Gold Rally Sparks Renewed Investor Rush Into Mining Stocks

April 16, 2025

USA News Group News Commentary

Issued on behalf of RUA GOLD Inc.

VANCOUVER – USA News Group News Commentary – Since March, the ongoing gold rally has been attracting investors back to mining stocks. As the precious metal reaches record highs, mining stocks have been rising too, defying markets that outside the metal have undergoing turbulence caused by the “Trump Blink” on tariffs. Several miners from juniors to majors have been reporting important progress that’s been capturing the market’s attention such as RUA GOLD Inc. (TSXV: RUA) (OTCQB: NZAUF), Collective Mining Ltd. (NYSE-American: CNL) (TSX: CNL), Sandstorm Gold Ltd. (NYSE: SAND) (TSX: SSL), New Found Gold Corp. (NYSE-American: NFGC) (TSXV: NFG), and Meridian Mining UK Societas (TSX: MNO) (OTCQX: MRRDF).

The article continued: After gold prices soared past $3,200 this month, analysts at UBS and Deutsch Bank have increased their projections for the precious metal to $3,500 and $3,700 respectively. As macroeconomic risks continue to rise, strategists are highlighting how gold prices have gone parabolic, and how to prepare for what’s next.

RUA GOLD reports improving gold grades with depth on the Reefton Project’s Auld Creek gold-antimony project

RUA GOLD Inc. (TSXV: RUA) (OTCQB: NZAUF), today announced an update to its gold-antimony exploration on its Auld Creek project, Reefton on the South Island of New Zealand; reporting improving gold grades from current drilling in diamond drillholes ACDDH026, ACDDH027, ACDDH028.

Highlights:

Following up on the last high-grade results from the Company, the next holes intersected broader zones of gold in hole ACDDH027 and narrow but strong gold-stibnite (antimony sulphide) mineralization in ACDDH028.

Assay results show:

ACDDH026: 2.1m @ 1.25g/t Au from 175m depth

ACDDH027: 9m @ 5.9g/t AuEq* (5.2g/t Au & 0.16% Sb) from 159m depth

ACDDH028: 1.25m @ 48.3g/t AuEq* (13.3g/t Au & 8.1% Sb) from 210m depth

ACDD024,025 confirmed higher grade antimony mineralisation on the Fraternal shoot, the recent drilling ACDDH27,28 indicates an improvement in gold grade with depth.

The gold grades on the Fraternal shoot plunge to the south, current drilling is testing 80-100m below the current resource envelope, before pivoting to testing the northerly extensions of the Fraternal ore body.

Auld Creek has an inferred resource hosted by two ore shoots, Bonanza and Fraternal. This resource outcrops at surface and is continuous to 160m vertically and open at depth.

Gold equivalent (AuEq) calculated as Au g/t + 4.3 × Sb%, using spot prices and 85% recovery with ~30% discount applied.

Surface soil geochemistry strongly endorses extensions to the Fraternal north prospect and Bonanza northeast prospect, confirming the system is traceable over a 2.5km length.

“It is encouraging to see an improvement in gold grades with depth on the Fraternal lode, and the continuation of high-grade antimony accompanying the gold in narrow plunging shoots,” said Robert Eckford, CEO of RUA GOLD. “Drilling to date on Auld Creek antimony-gold prospect has improved confidence in the existing gold-antimony resource and provided detail on higher grade plunging shoots open to the south. We are focused on expanding the Auld Creek resource north and south, with intensified surface exploration showing early promise assisting in targeting additional mineralization over its 2.5km length.”

GLOBAL SUPPLY AND VALUE OF ANTIMONY

Antimony is a critical metalloid primarily sourced from the mineral, stibnite. It is highly valuable and increasing in demand due to its versatility and has essential applications across renewable energy, liquid battery metals, defence and technological sectors.

Due to its limited supply, predominantly controlled by China, Russia & Tajikistan, antimony is considered a strategic material essential for supply chain security, particularly during periods of geopolitical instability. This was heightened in August 2024, when China announced export controls on processed antimony products. In response to these controls, nations have accelerated their efforts to secure alternative sources of antimony to mitigate the risk of significant supply chain vulnerabilities.

The US, EU, UK, Japan, Canada and Australia all designate antimony as a critical mineral. On January 31, 2025, New Zealand also announced their Critical Mineral List which included antimony.

Reflecting heightened demand, the price of antimony has reached new highs, currently trading over US$50,000 per tonne, a significant increase from US$11,350 per tonne at the start of 2024. This market shift has intensified interest in the strategic antimony potential held by RUA GOLD.

EXPLORATION POTENTIAL

RUA GOLD commenced drilling at Auld Creek in December 2024. It has a targeted program to drill four mineralised shoots identified from historical surface exploration work interpreted by the RUA GOLD team over the past 3 months.

Auld Creek is situated between two past producing mines, Globe Progress mine, and the Crushington Group of mines which collectively produced 933,000oz at 14.0g/t Au (Barry 1993). Auld Creek has three historic adits but no commercial production from the reefs.

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