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Gold, Antimony, and Getting on the Fast Track: Inside Rua Gold's New Zealand Ambition
Description
Rua Gold announced a "starter PEA" to demonstrate the Auld Creek project's viability and unlock the New Zealand government's fast-track approval process, while the company continues aggressively drilling to expand the resource. CEO Robert Eckford talked to Mining Stock Daily. Eckford explained that with five drill rigs currently turning at the Reefton Goldfield and a hub-and-spoke development model centered on the Auld Creek deposit — New Zealand's largest known gold-antimony resource — the company is deliberately compressing the timeline from explorer to producer by pursuing permitting and resource expansion simultaneously. He also outlined the company's second project, the Glamorgan tenement in the Hauraki Goldfield, which sits adjacent to OceanaGold's high-grade Wharekirauponga deposit and is drill-ready pending permit approvals anticipated in Q2 2026.