permitting approval in December 2025 following a 112-day review process and is now under construction. Highlights: Simon Henderson, Chief Operation Officer of RUA GOLD, commented: "Receiving approval to commence drilling at Glamorgan is a significant milestone for RUA GOLD. Our exploration team has systematically developed a compelling geological model and identified three priority drill targets supported by coincident geophysical, geochemical and geological indicators. With drilling now set to test this highly prospective epithermal system for the first time, we have an exceptional opportunity to unlock a potentially significant new gold discovery in one of New Zealand's premier gold districts." Exploration Work Completed to Date Exploration activities completed to date include extensive geological mapping, geochemical sampling, TerraSpec clay-mineral analysis, and ultra-detailed magnetic and resistivity surveys. This work has focused on three target areas overlapping with major alteration cells. The alteration cells are directly associated with surface quartz veins, platy quartz after calcite, quartz-adularia mineralization and sinter-like textures, which are characteristic of the upper levels of an epithermal gold-silver system. The principal components of the surface exploration program completed include: Figure 1: Location map with of Glamorgan with initial drill targets. To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10755/307888_79e5edc124b218a5_022full.jpg Glamorgan Exploration Overview Following the grant of a drone concession in May 2024 and approval for minimum-impact exploration in July 2024, RUA GOL...