Rua Gold Inc. announced that the Company has received its drone concession from the Department of Conservation for its Glamorgan Project, located on the North Island of New Zealand and situated 2.8km north of OceanaGold's Wharekirauponga Project. The exploration team has mobilized, and magnetic geophysical surveys are underway. RUA GOLD has a well-funded exploration program allocated to the Glamorgan Project.

The Company has applied for minimum impact access from DoC, to allow soil sampling, resistivity geophysical surveys and geological mapping, expected to be received in second quarter of 2024. Following this surface exploration work, the Company will design the drill program and apply for full access to commence exploration drilling by the end of the year. On May 5, 2024, OceanaGold included the accelerated development of WKP in New Zealand's newly introduced Fast Track Approvals Bill, creating a road map for RUA GOLD.