# Ellis Martin Report: RUA Gold \(NZAUF\) Reports High Grade Gold and Antimony Results at Auld Creek

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/ellis-martin-report-rua-gold-nzauf-reports-high-grade-gold-and-antimony-results--2dab9d81-8022-4bcd-8e98-4a0896dbe48f

Original source: https://orestocks.com/company/RUA.V/press-releases/7042553466396641

Publisher: orestocks

Original announcement: 2026-10-06T08:01:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-06T09:03:42.429Z

Atlas analysis updated: 2026-10-06T09:03:42.429Z

- Company: Rua Gold Inc.

- Ticker: RUA

- Exchange: Unavailable

- Region: New Zealand

- Primary commodity: Gold

- Secondary commodities: Antimony

- Document categories: Drill results, Metallurgy, Other

- Extracted: 2026-10-06 09:03:43 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Rua Gold reported high-grade gold intercepts at the Auld Creek project, including 0.03m at 69.2 g/t Au. The company also highlighted significant antimony mineralization and reported 85% antimony recovery through a conventional flotation circuit.

Reasoning: The release reports high-grade gold intercepts and significant antimony mineralization, alongside metallurgical recovery results, supporting project advancement.

- Positive factor: High grade gold intercepts reported

- Positive factor: Significant antimony mineralization noted

- Positive factor: Metallurgical recovery stated at 85%

- Positive factor: Transitioning from infill to step-out drilling

- Negative factor: Antimony is a penalty element

- Negative factor: Production timeline subject to permitting

Facts used in scoring: 4

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release mentions metallurgy is well understood and uses conventional flotation, but does not explicitly detail specific QA/QC protocols like blanks or standards in this text.

Evidence · text

> the metallurgy is well understood

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 69.2 g/t Au is exceptionally high grade for an orogenic gold system.

Evidence · text

> 0.03 metres at 69.2 grams per tonne gold

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: the document describes a flotation route \("flotation"\)

**Single Domain Only**

Polarity: negative

Definition: Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

## Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

## Drill Results (3)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/ellis-martin-report-rua-gold-nzauf-reports-high-grade-gold-and-antimony-results--2dab9d81-8022-4bcd-8e98-4a0896dbe48f#fact-drill-facts-0)

Auld Creek · gold

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Auld Creek
- Commodity: gold
- Region: new zealand
- Reported Region: new zealand
- Ticker: RUA

#### Geometry

- Grade: 69.2
- Grade Unit: g/t
- Intercept: 0.03 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Mining Method: underground

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: 69.2 g/t Au is an exceptional grade, though the 0.03m width is extremely narrow.

- Positive factor: Exceptional grade

- Negative factor: Extremely narrow width

Evidence · text

> 0.03 metres at 69.2 grams per tonne gold

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "RUA GOLD expects several additional developments in the coming weeks, including pre feasibility study economics, submiss"

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/ellis-martin-report-rua-gold-nzauf-reports-high-grade-gold-and-antimony-results--2dab9d81-8022-4bcd-8e98-4a0896dbe48f#fact-drill-facts-1)

Auld Creek · gold

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Auld Creek
- Commodity: gold
- Region: new zealand
- Reported Region: new zealand
- Ticker: RUA

#### Geometry

- Grade: 24.9
- Grade Unit: g/t
- Intercept: 6.6 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Mining Method: underground

#### Metal Equivalent

- Metal Eq. Grade: 24.9
- Metal Eq. Unit: g/t AuEq

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: High grade gold equivalent intercept over a meaningful width.

- Positive factor: Strong gold equivalent grade

Evidence · text

> 6.6 metres at 24.9 grams per tonne gold equivalent

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "RUA GOLD expects several additional developments in the coming weeks, including pre feasibility study economics, submiss"

### Fact 3

[Link to this fact](https://atlas-staging.minestarters.com/news/ellis-martin-report-rua-gold-nzauf-reports-high-grade-gold-and-antimony-results--2dab9d81-8022-4bcd-8e98-4a0896dbe48f#fact-drill-facts-2)

Auld Creek · gold

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Auld Creek
- Commodity: gold
- Region: new zealand
- Reported Region: new zealand
- Ticker: RUA

#### Geometry

- Grade: 14.4
- Grade Unit: g/t
- Intercept: 6.3 m

#### Classification

- Deposit Type: other
- Program: resource
- Sample Type: drill
- Mining Method: underground

#### Metal Equivalent

- Metal Eq. Grade: 14.4
- Metal Eq. Unit: g/t AuEq

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: High grade gold equivalent intercept over a meaningful width.

- Positive factor: Strong gold equivalent grade

Evidence · text

> 6.3 metres at 14.4 grams per tonne gold equivalent

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "RUA GOLD expects several additional developments in the coming weeks, including pre feasibility study economics, submiss"

## Metallurgical Results (1)

### flotation

[Link to this fact](https://atlas-staging.minestarters.com/news/ellis-martin-report-rua-gold-nzauf-reports-high-grade-gold-and-antimony-results--2dab9d81-8022-4bcd-8e98-4a0896dbe48f#fact-metallurgical-facts-3)

Auld Creek · antimony

#### Identity

- Project: Auld Creek
- Commodity: antimony
- Region: new zealand
- Reported Region: New Zealand
- Ticker: RUA

#### Test Work

- Program Status: scoping
- Test Type: flotation
- Processing Route: conventional flotation circuit
- Sample: Auld Creek project metallurgy

#### Recovery

- Recovery: 85 %
- Recovery Basis: actual\_test

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-10-06T00:00:00.000Z

Reasoning: 85% recovery for antimony via flotation is a strong result for early stage metallurgy.

- Positive factor: Solid recovery rate

Evidence · text

> approximately 85 percent antimony recovery through a conventional flotation circuit

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the flotation signal

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
