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| New Zealand isn’t necessarily the first locale that comes to mind when you think of the world’s great gold mining jurisdictions. |
| But the country actually has a rich history of gold production that extends back to the 19th century, and it has generated more than 40 million ounces of the yellow metal. |
| Fast forward to today. Gold is in a bull market and New Zealand is being led by the most pro-mining administration in 50 years. |
| In fact, the current New Zealand government has fast-tracked permitting to the point where the country offers one of the fastest paths from deposit delineation to production on the planet. |
| Investors looking for a way to place a bet on this combination of historic gold production and a favorable mining regime will naturally land on Rua Gold (RUA.V; NZAUF.OTC). |
| As you’re about to see, Rua Gold has two projects that stand to quickly vault its market value — one on New Zealand’s South Island and one on its North Island.
And between the fully funded drilling program to test the South Island project at depth and the area-play potential of the North Island project, Rua Gold offers investors a compelling, undervalued — and perfectly timed — play on gold discovery in New Zealand. |
| Reefton Goldfield:
Locking Up
An Historic Mining District |
| Rua Gold’s flagship project is the Reefton Goldfield, a district-scale land package that remarkably covers most of the past-producing high-grade mines in the entire region.
And these weren’t your run-of-the-mill mines.
Consider this: The Reefton Goldfield has produced two million ounces of gold at eye-popping grades averaging between 9 g/t-50 g/t gold. |
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| Rua Gold holds a commanding land position within the district-scale Reefton Goldfield, which has produced two million ounces of gold at remarkable grades averaging between 9 g/t-50 g/t gold. |
| The current drilling program on Rua’s Reefton tenements is focusing on the Auld Creek and Cumberland targets.
Auld Creek hosts New Zealand’s largest antimony resource and has generated past drill intervals grading as high as 12.2 g/t gold over 12 meters.
Cumberland encompasses seven historic mines in a 2.2-kilometer-long zone of quartz veins and shearing. Historic work on Cumberland was highlighted by an astounding intersection grading 62.2 g/t over 20.7 meters. |
| Low-Lying Fruit At Depth |
| Here’s the key for both targets, and for the other past-producing areas within Rua’s Reefton holdings: They remain completely wide open at depth.
The graphic below tells a compelling story: The mines at the Reefton Goldfield have generally not been tested below depths of 600 meters. |
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| The Blackwater deposit within the Reefton Goldfield points the way to the potential that Rua Gold’s Reefton mines (colored yellow) have at depth. |
| The one exception is Federation’s Blackwater mine, which has seen 785,000 ounces of gold identified between 710 meters and 1,500 meters. |
| Better still, Rua Gold’s mines (highlighted in yellow) all hold the potential to yield similar gold mineralization at depth. |
| If the current drilling program tags into similar high-grade gold at depth, it could begin to write a whole new chapter in the Reefton Goldfield’s storied history. |
| Glamorgan:
Epithermal Targets In Another Rich Gold Region |
| Providing an important backstop to the value of Rua Gold’s Reefton holdings is the company’s Glamorgan claims within the North Island’s Hauraki Goldfield. |
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| OceanaGold’s development-stage gold project next to Rua Gold’s Glamorgan project on the North Island gives Rua an area-play kicker. |
| This goldfield has produced 15 million ounces of gold and 60 million ounces of silver.
Importantly, OceanaGold’s Waihi project just to the south of Glamorgan has produced 10 million ounces of gold so far, all by itself. |
| And OceanaGold’s Wharekirauponga project, which is adjacent to Glamorgan, hosts an indicated, high-grade resource of 1.37 million ounces at an ultra-high grade of 17.9 g/t gold. A recent prefeasibility study on this project showed a mine there generating an NPV of $621 million. |
| The new fast-track approach to permitting in the country has thrust Wharekirauponga into the six-month window for approval of development.
As OceanaGold moves this project toward production, it gives Rua Gold yet another potential catalyst for quick, area-play potential thanks to Glamorgan’s proximity and prospectivity.
And finally, the geologists that Rua Gold has employed are the exact same team that discovered the Wharekirauponga deposit. They know the ground, they know what to look for and they have already identified a zone at Glamorgan that has the exact same surface features as they found at Wharekirauponga. |
| Led By A Team With Over
C$11 Billion In Successful Exits |
| It pays to invest alongside those who have done it before and are set on doing it again.
No junior company can boast more in this regard than Rua Gold — an outfit run by a board and management team with a long track record of delivering for shareholders and deep experience operating in New Zealand. |
| Consider that, together, the Rua Gold team has raised more than $2.2 billion in capital...built eight mines on time and under budget...and generated $11 billion worth of successful exits. |
| These are people who know how to generate value and how to make the most of bull markets. |
| Drills Are Turning At This Moment... |
| In terms of timing, the wind is at Rua Gold’s back, both in terms of the gold market and New Zealand’s pro-mining government.
That government’s stated goal is to double mining exports over the next 10 years, which means that significant discoveries will get fast-tracked. Moreover, the company just closed on an oversubscribed private placement that raised C$13.8 million without needing to attach any warrants. |
| That money is going into the ground right now, with drills turning on the Reefton Goldfield property. |
| Tagging into the high-grade gold targets at depth would represent a major share-price catalyst for Rua Gold and its shareholders. And that means this is the time to start doing your homework on Rua Gold. |
| CLICK HERE
To Learn More about Rua Gold Inc. |
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