The RUA Gold Permit and access have been extended for five years at the high-grade Reefton project, positioning the company to focus its drilling efforts on new exploration targets such as Murray Creek. This development marks a significant milestone for the company as it seeks to further enhance its resource base and advance its exploration activities.
The Reefton project has long been recognized as a key asset for the company, boasting a substantial gold resource and high-grade mineralization. The extension of the RUA Gold Permit and access rights for an additional five years underscores the company’s commitment to maximizing the full potential of this project. By securing the necessary permits, the company can continue to explore and develop new areas within the project, providing opportunities for further resource expansion and value creation.
One of the key aspects of the extended permit is the inclusion of Murray Creek as a priority target for the near-mine drilling program. Murray Creek presents an exciting opportunity for the company to discover new mineralized zones and potentially expand its resource base. The company’s decision to target Murray Creek highlights its strategic approach to exploration, focusing on areas with high-grade potential and significant upside.
With the extended permit in place, the company is well-positioned to execute its exploration strategy effectively. By targeting areas with known high-grade mineralization and geological potential, the company aims to delineate new resources and further enhance the value of the Reefton project. This approach aligns with the company’s long-term objectives of growing its resource base, optimizing production, and maximizing shareholder value.
In conclusion, the extension of the RUA Gold Permit and access for five years at the Reefton project represents a significant opportunity for the company to advance its exploration activities and unlock the project’s full potential. With the addition of Murray Creek as a priority target, the company is poised to make new discoveries and further enhance its resource base. By leveraging its existing infrastructure and geological expertise, the company is well-equipped to capitalize on the extended permit and drive value creation for its stakeholders.