TRU Announces Commencement of Drilling at Golden Rose
TRU Precious Metals (TSXV:TRU)(OTCQB:TRUIF) has initiated a 1,800-metre diamond drilling program at its Golden Rose Project in Central Newfoundland. The drilling focuses on the Mark's Pond to Rich House "exploration fairway" and fulfills drilling commitments required by July 2025 under the Option Agreement with Quadro Resources for the Staghorn licenses.
The company has completed a property-wide geological and structural synthesis of Golden Rose, which spans nearly 300 square kilometers. The analysis has identified multiple targets for potential orogenic gold mineralization. The Staghorn licenses represent less than 12% of the total Golden Rose area. Field work will be conducted to validate these exploration targets before further drilling.
TRU Precious Metals (TSXV:TRU)(OTCQB:TRUIF) ha avviato un programma di perforazione diamantata di 1.800 metri presso il suo progetto Golden Rose, situato nella regione centrale di Terranova. Le perforazioni sono concentrate sulla "corsia esplorativa" che va da Mark's Pond a Rich House e soddisfano gli impegni di perforazione previsti entro luglio 2025 nell'ambito dell'Accordo di Opzione con Quadro Resources per le licenze Staghorn.
L'azienda ha completato una sintesi geologica e strutturale sull'intera proprietà di Golden Rose, che copre quasi 300 chilometri quadrati. L'analisi ha individuato molteplici obiettivi per una possibile mineralizzazione aurifera orogenica. Le licenze Staghorn rappresentano meno del 12% dell'intera area di Golden Rose. Prima di ulteriori perforazioni, verranno svolti lavori sul campo per convalidare questi obiettivi esplorativi.
TRU Precious Metals (TSXV:TRU)(OTCQB:TRUIF) ha iniciado un programa de perforación diamantina de 1.800 metros en su Proyecto Golden Rose, ubicado en el centro de Terranova. La perforación se centra en la "vía exploratoria" desde Mark's Pond hasta Rich House y cumple con los compromisos de perforación requeridos para julio de 2025 bajo el Acuerdo de Opción con Quadro Resources para las licencias Staghorn.
La compañía ha completado una síntesis geológica y estructural en toda la propiedad de Golden Rose, que abarca casi 300 kilómetros cuadrados. El análisis ha identificado múltiples objetivos para una posible mineralización aurífera orogénica. Las licencias Staghorn representan menos del 12% del área total de Golden Rose. Se realizarán trabajos de campo para validar estos objetivos exploratorios antes de continuar con más perforaciones.
TRU Precious Metals (TSXV:TRU)(OTCQB:TRUIF)는 뉴펀들랜드 중부에 위치한 Golden Rose 프로젝트에서 1,800미터 다이아몬드 시추 프로그램을 시작했습니다. 이번 시추는 Mark's Pond에서 Rich House까지 이어지는 "탐사 페어웨이"에 집중되며, Quadro Resources와 체결한 Staghorn 라이선스 옵션 계약에 따라 2025년 7월까지 요구되는 시추 약속을 이행합니다.
회사는 거의 300평방킬로미터에 달하는 Golden Rose 전역에 대한 지질 및 구조 종합 분석을 완료했습니다. 이 분석을 통해 여러 오로제닉 금 광상 가능성 목표 지점이 확인되었습니다. Staghorn 라이선스는 Golden Rose 전체 면적의 12% 미만을 차지합니다. 추가 시추 전에 현장 조사를 통해 이 탐사 목표들을 검증할 예정입니다.
TRU Precious Metals (TSXV:TRU)(OTCQB:TRUIF) a lancé un programme de forage diamanté de 1 800 mètres sur son projet Golden Rose, situé au centre de Terre-Neuve. Le forage se concentre sur la « voie d'exploration » entre Mark's Pond et Rich House et répond aux engagements de forage requis d'ici juillet 2025 dans le cadre de l'accord d'option avec Quadro Resources pour les licences Staghorn.
La société a réalisé une synthèse géologique et structurale à l'échelle de la propriété Golden Rose, qui couvre près de 300 kilomètres carrés. L'analyse a identifié plusieurs cibles potentielles de minéralisation aurifère orogénique. Les licences Staghorn représentent moins de 12 % de la superficie totale de Golden Rose. Des travaux de terrain seront menés pour valider ces cibles d'exploration avant de poursuivre les forages.
TRU Precious Metals (TSXV:TRU)(OTCQB:TRUIF) hat ein 1.800 Meter langes Diamantbohrprogramm auf seinem Golden Rose Projekt in Zentral-Neufundland gestartet. Die Bohrungen konzentrieren sich auf den "Explorationskorridor" von Mark's Pond bis Rich House und erfüllen die bis Juli 2025 erforderlichen Bohrverpflichtungen im Rahmen der Optionsvereinbarung mit Quadro Resources für die Staghorn-Lizenzen.
Das Unternehmen hat eine umfassende geologische und strukturelle Synthese des Golden Rose Gebiets abgeschlossen, das sich über fast 300 Quadratkilometer erstreckt. Die Analyse hat mehrere Ziele für potenzielle orogene Goldmineralisierung identifiziert. Die Staghorn-Lizenzen machen weniger als 12 % der Gesamtfläche von Golden Rose aus. Feldarbeiten werden durchgeführt, um diese Explorationsziele vor weiteren Bohrungen zu validieren.
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TORONTO, ON / ACCESS Newswire / May 6, 2025 / TRU Precious Metals Corp. (TSXV:TRU)(OTCQB:TRUIF)(FSE:706) ("TRU" or the "Company") is pleased to report that drilling has commenced on an approximate 1,800 metres 2025 diamond drilling program at the Golden Rose Project ("Golden Rose"). Golden Rose is strategically located along the gold deposit bearing Cape Ray - Valentine Lake Shear Zones in Central Newfoundland.
The target area for the 2025 drilling program is focused upon a portion of the Mark's Pond to Rich House "exploration fairway." (see News Release dated April 03, 2025). This exploration fairway was selected for the 2025 drill program based upon its interpreted prospectivity and to comply with certain drilling commitments required prior to early July 2025 pursuant to the terms of the Option Agreement with Quadro Resources, as modified, on the Staghorn licenses, which comprise part of the exploration fairway. (see News Releases dated June 16, 2022 and August 18, 2022). The Staghorn licenses represent less than
Concurrently, the Company has recently completed its revised and refined geological and structural property-wide synthesis of Golden Rose and is now advancing an assessment of the outcomes of this work. The completed models identify numerous targets with potential for orogenic gold mineralization across the nearly 300 sq. kilometres ("km") land package. This pipeline of quality exploration targets will be validated by field work prior to drilling.
TRU CEO Steve Nicol commented: "We are very pleased to announce the commencement of the 2025 drill program at the Mark's Pond to Rich House exploration fairway which represents the first area to be tested among the multiple prospective targets emerging from our geological and structural site-wide model. I look forward to updating investors on the results of this initial drilling program, and upon our ongoing assessment of other emerging target areas, as results from each become available."
Figure 1: Initial Exploration Fairway at Golden Rose
About TRU Precious Metals Corp.
TRU (TSXV:TRU, OTCQB:TRUIF, FSE:706) is on a mission to build long-term shareholder value through prudent natural resource property development. The company's flagship project is the Golden Rose Project a regional-scale 297.50 km2 land package in Central Western Newfoundland (includes a 33.25 km2 package of claims over which TRU has an option with TSX-listed Quadro Resources to acquire up to an aggregate
TRU is approximately
For further information about TRU, please contact:
Steve NICOL
CEO
TRU Precious Metals Corp.
Phone: 1-855-760-2TRU (2878)
Email: ir@trupreciousmetals.com
To connect with TRU via social media, below are links:
X (formerly Twitter): https://x.com/metalstru
YouTube: https://www.youtube.com/@TruMetalsCorp
LinkedIn: https://www.linkedin.com/company/tru-precious-metals-corp/
Instagram: https://www.instagram.com/TRUMetals/
Facebook: https://www.facebook.com/TRUMetals/
Acknowledgement
TRU would like to thank the Government of Newfoundland and Labrador for financial support through the Junior Exploration Assistance Program and the Federal Government for its critical mineral assistance funding for the exploration activities at Golden Rose.
Forward-Looking Statements
This press release contains certain forward-looking statements. These statements are based on numerous assumptions regarding Golden Rose, the Company's exploration programs and results, and commodities prices that are believed by management to be reasonable in the circumstances, and are subject to a number of risks and uncertainties, including without limitation: mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on Golden Rose; the exploration potential of Golden Rose and the nature and style of mineralization at Golden Rose; risks inherent in mineral exploration activities; volatility in precious metals and base metals prices; volatility in economic conditions and financial markets; and those other risks described in the Company's continuous disclosure documents. Actual results may differ materially from results contemplated by the forward-looking statements herein. Investors and others should carefully consider the foregoing factors and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements herein except as required by applicable securities laws.
This press release is solely the responsibility of TRU, and Eldorado is not in any way responsible or liable for the contents hereof.
Neither TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: TRU Precious Metals Corp.
View the original press release on ACCESS Newswire
FAQ
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