Tillkännagivande • May 13
TRU Precious Metals Corp., Annual General Meeting, Jul 16, 2026 TRU Precious Metals Corp., Annual General Meeting, Jul 16, 2026. Board Change • Jul 06
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Chairman of the Board Manish Kshatriya is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Dec 06
TRU Precious Metals Corp. Reports High Grade Gold in Rock Samples Recovery from the Golden Rose Project TRU Precious Metals Corp. reported on high grade gold ("Au") assays from rock sampling and mapping carried out on a section of the company-defined Mark's Pond to Rich House ("MPRH") exploration fairway at its Golden Rose Project ("Golden Rose"). The Golden Rose project is strategically located along the gold deposit-bearing Cape Ray - Valentine Lake Shear Zone in Central Newfoundland. Sampling and mapping were carried out along a 15 metre ("m") wide strip along the north shore of Lake Victoria made possible by unusually low water levels. This strip represents partial exposure of a 4 km stretch along the MPRH exploration fairway; A total of 47 bedrock and float grab samples were collected along the exposed shoreline, with 22 having grades in excess of 0.1 grams per tonne ("g/t") Au, of which 8 returned grades in excess of 30 g/t Au including 4 which returned grades in excess of 100 g/t Au; 12 of the bedrock and float samples contained visible gold ("VG"); A new bedrock occurrence with Rich House type alteration and veining was discovered approximately 1,100 m southwest ("SW") of Rich House; and The exposed north shore provided valuable geological information on what is interpreted to be a portion of a highly prospective structural trend extending through much of the large Golden Rose property. As previously reported, TRU is in the process of rigorously and methodically assessing the project-wide data for Golden Rose, including geological re-evaluation, infill sampling, and field validation with the objective of developing an updated model of mineralization potential across the entire project area. The initial focus is on the M PRH exploration fairway where drilling is being planned. The MPRH exploration fairway is a structural corridor interpreted to be up to 2 kilometres ("km") wide and over 7 km long, stretching from the Mark's Pond gold zone in the southwest to the Rich House showing to the northeast ("NE"). For several kilometres, the MPRH exploration fairways is parallel to the northwest shore of Victoria Lake. The 2024 fieldwork program was assisted by unusually low water levels in Victoria Lake leaving exposed a significant amount of the lake shore and thus uncovering a 15 metre ("m")wide strip along the entire north shore of the lake representing a 4 km stretch of the MPRH exploration fair way. Sampling and mapping were carry out by the TRU geological team along this strip of exposed shoreline. Bedrock samples were taken from siliceous intervals associated with a contact zone exhibiting iron carbonate alteration that can be tracked over an extensive strike length. Individual siliceous intervals extend to a width of up to 4 m, over 10's of metres in length. Many of the float samples collected were from angular boulders suggesting that they may not have been transported very far from the original source. A table of samples that returned in excess of 0.1 g/t from the sampling program is provided below. Sample No. Type Description Visible Gold Au (g/t) Au (g/t) A new bedrock occurrence with Rich house type alteration and veining was found approximately 1,100 m southwest (SW) of Rich House; and 12 of the float samples contained visible gold ("VV"); A new bedrock occurrence withRich House type alteration and veining were discovered approximately 1,100 m northwest shore of Rich House; and The exposure of the exposed north shore provided valuable geological data on what is interpreted to be an additional portion of the large Golden Rose property; and a portion of the large Golden Rose Property. Sampling and Mapping: As previously reported, TRU are in the process of rig rigorously and methodically assessing The project-wide data for GoldenRose, including geological re-eval evaluation, infill sampling, and Field validation with the objective of developing a updated model of mineralization potential throughout the entire project area. Tillkännagivande • Nov 05
TRU Precious Metals Corp. Announces Exploration Program Returns Samples Assaying 3.7% and 3.2% Cu at Golden Rose TRU Precious Metals Corp. provided results from the 2024 field season copper (‘Cu’) exploration program at its Golden Rose Project (‘Golden Rose’) strategically located along the gold deposit-bearing Cape Ray - Valentine Lake Shear Zone in Central Newfoundland. As previously announced, TRU has been conducting a targeted exploration program focused on the critical minerals potential of Golden Rose, with special emphasis on copper. Many of the areas targeted have limited exploration to date as Golden Rose is an historically underexplored asset. The Jacob's Prospect and King George Prospect areas both returned significant copper values (up to 3.7% Cu) while other locations returned numerous anomalous values, upgrading these targets for future work. Highlights from the recently completed program are: At Jacob's Prospect, four samples comprising bedrock and float assayed from 2.0% to 3.7% Cu with numerous other rock samples assaying up to 1% Cu. This has extended the area of known copper potential at this prospect by approximately 2 kilometres (‘km’) to the west-northwest; At King GeorgeProspect, outcrop and angular float grab samples assayed 3.7% and 2.4% Cu; At Glenn's Prospect, outcrop samples returned values up to 0.9 % Cu extending the area of known copper potential by 750 metres (‘m’) to the southwest of the original outcrop reported in 2023; Outcrop and angular float samples with highly promoted copper concentrations have been collected over a 5.5 km strike of the Cape Ray Shear Zone from Glenn's Prospect to Jacob's Prospect, with similar promoted copper concentrations also obtained from outcrop and angular float approximately 14 km further along the same structure to the southwest at King George Prospect; Outcrop samples assaying up to 0.17 % Cu, as well asangular float boulder samples assaying up to 0.15% Cu and 1.4 grams per tonne (‘g/t’) gold (‘Au’) were discovered at the newAnnie Prospect, a previously unexplored area 3.5 km north-northeast of Glenn's Prospect; and Several samples collected across the above-noted prospects also assayed anomalous zinc (‘Zn’) values up to 0.95% Zn. The Cu exploration program comprised prospecting, grab (rock) sampling and reconnaissance soil sampling and was undertaken over areas where previous work identified critical mineral prospectivity and also at locations highlighted by remote sensing work. At Jacob's Prospect (previously known as Jacob's Pond and Jacob's Twin), results include outcrop and angular float grab samples assaying 3.7%, 3.2%, 2.4% and 2.0% Cu, with numerous other Cu mineralized samples identified over a 1.5 km length and samples assaying up to 0.95% Zn. Rock types identified are mafic volcanics with massive, semi-massive and disseminated sulphide mineralization. Antimony (‘Sb’) grades up to 0.2% Sb are also present. The Cu mineralization is interpreted as being associated with an east-west trending splay off the Cape Ray Shear Zone, with many of the anomalous samples taken from an area 1.4 km north of the 2022 drilling at Jacob's Twin thereby extending the previously known anomalous copper zone significantly to the west-northwest by approximately 2 km. At King GeorgeProspect, results include outcrop and angular float grab samples assaying 3.7% and 2.4% Cu, with up to 0.9% Zn also encountered over an area of approximately 500 m x 500 m. The prospect lies in the area of an extensive geophysical anomaly. Rock types sampled are mafic volcanics with disseminated and fracture fill Cu and Zn mineralization. At Glenn's Prospect, the copper potential is supported by outcrop samples assaying up to 0.9 % Cu in the area surrounding the initial discovery outcrop. Rock types sampled are mafic volcanics and diabase hosting disseminations and fracture filling sulphide mineralization extending up to 750 m southwest of the initial discovery at Glenn's Prospect. At the newAnnie Prospect, located in the Annieopsquotch Mountains, outcrop and angular float boulder samples assayed up to 0.17% Cu and up to 1.4g/t Au. Satellite and remote sensing data had previously indicated the potential for critical mineral prospectivity over parts of the Annieopsquotch Mountains. The discovery of promoted copper values in this area based solely on remote sensing data gives confidence that this data set can be used to identify additional base and precious metals mineralization zones at Golden Rose for future exploration. Results from a soils program at the King George Prospect are pending. Tillkännagivande • Oct 23
TRU Provides Update on Golden Rose Project TRU Precious Metals Corp. provided an update on its Golden Rose Project . In August 2024, the Company completed the granting of an exclusive option to Eldorado Gold Corporation to earn an 80% ownership interest in Golden Rose, strategically located along the gold deposit-bearing Cape Ray Valentine Lake Shear Zone in Central Newfoundland. The financial backing of Eldorado, via the Option, is affording TRU the ability to undertake a detailed review of the potential of Golden Rose. The claims that comprise Golden Rose were consolidated over several years, and TRU is now conducting a project wide exercise to understand and update the discovery potential for gold and other minerals across the 300 sq. km project area. The review will methodically apply geoscience and exploration practices across the entire property package. The objective of the initial step in this methodical process, designed in conjunction with Eldorado, is to extract the maximum information and knowledge from existing project data which will be reassessed and verified, then infilled and updated or improved where required. This work, which has already commenced, includes infill and geochemical sampling, reinterpretation of magnetic survey data, prospecting, re-mapping, and re-examination of drill core. The wealth of information generated from this process will feed into preparation of a revised and refined geological and structural site-wide model, which will be utilized to generate a pipeline of quality drill targets across the property for prioritization and drilling. While it is expected that this rigorous and methodical assessment will result in the identification of multiple targets across the property, it is initially being focused on the northeast-trending `exploration fairway' between the Mark's Pond zone and the Rich House zone.Initial targeting in this area is expected to be completed by early 2025 with drilling planned to commence immediately thereafter. Tillkännagivande • Jul 17
TRU Precious Metals Corp. Commences Copper Exploration Program At Golden Rose TRU Precious Metals Corp. announced that its copper-focused exploration program at its Golden Rose Project in Western-Central Newfoundland is underway. As previously announced on April 18, 2024, exploration will be focused on the critical minerals associated with the deposit-bearing Cape Ray - Valentine Lake Shear Zone, with the view to developing a deeper understanding of the overall critical minerals potential at Golden Rose, and ideally to identifying drill targets for such minerals. While special emphasis is on copper exploration ("Cu"), the program will also investigate other critical minerals occurrences hosting nickel ("Ni") and zinc ("Zn"), which have been identified in previous exploration activities carried out by the Company. Exploration work will include prospecting, grab (rock) sampling, reconnaissance soil sampling and trenching over interpreted critical minerals anomalies determined through previous work by TRU, historical data compilation, and recently acquired high resolution satellite and remote sensing data over the entire property. Many of the planned target areas have had limited exploration to date as Golden Rose is a historically underexplored asset. Target areas for the exploration program will include locations for which exploration in 2021-2023 identified critical mineral anomalies in soils, rock samples and drill core. These areas include: Jacob's Pond (up to 3.42% Cu), Jacob's Twin (up to 11.0% Cu), Jacob's West (up to 1,094 ppm Cu in soils), Glenn's Prospect (up to 7.6% Cu), King George IV (up to 0.66% Cu and 1.33% Zn) and Bear Pond (up to 409 ppm Ni). The exploration program will also test a number of new opportunity areas which have been identified. Tillkännagivande • Apr 19
TRU Precious Metals Corp. Plans Critical Minerals Summer Exploration Program At Golden Rose Project TRU Precious Metals Corp. announced its intent to carry out an exploration program this spring and summer at its Golden Rose Project in Western-Central Newfoundland. Exploration will assess the critical minerals potential associated with the deposit-bearing Cape Ray Valentine Lake Shear Zone and will be copper -focused. The program will also investigate other critical minerals occurrences hosting nickel and zinc, which have been identified in previous exploration activities carried out by the Company. The objective of the exploration program is to develop a deeper understanding of the overall critical minerals potential at Golden Rose, supplementing the heightened prospectivity of Golden Rose for gold. The program will include prospecting, grab (rock) sampling, reconnaissance soil sampling and trenching over interpreted critical minerals anomalies determined through previous work by the Company, historical data compilation, and recently acquired high resolution satellite and remote sensing data over the entire property. Many of the planned target areas have had limited exploration to date. The 2021, 2022 and 2023 exploration seasons identified Cu and other critical minerals anomalies at numerous locations including: · Jacob's Pond, where numerous soil anomalies occur and grab samples assayed up to 3.42% Cu and 2.76 grams per tonne (g/t) gold ("Au"); · Jacob's Twin, where rock samples assayed up to 11.0% Cu, 14.3g/t Au and 368g/t silver ("Ag"), and drill results assayed up to 1.10% Cu, 0.87g/t Au and 46.60g/t Ag over 2.8 metres (m); Jacob's West, an area 750 m to 1.2 kilometres southwest of Jacob's Twin, where abundant Cu and lesser Zn in soil anomalies were identified; · Glenn's Prospect, located 2.9 km northeast along the Cape Ray Shear zone from Cu mineralization at Jacob's Pond and 4 km from Jacob's Twin, where bedrock grab samples assayed up to 7.6% Cu; · The King George IV Lake area, where grab samples assayed up to 0.66% Cu and 1.33% Zn; and · Bear Pond, where 2021 soil sampling identified an area of anomalous Ni with results up to 409 parts per million Ni. Reconnaissance-level government till sampling also returned an assay of 431 ppm Ni in this area. The 2024 exploration program, which will be fully funded from the Company's treasury, will further delineate and assess these anomalies in addition to identifying new opportunities. Copper is the world's third-most used metal and is widely used in construction, electronics, transportation, industrial machinery and equipment, and the medical sector. As a critical mineral, Cu is especially in high demand for the growing electric vehicle ("EV") market. Each EV requires two to four times more Cu than a conventional vehicle and the EV charging stations contain Cu as well. Analysts predict that Cu consumption from green energy sectors will grow five-fold by 2030 due to the growing EV market1. The Company has also scoped a drill program for its gold prospects across Golden Rose and is currently assessing the most advantageous time to undertake the program. Tillkännagivande • Apr 09
TRU Precious Metals Corp. Appoints Steven Agnew to Board of Directors TRU Precious Metals Corp. announced the appointment of Steven Agnew to its Board of Directors (the "Board") as the third and final Board nominee of Ormonde Mining Plc ("Ormonde"), the Corporation's larger shareholder, and as an additional independent director, subject to regulatory approval. Mr. Agnew is currently a Partner of Irwin Lowy LLP, a Toronto-based law firm. Mr. Agnew is a securities lawyer with close to twenty years of experience advising public and private companies on corporate finance, M&A, corporate governance, and regulatory compliance. Mr. Agnew received his Bachelor of Laws in 2005 from the University of Windsor, and a Bachelor of Arts from Bishop's University in 2001. Tillkännagivande • Dec 06
TRU Precious Metals Corp. Announces Further Copper and Gold Assays from Fall 2023 Prospecting at Golden Rose, Including 7.6% Cu and 3.1 a/t Au TRU Precious Metals Corp. announced further gold (Au) and copper (Cu) results from additional prospecting and bedrock sampling conducted on its Golden Rose Project ("Golden Rose") in Central Newfoundland. The fall 2023 prospecting and reconnaissance soil sampling program was focused on the discovery of new gold and critical minerals targets at Golden Rose and guided by recently acquired high resolution satellite and remote sensing data over the entire property. These additional grab sample results continue to prove the rich gold and copper endowment along the highly prospective Cape Ray-Valentine Lake Shear Zones. Technical Summary: TRU recently completed its fall 2023 exploration program and collected a number of bedrock (grab) samples from several locations along the Cape Ray-Valentine Lake Shear Zone with minimal to no historical exploration work. Bedrock samples collected along the CRSZ in the northeastern part of Golden Rose included dark grey to green, strongly chloritized and sheared mafic volcanics with abundant to massive chalcopyrite (varied from 3% to 15%), pyrite (2-3%), and minor malachite producing high grade copper results. Bedrock samples with rusty weathered surfaces collected on the southwestern shore of Victoria Lake along the VLSZ included fine grained meta-sandstone and siltstone with abundant veined pyrite, arsenopyrite, and stringer chalcopyrite. Sampling, QAQC, and Analytical Procedures: For the fall 2023 exploration program, all rock samples were either collected from outcrops (bedrock) or as float samples and put into sample bags with unique sample tags by TRU prospecting and geological staff. The exact location of the collected grab sample was taken using a handheld GPS unit and field notes were taken by TRU staff on lithology, structure, and mineralization. The rock samples were securely transported by TRU staff to Eastern Analytical Ltd.'s (Eastern Analytical) laboratory in Springdale, NL. Eastern Analytical is a commercial laboratory that is ISO/IEC 17025 accredited and independent of TRU. The laboratory pulverized 1,000 grams of each sample to 95% < 89 µm. Samples were analyzed using fire assay (30g) with AA finish and an ICP-34, four acid digestion followed by ICP-OES analysis. Samples sent to the lab with visible gold or assaying above 1.00 g/t Au were further assayed using Total Pulp Metallic analysis (metallic screening) to mitigate the presence of the nugget effect of coarse gold. Total Pulp Metallic Sieve Procedure: Crush entire sample to approximately 80% (-10 mesh). Total sample is pulverized to approximately 95% (-150 mesh) in 200-300g portions. Sieve all pulverized material through 150 mesh screen. The total (+150 mesh) fraction is all fire assayed as one sample and the weight recorded. The entire (-150 mesh) fraction is rolled to homogenize and stored in a plastic bag. The entire weight of the (-150 mesh) fraction is recorded. A 30g sample is fire assayed from the (-150 mesh) portion. The two fire assay results (+150 and -150 mesh) are calculated (with the total weight of the sample to provide a weighted average of the sample) and the weighted average Au result is reported. The TRU exploration programs are designed to be consistent with mining industry best practices and the programs are supervised by Qualified Persons employing a QAQC program consistent with requirements under the CIM Mineral Exploration Best Practice Guidelines (2018) and National Instrument 43-101 ("NI 43-101"). Tillkännagivande • Sep 20
TRU Precious Metals Corp. Extends High-Grade Gold Channel Sampling Results at Golden Rose, Including 14.6 g/t Au over 0.5 M and 5.7 G/T Au over 0.5 M TRU Precious Metals Corp. reported additional high-grade gold channel sampling assay results from its summer 2023 trenching program at its Golden Rose Project ("Golden Rose"), at the Mark's Pond target on mineral claims under option from Quadro Resources Ltd. The 2023 trenching and channel sampling program is a continuation of the trenching program that commenced in fall 2022 at Mark's Pond and led to the discovery of the Northcott Gold Zone. TRU collected approximately 400 channel samples from the main Northcott trench, and five additional trenches excavated to the northeast and southwest of the main Northcott trench. This includes the Northcott West Extension trench, which has exposed a further 25 m of the high-grade Northcott Gold Zone along strike to the southwest. Detailed mapping in the Northcott West Extension trench indicates the Northcott Gold Zone is approximately 3-6 m wide at surface, has a known strike length of at least 60 m, and is still open to the northeast and southwest. The high-grade gold mineralization within the Northcott East and West extension trenches is being interpreted as a highly mineralized shoot, the plunge and thickness of which still needs to be confirmed through drilling. The trenches were also structurally mapped by Terrane Geoscience ("Terrane") in late May 2023. Terrane concluded that the high-grade gold mineralization in the Northcott Gold Zone is mainly concentrated at the faulted, brittle-ductile deformed contact between the Rogerson Lake conglomerate and mafic volcanic units as the latter rocks are more competent allowing veining and mineralization to occur. Terrane recommended targeting this faulted contact along strike to identify additional gold zones, and drill testing the Northcott Gold Zone at an azimuth to the northwest (normal to the lithological contact) to confirm gold mineralization at depth. The Northcott Gold Zone trenches are located approximately 130 m northwest of the historically drilled, gold-bearing Mark's Pond Gold Zone. A high-resolution drone (UAV) imagery survey was completed by Insite Surveys of Burgeo, NL over all the trenches capturing the channel sampling locations in precise detail. The drone imagery has been georeferenced for structural mapping purposes and to precisely locate the channel samples for future geological modelling and resource estimation. The true width of the Northcott Gold Zone is unknown at this time. However, the rock units are subvertical indicating sampled widths are likely close to true width, and this will be confirmed during future drilling. The channel sample assay results continue to indicate that the quartz-carbonate veins and mineralized gold intervals within the Northcott Gold Zone tend to pinch and swell along strike, with high-grade widths ranging between 0.4 to 2.5 m. Associated alteration includes widespread sericite alteration within the highly strained fault zone and narrow zones of ankerite and chlorite alteration localized to the contact between the Rogerson Lake Conglomerate and mafic volcanic units. As noted earlier, gold mineralization remains open to the southwest and northeast of the current trench limits. TRU plans to continue mapping and prospecting of the mineralized contact between the Rogerson Lake Conglomerate and mafic volcanics to better understand the structural controls on gold mineralization in the Mark's Pond target area. The Mark's Pond target area is among the Company's claims under option from Quadro Resources Ltd. (the "Optionor") pursuant to an option agreement between the parties. Under such agreement, the Optionor will retain either a 49% interest or a 35% interest, as the case may be, in such claims depending on the extent, if any, to which TRU exercises its option. Tillkännagivande • Sep 07
TRU Precious Metals Corp. announced that it has received CAD 3 million in funding from Ormonde Mining plc On September 6, 2023, TRU Precious Metals Corp., closed the transaction. Tillkännagivande • Jul 06
TRU Precious Metals to Delist from LSE Alternative Investment Market and Euronext Growth TRU Precious Metals Corp. announced that it has entered into a binding subscription agreement (the 'Agreement') with Ormonde Mining Plc ('Ormonde'), with respect to a non-brokered private placement of the Company to be carried out by a wholly-owned subsidiary of Ormondefor gross proceeds of CAD 3,000,000 (the 'Offering'). Completion of the Offering is subject to Ormonde obtaining shareholder approval and delisting from both the LSE Alternative Investment Market ('AIM') and Euronext Growth, and subsequently to Ormonde completing such delisting. Completion of the Offering is also subject to the Company obtaining shareholder and TSX Venture Exchange approval. Tillkännagivande • Jul 01
TRU Precious Metals Corp. announced that it expects to receive CAD 3 million in funding from Ormonde Mining plc TRU Precious Metals Corp. announced a private placement and will issue 60,000,000 new common shares at an issue price of CAD 0.05 per share for a gross proceeds of CAD 3,000,000 on June 30, 2023. The transaction will include participation from new investor, Ormonde Mining plc. The investor to acquire an initial 36.2% controlling interest in the company share capital through a private placement. In addition to the proposed subscription, each new common share will have a 0.5 share purchase warrant attached, with each full warrant being exercisable to acquire one new common share in company at a price of CAD 0.075 for a period of 36 months following the closing date. The exercise of this option in full would increase investor’s equity holding in the company to 46%. The investors will appoint three directors to the company board of directors. The transaction is subject to investor’s shareholder approval. Tillkännagivande • Jun 08
Tru Reports on Trenching Progress At Mark's Pond High-Grade Gold Target At Golden Rose Project TRU Precious Metals Corp. provided an update on its trenching and channel sampling program at the Mark's Pond high-grade gold target at its Golden Rose Project ("Golden Rose" or the "Project") located in the highly prospective Central Newfoundland Gold Belt. Earlier this year, TRU reported high-grade gold channel sampling results from an initial Mark's Pond trench. Trenching and channel sampling at Mark's Pond began in mid-May and is expected to continue this month. Two 50-100 metre (m) long trenches have already been finished approximately 100 m to the southwest and 90 m to the northeast of the main Northcott Zone trench completed last fall. In addition, several 25-30 m long trench extensions or test pits have been added to further expand the known strike length of several gold-bearing graphitic shear zones with quartz-carbonate veins including the newly discovered Northcott Gold Zone (Figure 1). High grade gold mineralization appears to be most prominent at the contact between the Rogerson Lake Conglomerate and mafic volcanic units at this location. Gold panning of soil and till collected within or on the sides of these new trenches has identified a significant amount of pristine, fine-grained gold grains, especially next to newly uncovered shear zones and rock unit contacts. Visible gold has also been observed in bedrock exposed within these new trenches. Channel samples are being collected at 0.5 to 1 m continuous intervals in each trench (Figure 2) and include QAQC protocols. Assay results for the channel samples are still pending. Terrane Geoscience Inc. recently completed their structural mapping and analysis of the Mark's Pond trenches. Their structural analysis will be used for drill hole planning and understanding the subsurface nature of these mineralized and highly deformed shear zones at the contact between the Rogerson Lake Conglomerate and mafic volcanics. A new high-resolution drone (UAV) survey was also completed to capture the new trenches and will also be used for detailed mapping and modeling of the channel samples, rock units, and alteration and mineralized zones at surface. The high-resolution ground Magnetic-VLF data over the Mark's Pond target area has been received from GroundTruth Exploration and is currently being compiled into GIS and Leapfrog Geo for 3D geological modeling and interpretation. Combined, the high-resolution Mag-VLF and drone survey data, structural mapping data, and channel sampling results will provide the Company with a high degree of confidence when developing drill hole targets to intercept these mineralized zones at depth. Once the Mark's Pond trenching and channel sampling program has been completed, the exploration team will commence detailed prospecting and mapping in the Jacob's Pond-Twin Ponds area to identify new copper and gold occurrences for future trenching and drilling in this region of Golden Rose. The Mark's Pond target area is among the Company's claims under option from Quadro Resources Ltd. (the "Optionor") pursuant to an option agreement between the parties. Under such agreement, the Optionor will retain either a 49% interest or a 35% interest, as the case may be, in such claims depending on the extent, if any, to which TRU exercises its option. Finally, the Company is also reporting that on May 29, 2023, it was issued an additional 1,000,000 special warrants convertible into common shares of Eastern Precious Metals Corp. ("Eastern"), for no additional cost, in accordance with the terms of the Company's option agreement with Eastern. The Company understands that Eastern continues to advance its stock exchange listing process. The scientific and technical information disclosed in this news release has been prepared and approved by Paul Ténière, M.Sc., P.Geo., Vice President of Exploration for TRU, and a Qualified Person as defined in NI 43-101. Tillkännagivande • May 18
TRU Precious Metals Corp. Commences Exploration Field Season at Golden Rose Project TRU Precious Metals Corp. announced the start of its 2023 field exploration season at its 100% owned Golden Rose Project located in the highly prospective Central Newfoundland Gold Belt. In March 2023, the Company commissioned GroundTruth Exploration ("GroundTruth") of Dawson, YT to complete a high-resolution ground magnetometer-VLF (Very Low Frequency) geophysical survey (the "Mag-VLF survey") over the Mark's Pond area where the Company reported high-grade gold channel sample results as high as 57.6 g/t Au over 2.5m. The Mag-VLF survey was designed to potentially identify the extent of the shear zone hosting the high-grade Northcott Gold Zone to the northeast and southwest and to further investigate the potential for additional parallel shear zones and mineralized fault structures in the vicinity. TheMag-VLF survey is now complete with final interpreted results expected from GroundTruth within the next 2 to 3 weeks. Final geophysical results will be announced once received. The TRU exploration team has recently commenced field work at the Mark's Pond target area including the remaining channel sampling at the trench opened up in fall 2022. This will be followed by the completion of at least 3 to 4 new trenches at Mark's Pond spaced at least 100 m apart with the aim to potentially trace the Northcott Gold Zone and other parallel shear zones along strike in a NE-SW direction. The Company has also commissioned Terrane Geoscience Inc. ("Terrane") of Halifax, NS to complete a structural mapping and analysis program at the Mark's Pond and Jacob's Pond trenches by the end of May. Terrane will collect structural orientation data and characterize tectonic fabrics, veining, and any other structures that could potentially control mineralization. Combined, these programs aim to develop several priority diamond drill hole targets at Mark's Pond and Jacob'sond. Tillkännagivande • May 04
TRU Precious Metals Corp. announced that it has received CAD 0.5285 million in funding On May 3, 2023, TRU Precious Metals Corp. closed the transaction. The company has now issued 10,570,000 units at a price of CAD 0.05 per unit, for gross proceeds CAD 528,500. The transaction include participation from Insider for CAD 150,000 of the gross proceeds of the offering. The securities issued are subject to a statutory hold period expiring September 3, 2023. The offering is subject to final approval of the TSX Venture Exchange. The company has paid cash commissions equal to an aggregate of CAD 17,600, and an aggregate of 352,000 finder warrants, each of which entitles the holder thereof to purchase one share at a price of CAD 0.075 for a period of 36 months following the closing date. Board Change • Feb 15
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director David Hladky was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Feb 10
TRU Precious Metals Corp. Announces Executive Changes TRU Precious Metals Corp. announced the appointment of Manish Z. Kshatriya, CPA, CA, CPA (CO), ICD.D to its Board of Directors (the "Board") as Chairman of the Board and Audit Committee, subject to regulatory approval. Mr. Kshatriya is currently the Managing Director of a Toronto based Business Advisory firm providing executive management, governance and compliance oversight, and capital markets advisory services to small and mid- market private and publicly listed companies. He has over 20 years of progressive experience in corporate finance, governance, accounting, taxation, and auditing obtained in public accounting practice and industry. Mr. Kshatriya's extensive capital markets experience includes: the formation and development of mineral resource exploration companies from inception to initial public offerings; the formation and offerings of flow-through limited partnerships; raising capital; merger and acquisition activity; serving on private and public company boards; and, proxy contests. Most recently, and prior to his role as Managing Director, Mr. Kshatriya served as Director, President, Chief Executive Officer and Chief Financial Officer of a United States based mineral resources company that was listed both in the US and in Canada. Prior to that role, Mr. Kshatriya worked for a Toronto based, Canadian listed mining merchant bank where he served as Chief Financial Officer. Mr. Kshatriya earned his Bachelor of Commerce degree, with Honours in Accounting and Finance, from York University in Toronto. He is a graduate of the director's education program at the Institute of Corporate Directors at the Rotman School of Management, University of Toronto and is an institute certified director (ICD.D). He is a Chartered Professional Accountant (Chartered Accountant) and a member of the Institute of Chartered Professional Accountants of Ontario. He is also a Certified Public Accountant in the United States and a graduate from the Colorado State Board of Accountancy. To facilitate Mr. Kshatriya joining the Board, Mr. Colin Sutherland has resigned to reduce his overall business commitments. Tillkännagivande • Jan 28
TRU Precious Metals Corp. Announces Results from Soil Sampling Programs TRU Precious Metals Corp. announced the results from its soil sampling programs completed along the Jacob's Pond trend at its 100% owned Golden Rose Project (‘Golden Rose’ or the ‘Project’) located in the highly prospective Central Newfoundland Gold Belt. A total of 1,903 soil samples were collected in this region and include sampling completed during the 2022 field season to infill gaps in historical soil sampling coverage. The soil sampling programs were designed to identify new copper-zinc-lead and gold-silver mineralization and provide additional targets for TRU's 2023 exploration and drilling programs along Jacob's Pond. This target extends over 4 km and includes low- to high-grade critical minerals and gold-silver occurrences which have strong Induced Potential (IP) geophysical and soil anomalies. Soil sampling results have confirmed significant copper, zinc, lead, and gold anomalies in the Jacob's Pond, Twin Ponds, and Bear Pond areas at Golden Rose. Soil sampling geochemistry results have proven to be a highly effective exploration tool in identifying bedrock copper, zinc, lead, and gold-silver mineralization in Central Newfoundland. By following up on soil geochemistry anomalies through prospecting, geophysical surveys, trenching, and diamond drilling, significant mineral discoveries have been made throughout the Cape Ray - Valentine Lake structural corridor. The 2022 Jacob's Twin soil sampling grid was designed to extend the 2021 grid lines in the Bear Pond to Twin Ponds area an additional 700 to 1,050 m further southeast Soil geochemistry anomalies identified in 2021 were open to the southeast due to the limited length of the grid lines in this area. During fall 2022, a small follow-up infill soil sampling program was also carried out in an area of heightened interest on the Jacob's Twin grid, in order to tighten up soil grid line spacing to 50 m. The soil sampling results have confirmed a new, previously unrecognized area for further exploration southwest of Jacob's Pond within a splay off the Cape Ray - Valentine Lake Shear Zone, and the presence of an underlying regional structure that may host critical minerals such as copper and zinc, in addition to other minerals including lead, gold, and silver. The soil geochemistry anomalies southwest of Jacob's Pond appear to correspond with several heavily copper mineralized rock samples collected by TRU in 2022, including one rock sample which assayed 14.3 g/t gold (Au), 11% copper (Cu), 368 g/t silver (Ag) and 0.12% antimony (Sb). The soil samples were collected at 25 to 50 m spacing along 100 m spaced lines, and wherever possible soil samples were collected from the B-horizon soil layer. Each soil sample location was recorded using a hand-held GPS and the sample placed in a plastic bag with a unique sample ID tag. Soil samples were dropped off at either the SGS Canada (‘SGS’) laboratory in Grand Falls-Windsor, NL or the Eastern Analytical Limited (‘EAL’) laboratory in Springdale, NL for sample preparation, gold fire assay, and 34-element ICP analysis. Both laboratories are independent of TRU. Tillkännagivande • Jan 20
TRU Precious Metals Corp. (TSXV:TRU) acquired 14 mineral claims at its Golden Rose Project for CAD 0.27 million. TRU Precious Metals Corp. (TSXV:TRU) acquired 14 mineral claims at its Golden Rose Project for CAD 0.27 million on January 19, 2023. As consideration for the Acquisition, the Vendors were paid CAD 16,000 cash and were granted a 1% Net Smelter Returns Royalty in respect of the Acquired Claims, which royalty can be fully repurchased for CAD 1,000,000. In addition, in the event TRU delineates a Measured and/or Indicated Mineral Resource Estimate, completed in accordance with CIM and NI 43-101 standards and guidelines, equal to at least 1,000,000 ounces of gold (at a 1 g/t cut-off grade) contained within the Acquired Claims, TRU shall make an additional one-time cash payment of CAD 250,000 to the Vendors.TRU Precious Metals Corp. (TSXV:TRU) completed the acquisition of 14 mineral claims at its Golden Rose Project on January 19, 2023. Tillkännagivande • Jan 13
TRU Reports High-Grade Gold Channel Sampling Results from Mark's Pond Trench At Golden Rose Project, Including 57.6 G/T Au over 2.5 M, 34 G/T Au over 2 M & 23.5 G/T Au over 2 M TRU Precious Metals Corp. reported high grade channel sampling results from a recent trenching program conducted on TRU's claims under option from Quadro Resources Ltd. at TRU's Golden Rose Project ("Golden Rose'') in Central Newfoundland. The channel sampling program was completed on the Mark's Pond target located along the deposit-bearing Cape Ray-Valentine Lake Shear Zone, where the Company recently announced results of a grab sampling program that indicated high-grade gold potential. TRU collected a total of 159 channel samples within the recently excavated 275 m long trench, including 85 samples within a 23 m long easterly extension at the southern end of the trench along strike of a visible gold- bearing volcaniclastic and graphitic shear zone. This newly discovered high-grade gold zone has been named the "Northcott Gold Zone" to recognize the significant discoveries made by prospector Ed Northcott in this area. The trench at Mark's Pond is located approximately 130 m northwest of the historically drilled Mark's Pond Gold Zone. During TRU's fall exploration program, this historical trench was re-opened and extended to the north to test a second, multiple line, east-west trending historical gold-in soil anomaly that had not been previously trenched or drilled. A high-resolution drone (UAV) imagery survey was completed by Insite Surveys of Burgeo, NL over the entire trench also capturing the channel sampling locations in precise detail. The drone imagery has been georeferenced for structural mapping purposes and to precisely locate the channel samples for geological modelling purposes. The channel sampling program included the insertion of QAQC materials (certified reference materials, blanks, and field duplicates) at regular intervals by TRU geologists, and the samples were sent to Eastern Analytical Ltd. ("Eastern Analytical") in Springdale, NL for fire assay and ICP multi-element geochemistry analyses. Any channel samples returning a fire assay result greater than 1 g/t Au triggered a total pulp metallics analysis (metallic screening) of the sample to mitigate the presence of the nugget effect of coarse gold and to better characterize the coarse- and fine-grained gold fractions within these prominent gold bearing units. Complete fire assay and metallic screen analysis results for the channel samples collected in the Northcott Gold Zone. True width of the Northcott Gold Zone is unknown at this time. However, the rock units are subvertical indicating sampled widths are likely close to true width and this will be confirmed in future drilling programs. The channel sample assay results indicate that the structurally-complex graphitic zone with stockwork quartz- carbonate veins containing visible gold within the Northcott Gold Zone tends to pinch and swell along strike, with high-grade widths ranging between <1 to 2.5 m. Associated wall-rock alteration includes carbonatization and sericitization typical within orogenic gold deposits with steeply dipping brittle-ductile shear zones hosting native gold. A total of 74 channel samples were collected at several exposed bedrock locations along the rest of the trench, northwest of the Northcott Gold Zone, but returned no significant gold assay values. However, field crews were unable to complete channel sampling of the entire length of the trench due to the rapid onset of winter conditions. In spring 2023, TRU plans to channel sample all remaining low-lying (ponded) areas within the trench that may contain gold similar to that discovered in the southeastern part of the trench. As noted earlier, gold mineralization remains open to the southwest and northeast of the current trench limit. TRU plans to extend the southern part of the trench in both directions in spring and summer 2023 and complete channel sampling within these extensions and to the northwest in areas of the trench that remain unsampled. In addition, a detailed structural mapping program will be undertaken in the trench to characterize the veins, collect structural measurements, and understand any structural controls on gold mineralization in the Mark's Pond target area. All channel samples were cut using portable saws with diamond blades and cleaned thoroughly with fresh water prior to insertion into sample bags by TRU field staff. This trench and sample cleaning process was implemented to eliminate the possibility of sample contamination by overburden (soil and till). The exact location of the channel sample line was taken using a handheld GPS unit and indicated on a hand drawn trench map, and field notes were taken on lithology, structure, and mineralization. The exact locations of the channel samples were later correlated and georeferenced with the high precision drone survey imagery. The channel samples were securely transported by TRU field staff to Eastern Analytical, a commercial laboratory that is ISO/IEC 17025 accredited and independent of TRU. Eastern Analytical pulverized 1,000 grams of each sample to 95% < 89 m. Samples are analyzed using fire assay (30g) with AA finish and an ICP-34, four acid digestion followed by ICP-OES analysis. All samples with visible gold or assaying above 1.00 g/t Au were further assayed using total pulp metallic analysis (metallic screening) to mitigate the presence of the nugget effect of coarse gold. Eastern Analytical total pulp metallic sieve procedure: Crush entire sample to approximately 80% (-10 mesh). Total sample is pulverized to approximately 95% (-150 mesh) in 200-300g portions. Sieve all pulverized material through 150 mesh screen. The total (+150 mesh) fraction is all fire assayed as one sample and the weight recorded. The entire (-150 mesh) fraction is rolled to homogenize and stored in a plastic bag. The entire weight of the (-150 mesh) fraction is recorded. A 30g sample is fire assayed from the (-150 mesh) portion. The two fire assay results (+150 and -150 mesh) are calculated (with the total weight of the sample to provide a weighted average of the sample) and the weighted average Au result is reported. The TRU exploration programs are designed to be consistent with mining industry best practices and the programs are supervised by Qualified Persons employing a full QAQC program consistent with requirements under the CIM Mineral Exploration Best Practice Guidelines (2018) and National Instrument 43-101 ("NI 43-101"). Tillkännagivande • Dec 23
TRU Precious Metals Corp. announced that it has received CAD 0.617 million in funding TRU Precious Metals Corp. announced a private placement of flow-through units at a price of CAD 0.065 per FT Unit for gross proceeds of CAD 500,500 and hard dollar units at a price of CAD 0.055 per HD unit for gross proceeds of CAD 116,500 for total aggregate gross proceeds of CAD 617,000 on December 21, 2022. Each FT Unit is comprised of one flow-through common share and one half of one flow-through common share purchase warrant, with each full FT warrant entitling the holder thereof to purchase one common share at a price of CAD 0.10 for a period of 24 months. Each HD Unit is comprised of one share and one share purchase warrant, with each HD warrant entitling the holder thereof to purchase one share at a price of CAD 0.08 for a period of 36 months. In connection with the offering, the company paid cash commissions totaling CAD 38,885 and 609,000 finder warrants, each of which entitles the holder thereof to purchase one share at a price of CAD 0.10 for a period of 24 months following the closing date. The transaction is subject to approval of the TSX Venture Exchange.
The transaction included participation from insiders for HD Units accounted for CAD 45,000 of the gross proceeds of the
offering. Tillkännagivande • Nov 24
TRU Precious Metals Corp. Announces Visible Gold and High-Grade Gold Results from Rock Samples Collected in Mark's Pond and Rich House Targets At Golden Rose TRU Precious Metals Corp. announced high-grade gold results from a recent rock (grab) sampling program conducted on the Company's claims under option at its Golden Rose Project in Central Newfoundland. The bedrock and float grab sample results are very encouraging and indicate the high-grade gold potential at the Company's Mark's Pond and Rich House targets located along the highly prospective Cape Ray- Valentine Lake Shear Zone. The Company recently completed its fall exploration program where it collected a number of soil, till, and rock (grab) samples from various locations in the Mark's Pond and Rich House target areas, where historical exploration had identified several gold showings. Visible disseminated fine-grained and coarse-grained free gold was evident in panned soil and till samples, outcrops, and within several rock samples collected in the recently extended trench at Mark's Pond. A total of 3 bedrock grab samples were collected from newly-exposed outcrops in the Mark's Pond trench. A total of 5 bedrock grab samples were collected from outcrops at Rich House during recent prospecting to confirm historical gold results. Three float samples were also collected 575 m southeast of the Mark's Pond Gold Zone and returned assay results between 1.0 to 8.5 g/t Au. The anomalously high-grade gold result received at Mark's Pond (1,929 g/t Au) was returned from a 1.2 kg bedrock sample taken from a sheared volcaniclastic and graphitic unit with visible gold in the Mark's Pond trench. The TRU geologist collected three clean bedrock grab samples at various locations within the trench prior to commencing channel sampling. TRU instructed Eastern Analytical Ltd. ("Eastern Analytical") to complete a total pulp metallics analysis for each submitted sample due to the presence of coarse gold and the nugget effect potentially affecting a typical fire assay result. Because the screen metallic analysis for this sample returned an anomalously high gold value, Eastern Analytical completed several internal QAQC checks and reruns to verify the high-grade gold result was precise prior to its final release. Readers are cautioned that grab samples are selective by nature, and the gold values reported may not represent the true grade or style of mineralization at Mark's Pond. TRU has collected a series of channel samples within the recently excavated 275 m long trench including a 23 m long easterly extension at the southern end of the trench along strike of the gold-bearing volcaniclastic and graphitic shear zone. The trench is located approximately 130 m north of the historically drilled Mark's Pond Gold Zone. The Mark's Pond trench was extended to the north to test a second, multiple line, east-west trending historical gold-in soil anomaly that had not been previously trenched or drilled. A high-resolution drone (UAV) imagery survey has been completed by Insite Surveys of Burgeo, NL over the entire trench also capturing the channel sampling locations. The drone imagery has been georeferenced for structural mapping purposes and to precisely locate the channel samples for geological modelling. The TRU channel sampling program included the insertion of QAQC materials (certified standards, blanks, and field duplicates) and the samples have been sent to Eastern Analytical in Springdale, NL for fire assay and ICP multi-element geochemistry analyses with results still pending. Any samples returning a fire assay result greater than 1 g/t Au will automatically trigger a total pulp metallics analysis of the sample to mitigate the presence of the nugget effect of coarse gold and to better characterize the coarse- and fine-grained gold fractions within these prominent gold bearing units. Results from the channel sampling program at the Mark's Pond trench will be released once all fire assay and metallic screening gold results have been received from Eastern Analytical. Tillkännagivande • Oct 27
TRU Precious Metals Corp. Provides Exploration Update Including Additional Gold Targets at Golden Rose Project TRU Precious Metals Corp. provided an update on additional field work being completed across several key prospective areas at its Golden Rose Project in Central Newfoundland ("Golden Rose"). The Company is currently focused on completing trenching, soil, till, and rock sampling on the Golden Rose Project prior to the commencement of the winter season. Priority has been given to exploring highly prospective target areas based on both historical and recent exploration results and known geophysical anomalies. These areas include the Woods Lake gold zone ("Woods Lake"), Jacob's Twin gold-copper-silver discovery area and the recently optioned Staghorn property. At the Jacob's Twin target area, a comprehensive soil sampling program was conducted in early 2022. Soil samples were collected at a 25 metre (m) spacing along 100 m spaced lines. A coincident copper- gold soil anomaly was identified 750 m to 1.2 kilometres southwest of the recently announced Jacob's Twin gold-copper-silver discovery. Based on these findings, the Company decided to conduct an additional 50 m spaced infill soil sampling program to further delineate the newly identified copper-gold soil anomaly. Woods Lake and surrounding area: A total of 323 soil samples and 31 till samples were recently collected. Tillkännagivande • Sep 23
TRU Precious Metals Corp Opens Up New Copper-Gold-Silver Discovery At Golden Rose TRU Precious Metals Corp. announced assay results from a new drill discovery at its Golden Rose Project in Central Newfoundland ("Golden Rose"). The 13-hole, 2,147.4 metre ("m") drilling program focused on the Jacob's Pond area, principally the Jacob's Twin showing, one of the five grids property-wide where the Company recently completed an extensive IP Survey. The Jacob's Twin copper ("Cu") -gold ("Au") -silver ("Ag") discovery contains multiple intervals of quartz- carbonate-sulphide veining. The veining in hole JP-22-10 was discovered while drilling directly under a creek where a series of copper-gold bearing outcrops were found during 2022 summer exploration, with samples grading 1.10% to 4.19% Cu and 2.76 grams per tonne (g/t) Au. An upper mineralized zone in hole JP- 22-10 from 129m to 142.3m was followed by a lower 22.6m zone from 178.4m to 201m down hole depth, containing quartz-carbonate veining and copper mineralization, the lower 3.0m interval of which assayed 1.03% Cu, 0.71g/t Au, and 24.95g/t Ag from 193.45m to 196.45m. Jacob's Twin correlates with a high chargeability Alpha IP anomaly near the sheared contact with a flow banded rhyolite. Follow-up drilling, in final hole JP-22-13, approximately 15m down dip of hole JP-22-10, also intersected a mineralized vein system between 187.5m-199.5m down hole depth. The highlight of this zone assayed 1.10% Cu, 0.87 g/t Au, and 46.60 g/t Ag over 2.8m from 197 to 199.8m, including 1.14m at 2.19% Cu, 1.39g/t Au, and 108.3 g/t Ag from 198.66m to 199.8m. The Company continues to await final assay results for some holes peripheral to the primary mineralized zones, which are not expected to return significant values of mineralization. A second promising drill target is shaping up along the same structural trend approximately 750m to 1.2km to the southwest of the Jacob's Twin target area. This new target contains many highly anomalous Au and Cu soil anomalies in a tightly clustered grouping and along the same trend of anomalous IP chargeability. This area shows the potential for expansion of the mineralized system along a regional trend. Tillkännagivande • Aug 05
TRU Precious Metals Corp. Announces 2,000 Metre Drill Program At the Jacob's Pond Area of the Golden Rose Project TRU Precious Metals Corp. announced that an approximately 2,000 metre (m) diamond drill program is underway at the Company's Golden Rose Project ("Golden Rose'') located in the Central Newfoundland gold belt. The drilling will focus on the Jacob's Pond area, where the Company recently completed an extensive IP Survey to determine high-priority areas and targets. Drilling has commenced with a plan to complete approximately 10-12 diamond drill holes. The two key target areas dubbed Jacob's Main and Jacob's Twin will form the basis of this initial drilling. These areas have never been drilled before. Drill Targets Rationale: Mineralization can be directly correlated with the base of an extensive IP geophysical anomaly. Identification of approximately 75m section of creek bed containing numerous copper-gold (Cu-Au) bearing quartz veins and brittle fractures hosted by conglomerate. True thickness of the mineralized zone is estimated at approximately 15-20m based on intermittent outcrops. Summer 2022 grab sampling results include 6 out of 21 samples grading from 1.10% Cu to 4.19% Cu including one sample grading 3.42% Cu and 2.76 grams per tonne (g/t) Au. Conglomerate host rocks also contain frequent secondary copper rich (malachite) blebs after primary chalcocite/bornite. Mineralization occurs within and near the sheared contact between conglomerate and rhyolite. Tillkännagivande • Jun 04
TRU Precious Metals Corp. Provides Update on 2022 Exploration Program At Golden Rose Project TRU Precious Metals Corp. provided an update on its 2022 exploration program, previously announced on March 22, 2022, ongoing at the Company's Golden Rose Project ("Golden Rose'') located in the Central Newfoundland gold belt on the deposit-bearing Cape Ray-Valentine Lake Shear Zone. Soil Sampling: The soil sampling program is designed to identify new gold mineralization and provide additional targets for TRU's 2022 trenching and drilling programs at the developing Jacob's Pond target area at Golden Rose. The Jacob's Pond area is a target-rich corridor of low- to high-grade gold-copper-silver mineral occurrences which have strong IP geophysical anomalies and soil anomalies which extend over four kilometers. The work is focusing on completing and infilling gaps in soils coverage over the two primary deep seated structural corridors that have been delineated over much of the strike length running through the property. The program will collect about 3,000 samples, reduced from an initial 10,000 to reallocate funds to drilling. Approximately 1,000 of the samples will be conducted over the Jacob's Pond-Bear Pond structural corridor by extending grid lines from the 2021 soil sampling program to close off and fully define a multi-element (copper- lead-zinc-gold-silver) soil anomaly. The results of these samples will be incorporated into the upcoming Jacob's Pond drill program. The remaining approximately 2,000 samples will be done over the numerous known gold bedrock showings on which minimal previous geochemical or ground geophysical coverage is available, and which are located on primary, secondary or tertiary order structures which emanate from a crustal scale shear zone. Of particular interest in the southwest are the Glimmer Pond, Mink Pond and Falls Zone gold showings, which display a combination of quartz veining and/or regional silicification. Historical prospecting in the Glimmer Pond area did identify a quartz rich float sample with visible gold with a grab sample which assayed 213.8 grams per tonne (g/t) gold. Drilling: Drilling is anticipated to commence early in the third quarter and will focus on the Jacob's Pond area. Approximately 10 drill holes are proposed consisting of 2,000 metres. Tillkännagivande • May 26
TRU Precious Metals Releases 3D Model of IP Survey for Jacob's Pond Target Area at Golden Rose Project TRU Precious Metals Corp. announced additional results of its Induced Polarization (‘IP’) survey at the company's Golden Rose Project (‘Golden Rose’), further to its announcement of April 13, 2022. Golden Rose is located in the Central Newfoundland gold belt on the deposit-bearing Cape Ray-Valentine Lake Shear Zone. TRU retained Simcoe Geoscience Limited (‘Simcoe’) to deploy Simcoe's next-generation wireless, high- definition Alpha IP technology to conduct a survey comprising 56 line kilometres (km) of wireless time domain IP on newly-defined plus underexplored historical gold exploration targets at Golden Rose. The results in this press release pertain to the developing Jacob's Pond target area in the northeast of Golden Rose. Highlights of IP Survey of Jacob's Pond Include: Delineation of an open-ended 4-kilometer-long IP anomalous trend associated with copper-gold-silver- zinc-lead in soils, correlating with chalcopyrite in outcrop and in sheeted quartz veins along the Jacob's Pond trend. 1.6-km-long IP anomaly correlating with the primary high-grade Jacob's Pond and Rose Gold copper- gold-silver veins, significantly increasing the potential footprint of the mineralized zone. Drill target selection has commenced and permits for trenching and drilling at Jacob's Pond are pending. The 3D IP model shows the shape of the surface and subsurface regions which can hold an electric charge, referred to as an IP anomaly. This method, known as IP geophysics, is regularly used in gold exploration, where gold mineralization is associated with other metals in the ground which can hold an electric charge. The IP anomalies are represented as orange to pink-coloured regions, with hotter colours (pink) representing a stronger IP anomaly. The existence of gold-bearing rock samples collected from IP anomalies that reach the surface, upgrades the exploration potential of the IP anomalies and provides some context as to the potential size of the overall target. Not all IP anomalies are prospective, therefore, collecting soil samples above multiple IP anomalies can further narrow down areas of interest. If soil is analyzed and is shown to contain gold, plus other metals (such as copper, lead, zinc and silver), and those soil samples are situated above areas that can hold an electric charge, then those areas are assigned higher rankings as prospective targets. When several prospective targets are identified in this manner, exploration then moves to the trenching and drilling stage to define the geometry, grade and continuity of mineralized zones. Accordingly, drill target selection for TRU's 2022 drill program has commenced. On May 23, 2022, the field component of the IP survey concluded following the completion of the east Woods Lake area covering the underexplored Sure Shot and Hill Top historic gold showings which contained grab samples of shear hosted quartz veins grading 2.9 grams per tonne (g/t) gold at Sure Shot and 25.8 g/t gold at Hill Top. The analysis and interpretation phase of the IP survey is ongoing. 2021 Drill Program - Final Results Update: The company is also reporting that results from the final 6 holes of the 2021 drill program have been received; however, there are no additional gold assays of note. Tillkännagivande • May 20
TRU Precious Metals Corp. announced that it has received CAD 1.4688 million in funding On May 18, 2022, TRU Precious Metals Corp. closed the transaction. The company has issued 200,000 flow through units and 1,316,000 hard dollar units for gross proceeds of CAD 192,500 in its second and final tranche closing. The company paid finder's fee of CAD 13,335 and issued 105,000 warrants. The securities issued will be subject to hold period expiring on September 19, 2022. Tillkännagivande • May 14
TRU Precious Metals Corp., Annual General Meeting, Jul 21, 2022 TRU Precious Metals Corp., Annual General Meeting, Jul 21, 2022. Tillkännagivande • Apr 27
TRU Precious Metals Corp. announced that it expects to receive CAD 2.5 million in funding Trius Investments Inc. announced a non-brokered private placement for gross proceeds of up to CAD 2,500,000 on April 26, 2022. The company intends to raise gross proceeds of up to CAD 2,000,000 from the issuance of 12,500,000 flow-through units at a price of CAD 0.16 per unit and up to CAD 500,000 from the issuance of 4,000,000 hard dollar units at a price of CAD 0.125 per unit. Each flow-through unit will be comprised of one flow-through common share of the company and one flow-through common share purchase warrant, exercisable for one non-flow-through common share in the capital of the company exercise price of CAD 0.20 per share for a period of 24 months from the closing date. Each hard dollar unit will consist of one share and one common share purchase warrant exercisable for one additional share at a price of CAD 0.16 for 24 months from the closing date. Warrants are further subject to an acceleration clause, subject to accelerated expiry in the event the common shares trade at a 5-day volume-weighted average trading price at or above CAD 0.30. The company has the right to accelerate the warrants for exercise within 30 days of an exercise notice. The company will pay finders' fees equal to 7% of the gross proceeds raised from subscribers who were introduced by such finder, and number of non-transferrable finder warrants equivalent to 7% of the number of subscription receipts issued to such subscribers. Each finder warrant will entitle the holder to purchase one common share of the company at an exercise price of CAD 0.20 per share for a period of 24 months from the closing date. All securities to be issued will be subject to a hold period of four months and one day from the closing date. The transaction is subject to TSX Venture Exchange approval and is expected to close on or about May 17, 2022. Tillkännagivande • Apr 20
TRU Precious Metals Corp. Announces Management Changes TRU Precious Metals Corp. announced the following appointments of key executives to realigned management roles. To facilitate the accelerated execution of TRU's strategic vision and exploration plans, the Company has appointed its Chief Financial Officer, Olga Nikitovic, to also hold the office of President. She will now oversee all the Company's corporate and exploration functions on a day-to-day basis. The Company's Chief Executive Officer, Joel Freudman, will exclusively focus on setting TRU's strategy and leading capital markets initiatives, including corporate transactions and financing. The company thanked Stephen Lautens for having served as interim President during this period of transition who will be joining InvestorIntel Corp. as its new Publisher, Editor in Chief and Director. Tillkännagivande • Apr 14
TRU Precious Metals Corp. Announces Preliminary Results of Its Induced Polarization Survey at the Golden Rose Project TRU Precious Metals Corp. announced preliminary results of its Induced Polarization (IP) survey at the Golden Rose Project (Golden Rose). Highlights Include: The two Jacob's Pond bedrock gold showings, including a three-meter-wide quartz vein breccia system,have been directly detected by the IP as high-resolution chargeability zones that are larger at depth.Bedrock mineralization grading 3.9 grams per tonne (g/t) gold and 5.61 % copper in a grab sample appears to be directly associated with a large IP anomaly; A large and strong chargeability high located 900 metres southwest of the Jacob's Pond gold showings occurs directly below a cluster of three angular high grade float samples. A 2021 grab sample of this material by TRU personnel assayed 14.3 g/t gold, 368.0 g/t silver and 11.0% copper; The IP survey has now identified a continuous chargeability high, trending over approximately 2 km along strike, directly associated with a regional multi kilometer copper and gold soil anomaly. IP data has now been collected up to line 43; The strong IP chargeability appears to broaden at depth and is continuing to the northeast approaching the Rose Gold bedrock showing, where historic grab sampling returned 20.3 g/t gold, 1.79% copper and 5.3 g/t silver in a grab sample from a hand trench. Recent Insider Transactions • Apr 13
Co-Founder recently bought CA$56k worth of stock On the 11th of April, Joel Freudman bought around 431k shares on-market at roughly CA$0.13 per share. This was the largest purchase by an insider in the last 3 months. Joel has been a buyer over the last 12 months, purchasing a net total of CA$109k worth in shares. Tillkännagivande • Apr 08
Tru Precious Metals Corp. Drills More Gold At Golden Rose Project and Releases Woods Lake Gold Zone Model TRU Precious Metals Corp. announced new assay results from an additional 5 of the 22 holes completed during its 2021 winter dril program at its flagship Golden Rose Project in Central Newfoundland. In addition, TRU is releasing a longitudinal cross section model of the Woods Lake Gold Zone, which was the primary focus of that dril program. TRU has now reported on 16 holes in total, with assays from the remaining 6 holes stil pending. This includes 4 holes at the King George IV area and 2 holes at Woods Lake. Reported dril ing results at Woods Lake now define a primary gold zone that is 800 metres (m) in strike length (from holes WL-21-06 to WL-21-14) and is open both along strike and at depth. 1.51 grams per tonne (g/t) gold over 11m from 71.0m down hole in DDH WL-21-05, within a broader interval of 0.59 g/t gold over 38m from 49.0m depth down hole.Woods Lake has now been intersected in dril ing over 800m along strike. It remains open for expansion along strike and down dip, and the recent dril ing has begun to outline a potential southwest and southeast plunge. The dril program at Golden Rose consisted of a total of 22 HQ diamond dril holes for a total of 4,102.7m, covering both Woods Lake and KG4 . Golden Rose is a regional-scale 236 square kilometre (km) land package, including 45 km of strike length along the deposit-bearing Cape Ray - Valentine Lake Shear Zone, and is located directly between Marathon Gold's Valentine Gold Project and Matador Mining's Cape Ray Gold Project. Tillkännagivande • Mar 06
TRU Precious Metals Corp. Announces Assay Results from 5 of 22 Holes Completed Its 2021 Winter Drill Program At Its Golden Rose Project in Central Newfoundland TRU Precious Metals Corp. announced additional assay results from 5 of 22 holes completed during its 2021 winter drill program at its Golden Rose Project in Central Newfoundland (Golden Rose). Highlights: 12 metres (m) grading 1.01 grams per tonne (g/t) gold from drill hole WL-21-12; and 7m grading 1.71 g/t gold from drill hole WL-21-06, including 2.39 g/t over 4m. The drill program at Golden Rose consisted of a total of 22 HQ diamond drill holes for a total of 4,102.7m, covering both the Woods Lake Gold Zone prospect (Woods Lake) and the King George IV Lake area (KG4). Golden Rose is a regional-scale 236 square kilometre (km) land package, including 45 km of strike length along the deposit-bearing Cape Ray - Valentine Lake Shear Zone, and is located directly between Marathon Gold's Valentine Gold Project and Matador Mining's Cape Ray Gold Project. The new results at Woods Lake expand upon the gold rich felsic intrusive with mineralization consisting of anetwork of thin, quartz-pyrite-hematite-arsenopyrite veins, fractures and accompanying wall-rock sericitizationand silicification. Woods Lake is directly road accessible, with infrastructure including a high voltage powerline and paved highwaylocated just a few kilometers to the east. The zone has been drilled and partially delineated over approximately550m along strike. Historical drill intersections include 1.37 g/t gold over 26.31m (includes 6.18 g/t gold over5.11m) and 2.15 g/t gold over 12.6m (including 3.65 g/t gold over 6.0m).The Company has also received results from two exploratory drill holes at KG4 which did not return anysignificant gold values. These initial holes, which were the first ever drilled at KG4, were on weaker, secondaryIP targets, and were not targeting the large horseshoe shaped IP anomaly where a quartz stockwork containingchalcopyrite was noted in drill core.The Company has an additional 15 drill holes currently in for assay analysis and will report results are they arereceived and reviewed. Tillkännagivande • Feb 01
Tru Precious Metals Corp. Appoints Stephen Lautens as President TRU Precious Metals Corp. announced that, subject to regulatory approval, Stephen Lautens has been appointed President of the Company, effective February 1, 2022. He will be working alongside TRU's Co-Founder &CEO Joel Freudman as TRU advances its flagship Golden Rose Project in the prolific Central Newfoundland Gold Belt. Mr. Lautens has extensive experience as a mining executive and general counsel, in roles ranging from business development, corporate communications, writing, editing, compliance, and investor relations. He has previously served as a key member of management teams during the growth and successful sale of public and private corporations, including most notably a 7-year tenure as Vice President of Corporate Communications &General Counsel with TSX-listed Inter-Citic Minerals Inc. until its sale for $260 million to a large Chinese mining company. Mr. Lautens has operated internationally and possesses strong internal and external communications and presentation skills, combined with unique problem-solving disciplines derived from broad experience and legal training. He also has a long history of senior board participation in a wide variety of charitable and not-for-profit organizations. Mr. Lautens has a B.A. from University of Toronto and a J.D. from Queen's University. In his role as President, Mr. Lautens will work closely with TRU CEO Joel Freudman, supporting him in the Company's public-facing activities on a day-to-day basis. Leaving the role of President, Mr. Freudman continues to be active as TRU's CEO in order to focus his efforts on strategy and corporate initiatives for the Company. Tillkännagivande • Jan 12
TRU Precious Metals Corp. Announces That It Has Completed the Diamond Drill Program TRU Precious Metals Corp. announced that it has completed the diamond drill program, as previously announced on October 19, 2021, at its flagship Golden Rose Project in Central Newfoundland ("Golden Rose"). The drill program comprised a total of 22 HQ diamond drill holes for a total of 4,102.7 metres (m), covering both the Woods Lake Gold Zone prospect ("Woods Lake") and the King George IV Lake area ("KG4") of Golden Rose. The Company is also pleased to announce assay results from 2 of these holes. Golden Rose is a regional-scale land package covering approximately 236 square kilometres (km2) in the Central Newfoundland Gold Belt, including approximately 45 km of strike length along the deposit-bearing Cape Ray - Valentine Lake Shear Zone between Marathon Gold Corp.'s Valentine Gold Project to the northeast and Matador Mining Ltd.'s (Cape Ray Gold Project to the southwest. Tillkännagivande • Dec 17
TRU Precious Metals Corp. (TSXV:TRU) completed the acquisition of A Mineral License Contiguous with Golden Rose Project in Central Newfoundland Gold Belt. TRU Precious Metals Corp. (TSXV:TRU) entered into an asset purchase agreement to acquire A Mineral License Contiguous with Golden Rose Project in Central Newfoundland Gold Belt for CAD 0.05 million on November 15, 2021. Pursuant to the Purchase Agreement, TRU Precious Metals Corp. will pay the consideration as CAD 25,000 in cash and 135,000 common shares in the capital of TRU at a deemed price of CAD 0.16 per common share. All such common shares of TRU are subject to a hold period expiring four months and one day from December 15, 2021. TRU has also granted the vendor a 2.0% net smelter returns royalty from any future mineral production on the Purchased Assets, of which 1.0% can be repurchased by TRU for CAD 1,000,000. The acquisition of the Purchased Assets remains subject to customary conditions. The transaction is expected to be completed as soon as is practicable based on governmental claims transfer processing times and remains subject to regulatory approval by the TSX Venture Exchange.
TRU Precious Metals Corp. (TSXV:TRU) completed the acquisition of A Mineral License Contiguous with Golden Rose Project in Central Newfoundland Gold Belt on December 16, 2021. Tillkännagivande • Nov 27
TRU Precious Metals Corp. Confirms Second District-Scale Gold Trend Through Soil Sampling Program At Golden Rose Project TRU Precious Metals Corp. reported recently-received soil sampling results from its flagship Golden Rose Project (Golden Rose) in Newfoundland, Canada. Golden Rose is a regional-scale land package covering approximately 236 square kilometres (km2) in the Central Newfoundland Gold Belt, including approximately 45 km of strike length along the deposit-bearing Cape Ray - Valentine Lake Shear Zone between Marathon Gold Corp.'s Valentine Gold Project to the northeast and Matador Mining Ltd.'s (Matador) Cape Ray Gold Project to the southwest. The company has received almost all of the soils and rock analytical data collected during the 2021 field season, which has confirmed a new district-scale anomalous gold trend at Golden Rose over approximately 20 km of strike length. This data further solidifies the company's belief in the exploration potential of the shear zone/thrust fault contact between the Windsor Point Group and the King George IV ophiolite and the Rainy Lake complex gabbro along the northwest side of Golden Rose. The company also believes that the data confirms it has opened a new, previously unrecognized area for exploration. As the shear zone wraps around the ophiolites, the ophiolites appear to be structurally dissected, creating a distinct series of likely brittle second and third order structures. The structural architecture can be imaged in the aerial magnetic data. This will be a priority for expansion of future soil sampling to fully delineate the anomalous trend. At the north end of this newly identified regional trend, rock sampling from bedrock and from local float confirms a gold-copper signature at the Jacob's Pond gold prospect. Following along the Jacob's Pond trend to the southwest, in association with this anomalous soils data, TRU's field crews have collected several heavily copper mineralized samples including one sample which assayed 14.3 grams per tonne (g/t) gold, 11.0% copper, 368 g/t silver and 0.12% antimony. Executive Departure • Sep 08
Chief Financial Officer Robert Harrison has left the company On the 3rd of September, Robert Harrison's tenure as Chief Financial Officer ended. As of June 2021, Robert still personally held 248.55k shares (CA$68k worth at the time). A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 2.08 years. Tillkännagivande • Aug 19
TRU Precious Metals Corp. Encounters Gold in First Two Drillholes at its 100%-Owned Twilite Gold Project TRU Precious Metals Corp. announced initial assays from the first two holes of the 12 hole, Phase 1 diamond drilling program at its 100%-owned Twilite Gold Project in Central Newfoundland ("Twilite Gold''). Drilling focused on a previously identified target that the Company has now dubbed the "Fort Knox Gold Zone". Highlights from drill holes TL-21-16 and TL-21-17 include: Drilling confirms continuity of the gold zone 30 metres (m) down-dip from historic drill hole TL-99-14 and 70m down dip from historic hole TL-99-15, with similar grades and thickness. Some of the best intercepts include 11.5m with 1.03 grams per tonne (g/t) of gold (Au) in hole TL-21-17, and 10.5m with 1.07 g/t Au in hole TL-21-16. The gold zone is open downdip on these sections and along strike to the northwest, where no previous drilling has been done. Two gold zones have been encountered in hole TL-21-17, enveloping a black quartz breccia and at the sheared contact between the breccias and underlying graphitic sediments. The drill program also confirmed the northwest trend of the mineralization, directly associated with a shear zone outlined by geophysics as a prominent detailed magnetic low that is continuous for at least 600m. The 600m detailed magnetic low is part of a regional structural break that has been outlined for approximately 7 kilometres by airborne magnetics on Twilite Gold. Regional till geochemistry has previously indicated a gold plus multi-element NNW anomalous trend coincident with the structural break. Only 200m of the shear zone at Twilite Gold
has been tested by drilling to date, with results pending for 10 additional diamond drill holes. In hole TL-21-16, the uppermost gold mineralized zone is hosted by strongly bleached and iron carbonate altered mafic volcanics containing pyrite and arsenopyrite. The main gold zone is hosted by dark grey to black silicified breccia and continues across a sheared contact with graphitic sediments. In hole TL-21-17, the uppermost gold mineralized zone is at the upper contact with a grey to black silicified breccia, and the main gold zone, which correlates with the main zone in hole TL-21-16, is situated at the lower contact of the grey to black breccia and continues across the sheared contact with graphitic sediments. Separately, further to its July 30, 2021 press release, the Company is also providing an update on the final exploration results from its Gander West Property ("Gander West"), located approximately 16 kilometres from New Found Gold Corp.'s Queensway Project. As previously announced, all rock sample and soil geochemical results were already received, but TRU has now received the results of the nine outstanding Gander West till samples submitted to Overburden Drilling Management Limited ("ODM"). The company reported that ODM's gold grain analysis indicates visible gold grains in all nine of these samples. Pristine gold grains were recovered in seven samples, including 17, 12 and 11 pristine grains, respectively, in three of the samples. ODM has confirmed to the Company that this could be indicative of Gander West being fertile for gold exploration. The till samples had been collected around a large northeast elongated pond that was the site of a topographic lineament also indicated in the regional magnetic data as a potential fault structure. A more systematic program of till sampling is warranted to further delineate the potential head of the gold dispersal train, towards identifying a bedrock source. All NQ core is sampled, cut by core saw, and split by Company personnel, and put into bags with unique sample tags for identification. The bags are sealed with a security tag and are then transported directly to the lab by TRU staff. All rock samples are analyzed at Eastern Analytical Ltd. ("Eastern Analytical") of 403 Little Bay Road, Springdale, NL, a commercial laboratory that is ISO/IEC 17025 accredited and independent of TRU. Eastern Analytical pulverized 1000 grams of each sample to 95% < 89 m. Samples are analyzed using fire assay (30g) with AA finish and an ICP-34, four acid digestion followed by ICP-OES analysis. All samples with visible gold or assaying above 1.00 g/t Au are further assayed using metallic screen to mitigate the presence of the nugget effect of coarse gold. Standards and blanks are inserted at defined intervals for QA/QC purposes by the Company as well as Eastern Analytical. The TRU exploration program design is consistent with industry best practices and the program is carried out by qualified persons employing a QA/QC program consistent with National Instrument 43-101. Tillkännagivande • Jul 23
TRU Precious Metals Corp. (TSXV:TRU) completed the acquisition of additional five licences of Golden Rose Project in Central Newfoundland’s Gold Belt. TRU Precious Metals Corp. (TSXV:TRU) entered into an asset purchase agreement to acquire additional five licences of Golden Rose Project in Central Newfoundland’s Gold Belt for CAD 0.02 million on July 8, 2021. Under the transaction, vendors will receive an aggregate of 0.08 million common shares in the capital of TRU as consideration for the purchased assets. All TRU shares issuable under the Purchase Agreement will be subject to a hold period expiring four months and one day from the date on which such shares are issued. The acquisition of the purchased assets remains subject to customary conditions. The transaction is expected to be completed as soon as is practicable based on governmental claims transfer processing times and remains subject to regulatory approval by the TSX Venture Exchange.
TRU Precious Metals Corp. (TSXV:TRU) completed the acquisition of additional five licences of Golden Rose Project in Central Newfoundland’s Gold Belt on July 21, 2021. Tillkännagivande • Jun 25
TRU Precious Metals Corp. (TSXV:TRU) acquired Increased Land Position at Golden Rose Project in Central Newfoundland. TRU Precious Metals Corp. (TSXV:TRU) acquired Increased Land Position at Golden Rose Project in Central Newfoundland on June 24, 2021.
TRU Precious Metals Corp. (TSXV:TRU) completed the acquisition of Increased Land Position at Golden Rose Project in Central Newfoundland on June 24, 2021. Tillkännagivande • Jun 19
TRU Precious Metals Corp. announced that it has received CAD 3.49925 million in funding On June 18, 2021, TRU Precious Metals Corp. (TSXV:TRU) closed the transaction. The company will now issue 12,960,186 units. The transaction will include participation from Eric Sprott. The eligible finders will receive 1,036,814 units, each unit consists of one share and one share purchase warrant exercisable into one share at a price of CAD 0.35 per share until June 17, 2024. The securities issued in the offering are subject to a statutory hold period expiring October 18, 2021. Tillkännagivande • Jun 18
TRU Precious Metals Corp. Completes Soil Sampling Program at Its Rolling Pond Property Bordering New Found Gold's Queensway Project TRU Precious Metals Corp. announced that it has completed a property-wide soil sampling program at its Rolling Pond Property in the Central Newfoundland Gold Belt. The Rolling Pond property is contiguous with the south end of New Found Gold's Queensway project. New Found Gold reported drill intercepts on May 21, 2021 at the Queensway Project of 146.2 grams per tonne gold over 25.6 meters. The completed geochemical surveying program represents TRU's first phase of field work at the Rolling Pond property and consisted of extensive and detailed sampling (684 samples were collected). The sampling covered the large hydrothermal and quartz breccia system, which has been identified over a 1.2 km strike length but has never been subjected to a systematic soil geochemical survey. The sampling was positioned to expand upon a known soil geochemical anomaly near the south-central area of the property where a coincident multi element soil anomaly has returned gold values from 5 parts per billion (ppb) to 142ppb, one of two gold anomalous areas spanning a 500m length. The samples are being submitted to Eastern Analytical of Springdale, NL for gold fire assay and 34 element ICP geochemical analysis. Eastern Analytical is an independent accredited assay lab that conforms to requirements of ISO/IEC (International Organization for Standardization/International Electrotechnical Commission) 17025. Tillkännagivande • Jun 09
TRU Precious Metals Corp. Expands the Current Phase 1 Drill Program at Its 100% Owned Twilite Gold Project TRU Precious Metals Corp. announced that the Company is expanding the current phase 1 drill program at its 100% owned Twilite Gold Project ("Twilite Gold") in the Central Newfoundland Gold Belt to up to approximately 2,500 meters, further to its previous announcement on June 1, 2021. The drill target was previously identified by TRU during a detailed ground geophysical survey in November of 2020, as announced on December 8, 2020. Twilite Gold is strategically located on the mapped extension of the Cape Ray-Valentine Lake Shear Zone. Numerous advanced-stage gold exploration projects are currently underway along this district-scale shear zone, including Marathon Gold's multi-million-ounce deposit at Valentine Lake, and Matador Mining's Cape Ray deposit. The drill program will consist of approximately 10-15 NQ boreholes situated along a deep seated, multi kilometer,
west-northwest trending mineralized structure. The drilling will focus on an approximately 500m strike length section of this structure near the intersection with a northeast trending mineralized structure that is also
auriferous in historic drilling. The target mineralized structure appears as a prominent and deep-seated feature on geophysical 3D modeling images and will be drill tested to a maximum depth of approximately 350 m below
surface. After initial drill core observations are made, the core is transported to TRU's secure core logging facility where the core is being logged, marked for sampling and then split using a core saw. The samples will be shipped to Eastern Analytical assay lab in Springdale, Newfoundland for gold fire assay. Tillkännagivande • Jun 02
TRU Precious Metals Corp Announces That It Has Commenced A Minimum 1,200-Metre Drill Program At Its 100% Owned Twilite Gold Project in the Central Newfoundland Gold Belt TRU Precious Metals Corp. announced that it has commenced a minimum 1,200-metre drill program at its 100% owned Twilite Gold Project ("Twilite Gold") in the Central Newfoundland Gold Belt. The drill target was previously identified by TRU during a detailed ground geophysical survey in November of 2020. Twilite Gold is strategically located on the mapped extension of the Cape Ray-Valentine Lake Shear Zone. Numerous advanced-stage gold exploration projects are currently underway along this district-scale shear zone, including Marathon Gold's multi-million-ounce deposit at Valentine Lake, and Matador Mining's Cape Ray deposit. Twilite Gold is also located only 15 kilometres south of Grand Falls-Windsor, a town of approximately 15,000 which is the service and supply centre for central Newfoundland. Twilite Gold is easily accessible with an all-weather gravel road leading directly to the prospect. The drilling program is contracted to Logan Drilling Limited, based in Stewiack, Nova Scotia, who has supplied a Duralite 1000 drill and experienced drill crew for this program. The Twilite Gold Project was tested by 15 shallow drill holes in 1999 and only three holes were on the current target. All three boreholes intersected gold mineralization. The drill program will consist of six NQ boreholes situated along a deep seated, multi kilometer, west-northwest trending mineralized structure. The drilling will focus on an approximately 300m strike length section of this structure near the intersection with a northeast trending mineralized structure that is also auriferous in historic drilling. The target mineralized structure appears as a prominent and deep-seated feature on geophysical 3D modeling images and will be drill tested to a maximum depth of approximately 350 m below surface. Geologically, the gold mineralization on this structure has been found near the contact between stockwork quartz veined and sheared graphitic metasediments and sericitized, silicified and locally clay altered mafic volcanics. The volcanics and sediments are pervasively altered by iron carbonate and the volcanics contain fuchsite locally. Gold is associated with quartz veining and silicification containing sulphide mineralization, which predominantly consists of pyrite and arsenopyrite. Polished thin section examination identified fine grained copper-lead- antimony sulfosalts in association with pyrite and arsenopyrite. The presence of sulfosalt minerals is considered significant in that these often exhibit a close spatial association with bonanza grade gold mineralization. Tillkännagivande • Jun 01
Tru Precious Metals Announces Summer 2021 Exploration Program TRU Precious Metals Corp. announced the start of its summer 2021 exploration program across its district-scale land package in the Central Newfoundland Gold Belt. The initial program will commence with the Gander West and Twilite Gold projects, followed by additional work planned at the Rolling Pond and Golden Rose projects. The Golden Rose Project is a regional-scale land package covering 105 kilometres squared (km2) within the Valentine Lake structural corridor and is easily accessible via provincial highway and forest access roads. It is located between Marathon Gold Corp.'s ("Marathon") Valentine Gold Project to the northeast, where Marathon has reported 3.09 million ounces (Moz.) Measured and Indicated gold (Au) resources (comprised of 54.9 million tonnes (Mt) at 1.75 grams per tonne (g/t) Au) plus 0.96 Moz. Inferred Au resources (16.8 Mt at 1.78 g/t Au),1 and Matador Mining's Cape Ray Gold Project to the southwest, which also has a known gold deposit.2 TRU will embark on a multi-phase exploration program throughout the remainder of 2021 to further delineate the known areas of gold mineralization and test new zones. Highlights of recently uncovered gold occurrences (by the previous owners) which have yet to be tested by TRU include Rose Gold, Jacob's Pond and Jen's Pond. A summary follows: Rose Gold - A hand dug trench exposed a 30-40 centimetre wide quartz-vein/breccia hosted in sheared metavolcanics. Original grab samples assayed 18.8 g/t Au and 7.2 g/t Au. Follow up prospecting in 2019 returned a 20.2 g/t Au sample. Limited work has been done in the area, mostly soil sampling and prospecting, but no drill testing. Jacob's Pond - Several gold prospects in a cluster located on trend to the Rose Gold prospect; dominantly quartz-sulphide +/- calcite veins/breccia adjacent to a major fault zone. There was a notable grab sample assay of 3.38 g/t Au, 2.3% copper, 4.1 g/t silver from a massive sulphide vein in basalt, and another grab sample with 3.9 g/t Au and 5.61% copper. Jen's Pond - There is a large angular boulder cluster located on the edge of a pond. Grab sample values returned up to 4.2 g/t Au. Dominantly quartz calcite with varying concentrations of pyrite, arsenopyrite (up to 50%), chalcopyrite and galena. Tillkännagivande • May 26
TRU Precious Metals Corp. Advances Phase One Exploration Program at Gander West Property TRU Precious Metals Corp. announced that it has recently commenced its inaugural mapping, soil sampling, till sampling and prospecting program at its Gander West exploration property in Central Newfoundland. The wholly owned Gander West Property consists of 120 claims covering 3,000 hectares of prospective ground. The Gander West Property is located near the Trans-Canada Highway and approximately 16 kilometres (km) from the Keats zone at New Found Gold Corp.'s Queensway Project, where New Found Gold reported drill intercepts on May 21, 2021 of 146.2 grams per tonne gold over 25.6 meters. The Gander West Property is mostly unexplored and is located in the midst of a well-known gold belt, along a strong NE-SW structural lineament within a magnetic-low corridor, and immediately south of a prominent magnetic-high anomaly. High-grade gold occurrences (>50g/t Au in grab samples) occur in quartz veins 2.5 km southwest of the Gander West Property.2 Additionally, a high-grade gold occurrence known as Little Joanna occurs approximately 5 km along strike to the northeast. Historic grab sampling from Little Joanna returned values ranging from 40 parts per billion (ppb) Au to 734 g/t Au.3 The local geological features and nearby showings are set out in the two images below. The Gander West Property is already permitted for exploration, including ground geophysics, geochemical surveys, and prospecting. TRU expects this limited field program to yield valuable geological and geochemical data to aid in defining targets for a more detailed phase two follow-up. The presence of high-grade gold occurrences along strike both northeast and southwest of Gander West, elevated lake sediment geochemistry on the property, and the prominent topographical and geophysical lineament along the full 10 km length of the property, presents a solid model for initial groundwork. Tillkännagivande • May 21
TRU Precious Metals Corp. announced that it expects to receive CAD 3.5 million in funding Trius Investments Inc. (TSXV:TRU.H) announced a non-brokered private placement of 12,962,963 flow-through units at a price of CAD 0.27 per FT Unit for gross proceeds of CAD3,500,000 on May 20, 2021. Each flow-through unit will comprise of one common share and one non-flow-through common share purchase warrant. Each Warrant shall be exercisable into one common share at a price of CAD 0.35 per common share for a period of 36 months from the date of closing of the Offering, currently anticipated to occur next week. The transaction will include participation from new investor for CAD 2,000,000 on post completion. The company announced that the transaction is subject to completion of necessary documentation and is conditional upon receipt of the approval of the Exchange. 
