RUA GOLD Receives Approval to Commence Exploration Drilling

05/08/2026 08:30 NZST, GENERALP

Highlights:

• Extensive surface exploration and data analysis completed at the Glamorgan Project over the past 2 years have identified several compelling drill targets.

• The Company has received approval for nine drill pads, allowing it to test the three most compelling drill targets.

• Construction of protective fencing, the exploration camps and drill pads will commence immediately following ecological checks.

• A fully funded initial exploration program of approximately 9,000m has been planned across the targets with drilling expected to commence in Q4 2026.

• Simon Henderson, Chief Operating Officer, has more than 30 years of experience in this region of New Zealand and played an integral role in the discovery of Wharekirauponga.

• Surface exploration completed to date has identified classic features of a major epithermal gold-silver system, comparable to those observed at the Wharekirauponga project, located just 2.8 km to the south.

• Significant gold-arsenic soil anomalies trend north, northeast and north-northwest strike out individually over 4 kms in length. Drill targets were selected where these surface features coincide with strong resistivity anomalies identified through CSAMT surveying, interpreted to represent major quartz systems.