RUA GOLD Strengthens Management Team with Appointment of VP, Exploration
RUA GOLD Strengthens Management Team
with Appointment of VP, Exploration
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2025) - Rua Gold Inc. (TSXV: RUA) (OTCQB:
NZAUF) (WKN: A40QYC) ("
RUA GOLD
" or the "
Company
") is pleased to announce the strengthening
and expansion of its management team through the appointment of Emmett D'Urso as Vice President,
Exploration. Mr. D'Usro will work directly with the Company's COO, Simon Henderson, further enhancing
RUA GOLD's technical capabilities.
With more than 13 years of mineral exploration experience, Mr. D'Urso brings extensive expertise in
orogenic gold exploration, particularly within the Victorian Goldfields, where he has focused on high-
grade, narrow vein, Fosterville-style deposits. This experience is especially relevant as RUA GOLD's
Reefton project shares similar geological characteristics. Most recently, he contributed to exploration
programs at Global Ore Discovery, where he played a key role in drill program planning and budgeting
for antimony projects in New South Wales.
Prior to that Mr. D'Urso served as a Senior Site Official with De Grey Mining during the pivotal Hemi
study phase. In this role, he oversaw daily site operations, managed multi-disciplinary exploration teams,
and contributed to both greenfields and resource definition campaigns. His leadership and operational
oversight through this transformative period at De Grey underscore his ability to guide projects from early
discovery toward development with a strong focus on safety, efficiency, and stakeholder engagement.
RUA GOLD CEO, Robert Eckford, commented, "On behalf of our board of directors and management
team, I am pleased to welcome Emmett D'Urso as our new Vice President of Exploration. Emmett's
depth of experience working on analog deposits in the Bendigo-Ballarat region brings valuable insight
directly applicable to our projects. His addition strengthens our technical team as we advance our
portfolio, particularly in Reefton.
With Emmett on board, Simon Henderson, our COO, will be able to dedicate more time to driving
forward our Glamorgan Project, where we expect to ramp up activities in Q4 2025. The ongoing
expansion of our technical team with such high-caliber talent highlights both the strength of our projects
and our commitment to unlocking their full potential."
Option and DSU Grant
The Company granted 100,000 options (each, an "
Option
") to Mr. D'Urso of the Company in
accordance with the Company's stock option plan dated July 24, 2024. Each Option is exercisable into
one Common Share at an exercise price of $0.78 per Common Share for five years following the date of
grant. The Options are subject to a 3-year vesting period with 33,333 Options vesting on October 1,
2026, 33,333 Options vesting on October 1, 2027, and 33,334 Options vesting on October 1, 2028.
The Company also announces the grant of 140,778 deferred share units ("
DSUs
") to non-executive
directors of the Company at a deemed price of $0.70 per DSU, in accordance with the Company's DSU
Plan dated July 24, 2024. The DSUs are subject to a one-year vesting.
Each DSU entitles the holder to
receive one Common Share at the time the holder ceases to be a director of the Company.
New Marketing Agreement
The Company engaged Global One Media Group Pte. Ltd. ("
Global One Media
") commencing October
1, 2025. Pursuant to the investor relations agreement, Global One Media has agreed to provide content
development and digital marketing services. Global One Media is an investor-focused digital marketing
firm and will assist the Company with its digital and social media influencer marketing efforts.
The term of the agreement with Global One Media (the "
Global One Agreement
") commences on
October 1, 2025 and ends March 31, 2026. The Global One Agreement may be renewed on a monthly
basis after the initial term upon the mutual agreement of the Company and Global One Media. Under the
terms of the Global One Agreement, the Company has agreed to pay Global One Media a monthly cash
fee of USD$5,500. There are no performance factors impacting the compensation of Global One Media,
and Global One Media will not receive any securities of the Company as compensation. Global One
Media does not have any interest, directly or indirectly, in the Company. The Global One Agreement is
subject to regulatory approval by the TSX Venture Exchange.
ABOUT RUA GOLD
RUA GOLD is an exploration company, strategically focused on New Zealand. With decades of
expertise, our team has successfully taken major discoveries into producing world-class mines across
multiple continents. The team is now focused on maximizing the asset potential of RUA GOLD's two
highly prospective high-grade gold projects.
The Company controls the Reefton Gold District as the dominant landholder in the Reefton Goldfield on
New Zealand's South Island with over 120,000 hectares of tenements, in a district that historically
produced over 2Moz of gold grading between 9 and 50g/t.
The Company's Glamorgan Project solidifies RUA GOLD's position as a leading high-grade gold
explorer on New Zealand's North Island. This highly prospective project is located within the North
Islands' Hauraki district, a region that has produced an impressive 15Moz of gold and 60Moz of silver.
Glamorgan is adjacent to OceanaGold Corporation's biggest gold mining project, Wharekirauponga.
For further information, please refer to the Company's disclosure record on SEDAR+ at
www.sedarplus.ca
.
RUA GOLD Contact
Robert Eckford
Chief Executive Officer
Email:
Website:
www.RUAGOLD.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
This news release includes certain statements that may be deemed "forward-looking statements". All
statements in this new release, other than statements of historical facts, that address events or
developments that the Company expects to occur, are forward-looking statements. Forward-looking
statements are statements that are not historical facts and are generally, but not always, identified by the
words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and
similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur and
specifically include statements regarding: the Company's strategies, expectations, planned operations
or future actions, including but not limited to exploration programs at its Reefton and Glamorgan projects
and the results thereof. Although the Company believes the expectations expressed in such forward-
looking statements are based on reasonable assumptions, such statements are not guarantees of future
performance and actual results may differ materially from those in the forward-looking statements.
Investors are cautioned that any such forward-looking statements are not guarantees of future
performance and actual results or developments may differ materially from those projected in the
forward-looking statements. A variety of inherent risks, uncertainties and factors, many of which are
beyond the Company's control, affect the operations, performance and results of the Company and its
business, and could cause actual events or results to differ materially from estimated or anticipated
events or results expressed or implied by forward looking statements. Some of these risks, uncertainties
and factors include: general business, economic, competitive, political and social uncertainties; risks
related to the effects of the Russia-Ukraine war; risks related to climate change; operational risks in
exploration, delays or changes in plans with respect to exploration projects or capital expenditures; the
actual results of current exploration activities; conclusions of economic evaluations; changes in project
parameters as plans continue to be refined; changes in labour costs and other costs and expenses or
equipment or processes to operate as anticipated, accidents, labour disputes and other risks of the
mining industry, including but not limited to environmental hazards, flooding or unfavorable operating
conditions and losses, insurrection or war, delays in obtaining governmental approvals or financing, and
commodity prices. This list is not exhaustive of the factors that may affect any of the Company's forward-
looking statements and reference should also be made to the Company's short form base shelf
prospectus dated July 11, 2024, and the documents incorporated by reference therein, filed under its
SEDAR+ profile at
www.sedarplus.ca
for a description of additional risk factors.
Forward-looking statements are based on the beliefs, estimates and opinions of the Company's
management on the date the statements are made. Except as required by applicable securities laws,
the Company undertakes no obligation to update these forward-looking statements in the event that
management's beliefs, estimates or opinions, or other factors, should change.
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https://www.newsfilecorp.com/release/268673