Company Interviews

TRU Precious Metals (TRU) - Newfoundland Explorer Set for Success


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TRU Precious Metals has assembled a portfolio of five gold exploration properties in the highly prospective Central Newfoundland Gold Belt. These properties are in prime locations beside some prominent neighbours. They are well financed and the company is looking to get the story out to the market.

The Golden Rose Project is their flagship asset and the reason that TRU likes the project so much is that it is on the Valentine sheer zone which is a geological corridor that transects the full length of the project, hosting over 45 km of prospective strike length for gold mineralization. This project is situated in a 400 km gold-bearing corridor and is easily accessible via provincial highway and forest access roads. The project is also right next door to two prominent gold deposits.

There have been drilling programmes at the Golden Rose project in the past and there is a lot of historical data from these drill results, geophysics and trenching work in addition to a 43-101 technical report which has been published on the asset.

TRU also has the Twilite Gold Project where they are currently drilling which shares many characteristics with Sokoman Mineral’s high-grade Moosehead Gold Project, located ~30 km northeast. There are historical exploration results at three different identified prospects that bode well for future exploration or resale opportunities.

Besides it’s core assets Golden Rose and Twilite, TRU holds additional, large land positions in the Central Newfoundland Gold Belt: the Rolling Pond Property, the Stony Lake Property and Gander West.

TRU is keen to keep the market up to date with their news and results and they are keen to move forwards with targeted exploration and to add more mining executives to the team. They will also consider future property transactions, especially those which would potentially consolidate their current land holdings.

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