The Reefton Goldfield, a historic and underexplored gold district in New Zealand, is being revisited by RUA GOLD Inc. (TSXV: RUA) (OTCQB: NZAUF) with a modern approach to exploration. The company’s flagship project, Auld Creek, has delivered promising results, including 9.0 meters at 5.9 g/t gold equivalent and 1.25 meters at 48.3 g/t AuEq. The Auld Creek project represents a significant component of RUA’s broader 2025 exploration push across the Reefton district, where the company now holds 95% control over the historic goldfield. RUA’s approach to the region is characterized by the deployment of advanced geological modeling and AI-driven targeting, which has already yielded hits. At Auld Creek, the company has discovered four mineralized shoots, with two confirmed in the current inferred resource. The project holds 700,000 tonnes grading 3.1 g/t gold and 1.1% antimony, suggesting considerable room to grow. RUA’s ambitions extend beyond the Reefton district, with the company advancing its Glamorgan Project on the North Island. Located near OceanaGold’s Wharekirauponga (WKP) deposit, the Glamorgan Project features two large gold-arsenic anomalies and has rock samples returning assays as high as 43 g/t gold. The Glamorgan Project is being tested for potential extensions of a previously reported 20.7-meter vein grading 62.2 g/t gold. With drill targeting already underway, Glamorgan could emerge as the company’s next high-impact play. Although gold remains the central theme, antimony is quietly shaping up as a strategic wild card. New Zealand added antimony to its official Critical Minerals List in January 2025, with global supplies tightening and prices rising above US$50,000 per tonne. RUA Gold is not just exploring—it’s executing on a clear plan to unlock overlooked, high-grade potential across one of the Southern Hemisphere’s most underexplored gold belts. The company’s team boasts $11 billion in mining exits and $5.75 million in fresh capital, positioning RUA Gold for success. Industry developments and happenings in the market include:
* Allied Gold Corporation (TSX: AAUC) (OTCQX: AAUCF) has achieved its highest-ever quarterly gold output in Q4 2024, producing 99,632 ounces. * SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) expects to produce between 410,000 and 480,000 gold equivalent ounces in 2025, excluding Çöpler’s contribution. * Sandstorm Gold Ltd. (NYSE: SAND) generated an estimated 18,500 attributable gold equivalent ounces in Q1 2025, with a cash operating margin of $2,507 per ounce. The market is abuzz with activity, as companies like RUA GOLD Inc. continue to make waves in the gold sector. With its modern approach to exploration and significant potential, RUA GOLD Inc. is an exciting name to watch in the coming years.
“We see attractive and low capital intensity opportunities to potentially extend the mine lives at each of our assets going forward and will continue to progress technical work through the year,” said Rod Antal, Executive Chairman of SSR Mining.
With its strong team and significant resources, RUA GOLD Inc. is poised to unlock the potential of the Reefton Goldfield and beyond.
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- RUAGold is advancing its Glamorgan Project on the North Island, featuring two large gold-arsenic anomalies and rock samples returning assays as high as 43 g/t gold.
- The company is executing on a clear plan to unlock overlooked, high-grade potential across one of the Southern Hemisphere’s most underexplored gold belts.
- RUA Gold’s team boasts $11 billion in mining exits and $5.75 million in fresh capital, positioning the company for success.
| Gold Equivalent Ounces | Production |
|---|---|
| 410,000 | Lower end of guidance |
| 480,000 | Upper end of guidance |
| Gold Equivalent Ounces | Production |
|---|---|
| 99,632 | Q4 2024 |
