TRU Precious Metals Completes Granting of Golden Rose Option to Eldorado Gold

TRU Precious Metals Corp. (TSXV:TRU)(OTCQB:TRUIF)(FRA:706) announced it has met all pre-conditions for the definitive earn-in agreement with Eldorado Gold Corporation (TSX: ELD, NYSE: EGO). This agreement grants Eldorado an exclusive option to obtain an 80% ownership interest in TRU's Golden Rose Project. The project is situated along the Cape Ray - Valentine Lake Shear Zone in Central Newfoundland.

Steve Nicol, TRU CEO, expressed enthusiasm for the partnership, highlighting Eldorado as a global gold producer. He looks forward to advancing exploration efforts collaboratively. The terms of the option agreement are detailed in the Company's July 30, 2024, news release, available on SEDAR+.

The Golden Rose Project spans 264.25 km² and includes a strategic location between Calibre Mining's Valentine Gold Project and AuMEGA Metals' Cape Ray Gold Project. TRU holds a 100% interest in the project and has the option to acquire up to 65% ownership in additional claim packages within the area.