TRU Precious Metals Corp. is pleased to announce that it has signed a definitive option agreement dated June 15, 2022 with Quadro Resources Ltd. , pursuant to which TRU has been granted the option to acquire up to an aggregate 65% ownership in Quadro's Staghorn Project. The Staghorn Project is a large claim package of 133 claim units in eight mineral licences covering 3,325 hectares ) with a 12 km strike length of the [...]
TRU Precious Metals Corp. is pleased to provide an update on its 2022 exploration program, previously announced on March 22, 2022, ongoing at the Company's flagship Golden Rose Project located in the Central Newfoundland gold belt on the deposit-bearing Cape Ray-Valentine Lake Shear Zone. Soil Sampling The soil sampling program is designed to identify new gold mineralization and provide additional targets for TRU's 2022 [...]
TRU Precious Metals Corp. is pleased to announce additional results of its Induced Polarization survey at the Company's flagship Golden Rose Project , further to its announcement of April 13, 2022. Golden Rose is located in the Central Newfoundland gold belt on the deposit-bearing Cape Ray-Valentine Lake Shear Zone. TRU retained Simcoe Geoscience Limited to deploy Simcoe's next-generation wireless, high-definition Alpha [...]
TRU Precious Metals Corp. is pleased to announce that on May 17, 2022 it closed the non-brokered private placement announced on April 26, 2022 and subsequently amended on May 4, 2022. TRU Co-Founder and CEO Joel Freudman commented: "This capital raise will allow us to continue upon our early success at our regional-scale Golden Rose Project, where we continue to achieve increasingly exciting results in our exploration [...]
TRU Precious Metals Corp. announces that further to its press release dated April 26, 2022, it has revised the terms of its proposed $2,500,000 non-brokered private placement . The Company intends to raise gross proceeds of up to $2,000,000 from the issuance of flow-through units . Each FT Unit will consist of one flow-through common share in the capital of the Company and one flow-through common share purchase warrant [...]
TRU Precious Metals Corp. is pleased to announce that it intends to complete a non-brokered private placement for gross proceeds of up to $2,500,000 . The Company intends to raise gross proceeds of up to $2,000,000 from the issuance of flow-through units at a price of $0.16 per unit. Each FT Unit will consist of one flow-through common share in the capital of the Company and one flow-through common share purchase warrant [...]
TRU Precious Metals Corp. announced today the following appointments of key executives to realigned management roles. To facilitate the accelerated execution of TRU's strategic vision and exploration plans, the Company has appointed its Chief Financial Officer, Olga Nikitovic, to also hold the office of President. She will now oversee all the Company's corporate and exploration functions on a day-to-day basis. The [...]
TRU Precious Metals Corp. is pleased to announce preliminary results of its Induced Polarization survey at the Company's flagship Golden Rose Project , further to its announcement of February 9, 2022. TRU VP of Property Development and Director Barry Greene commented: "Since we first acquired Golden Rose in 2021, the Jacob's Pond area stood out as being particularly prospective, requiring serious exploration attention [...]
TRU Precious Metals Corp. is pleased to announce new assay results from an additional 5 of the 22 holes completed during its 2021 winter drill program at its flagship Golden Rose Project in Central Newfoundland . In addition, TRU is releasing a longitudinal cross section model of the Woods Lake Gold Zone , which was the primary focus of that drill program. TRU has now reported on 16 holes in total, with assays from the [...]
TRU Precious Metals Corp. is pleased to announce details of its 2022 exploration and work program at its flagship Golden Rose Project , which is now underway. "Our 2022 exploration season is off to a great start," said TRU President Stephen Lautens. "The IP survey we announced last month is underway in identifying new high-priority targets for further exploration across our district-scale land package at Golden Rose. A [...]
TRU Precious Metals Corp. is pleased to announce new assay results from an additional 4 of 22 holes completed during its 2021 winter drill program at its flagship Golden Rose Project in Central Newfoundland . Highlights 10.0 metres of 1.14 grams per tonne gold starting at 52.0 metres in drill hole WL-21-04, which forms the base of a longer 56.0 metre interval grading 0.4 g/t gold starting from the bedrock surface. 7.0 [...]
TRU Precious Metals Corp. is pleased to announce additional assay results from 5 of 22 holes completed during its 2021 winter drill program at its flagship Golden Rose Project in Central Newfoundland . Highlights 12 metres grading 1.01 grams per tonne gold from drill hole WL-21-12 7m grading 1.71 g/t gold from drill hole WL-21-06, including 2.39 g/t over 4m The drill program at Golden Rose consisted of a total of 22 HQ [...]