sur TRU Precious Metals Corp. (isin : CA89778V1040)
TRU Precious Metals Updates on Golden Rose Project Progress
TRU Precious Metals Corp., a Toronto-based company, has provided an update on their Golden Rose Project in Central Newfoundland. The project, located within a significant gold deposit-bearing shear zone, has recently garnered attention due to an exclusive option granted to Eldorado Gold Corporation.
This option gives Eldorado a potential 80% ownership in the project, enabling TRU to conduct a comprehensive evaluation of the site's potential for gold and other minerals. CEO Steve Nicol emphasized the strategic shift to a holistic view of Golden Rose, aiming to optimize the mineral discovery process.
Current efforts focus on data reassessment and the identification of prospective drill targets, particularly in an identified zone between Mark’s Pond and Rich House zones. TRU anticipates finalizing initial targeting by early 2025, with subsequent drilling to follow.
Parallel to these gold-focused activities, TRU is conducting copper and critical minerals exploration, with results expected after work completion. The efforts reflect a methodical approach to unlocking Golden Rose's full potential.
R. H.
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