A New Zealand Goldfield Is Quietly Becoming a Critical-Minerals Story -- and the Drills Are Running 24/7
RUA GOLD reported that drilling at its Auld Creek project is ahead of schedule, having collared its 100th hole and completed roughly 10,000 meters of a planned 19,000-meter program. The company remains on track to deliver a Pre-Feasibility Study in the fourth quarter of 2026. A Fast-Track referral application has been lodged with the New Zealand Government, with a decision anticipated in July, seeking to accelerate the development of the gold-antimony project.
Key figures
- Depth
- beyond 500 metres
- Intercept 1
- 2.7m @ 7.6 g/t AuEq
- Intercept 2
- 10.1m @ 2.2 g/t AuEq
- Strike length
- over 1,000 metres
- Pfs target date
- Q4 2026
- Drill metres planned
- 19,000
- Drill holes completed
- 100
- Drill metres completed
- 10,000
- Fast track decision expected
- July
AI analysis
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