on TRU Precious Metals Corp. (isin : CA89778V1040)
TRU Precious Metals Corp. Announces Spring and Summer Exploration Program at Golden Rose Project
TRU Precious Metals Corp. has revealed plans for a copper-focused exploration program at the Golden Rose Project in Western-Central Newfoundland. This initiative aims to assess the site's potential for critical minerals like nickel and zinc, which were identified in prior explorations. Scheduled for the upcoming spring and summer, the program will employ prospecting, sampling, and trenching to explore anomalies identified through earlier studies and improved technological methods.
Past exploration seasons from 2021 to 2023 have pinpointed several critical mineral anomalies, with assays showing significant copper and gold concentrations at locations like Jacob's Pond and the King George IV Lake area. These findings have led to plans for further exploration to better define these anomalies, with all necessary funds already secured within the company's treasury.
The exploration at Golden Rose not only focuses on copper due to its high demand, especially in the electric vehicle market, but also includes plans for drilling in gold prospect areas. TRU's CEO Joel Freudman expressed optimism about leveraging these findings to attract a broader investor base and enhance the project's appeal to large gold companies seeking copper exposure. Government subsidies are also available for such critical mineral explorations, bolstering the project's feasibility and potential impact.
R. E.
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