Ellis Martin Report: RUA GOLD (NZAUF) Hits 82.9 g/t Gold and 24.8% Antimony at Auld Creek

Original announcement by orestocks on

Company
RUA GOLD Inc.
Ticker
RUA
Exchange
Unavailable
Region
New Zealand
Primary commodity
Gold
Secondary commodities
Antimony
Document categories
Drill results
Extracted
2026-09-15 09:03:25 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

RUA GOLD reported its highest-grade drill results to date at the Auld Creek Project in New Zealand, featuring an exceptional intercept of 82.9 g/t gold and 24.8% antimony. The company is transitioning from infill to step-out drilling and anticipates an updated mineral resource estimate and pre-feasibility study in Q4 2026.

Reasoning: The intercept of 82.9 g/t Au is exceptionally high-grade for an epithermal/orogenic system, and the presence of 24.8% Sb adds significant byproduct value, though Sb is a penalty element in some concentrates.

Positive factors

  • exceptional gold grade
  • high-grade antimony byproduct
  • highest-grade results to date

Negative factors

  • deleterious element (antimony) present

Facts used in scoring: 2

Classification and evidence

Bonanza Interceptpositive

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

Why it applies: 82.9 g/t gold is exceptionally high grade.

Evidence · text

“82.9 grams per tonne gold”

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: Antimony is mentioned as part of the intercept.

Evidence · text

“24.8% antimony”

No QA/QC Disclosurenegative

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

Why it applies: The release does not disclose QA/QC protocols or lab certification.

Evidence · text

“The reported results include an exceptional intercept”

Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

Drill Results (2)

Fact 1Auld Creek Gold-Antimony · goldGrade: 82.9Grade Unit: g/tNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

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

Geometry

Grade
82.9
Grade Unit
g/t

Classification

Sample Type
drill
Mining Method
unknown

Location

Location
Auld Creek
Loc. Source
document

Deleterious

Deleterious Flag
Yes
Deleterious Elements
antimony

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: 82.9 g/t Au is an exceptional grade intercept.

Positive factors

  • exceptional grade

Evidence · text

“exceptional intercept grading 82.9 grams per tonne gold”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "INTERVIEW TOPICS: - Auld Creek's highest-grade drill results to date - 82.9 g/t gold and 24.8% antimony - The economic "

Fact 2Auld Creek Gold-Antimony · antimonyGrade: 24.8Grade Unit: %Needs review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Auld Creek Gold-Antimony
Commodity
antimony
Region
new zealand
Reported Region
new zealand
Ticker
RUA

Geometry

Grade
24.8
Grade Unit
%

Classification

Sample Type
drill
Mining Method
unknown

Location

Location
Auld Creek
Loc. Source
document

Deleterious

Deleterious Flag
Yes
Deleterious Elements
antimony

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: 24.8% Sb is an extremely high grade for a byproduct, though it is a penalty element.

Positive factors

  • high grade byproduct

Negative factors

  • penalty element

Evidence · text

“24.8% antimony”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Deleterious Elements Presentnegative

A source-stated penalty, refractory or recovery concern in the fact's scope. Element detection alone, including measured elements explicitly below penalty thresholds, does not trigger this tag. Respect negation and retain a separately stated concern even when another risk is explicitly absent.

Why it applies: deleterious_flag is true

Nearology Playneutral

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

Why it applies: proximity is offered as the value premise: "INTERVIEW TOPICS: - Auld Creek's highest-grade drill results to date - 82.9 g/t gold and 24.8% antimony - The economic "

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.