In this InvestorIntel interview, Chris Thompson talks to TRU Precious Metals Corp.’s (TSXV: TRU | OTCQB: TRUIF) VP Exploration Paul Teniere about TRU’s recent high-grade gold assay results (including 57.6 g/t gold over 2.5 metres and 34 g/t gold over 2 metres) from their Golden Rose Project in Central Newfoundland. Providing an update from channel sampling at their newly discovered Northcott Gold Zone on the Golden Rose Project, Paul explains what makes the zone a significant gold discovery for TRU.
Speaking about TRU’s key exploration accomplishments in 2022, Paul discusses the geographic and geologic importance of their Golden Rose Project’s location between two large gold deposits (Marathon Gold’s Valentine Gold Project and Matador Mining’s Cape Ray Gold Project). He goes on to provide an update on TRU’s recently closed private placement the proceeds of which will be used to explore for critical minerals at the Jacob’s Pond target area on the Golden Rose Project.
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About TRU Precious Metals Corp.
TRU (TSXV: TRU) (OTCQB: TRUIF) is on a mission to build long-term shareholder value, through prudent natural resource property development and transactions. TRU is exploring for gold and copper in the highly prospective Central Newfoundland Gold Belt on its 100%-owned Golden Rose Project, originally optioned from TSX-listed Altius Minerals. Golden Rose is a regional-scale 236 km2 land package, including a recently discovered 20 km district-scale structure, and an additional 45 km of strike length along the deposit-bearing Cape Ray – Valentine Lake Shear Zone, directly between Marathon Gold’s Valentine Gold Project and Matador Mining’s Cape Ray Gold Project. In addition, TRU has an option to acquire up to an aggregate 65% ownership interest in two claim packages covering 33.25 km2 including a 12 km strike length along the Shear Zone within Golden Rose.
TRU is a portfolio company of Resurgent Capital Corp. (“Resurgent”), a merchant bank providing venture capital markets advisory services and proprietary financing. Resurgent works with promising public and pre-public micro-capitalization companies listing on Canadian stock exchanges.
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This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.
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