Investee Company Update: TRU Precious Metals
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17 December 2024
Ormonde Mining plc
("Ormonde" or the "Company")
Investee Company Update: TRU Precious Metals
TRU publishes corporate presentation: "Advancing Golden Rose"
Ormonde Mining plc (AQSE: ORM), the natural resources company with investment exposure to outstanding gold and battery metal exploration assets in Newfoundland and Scotland, notes its 36.3%-owned investee company TRU Precious Metals Corp. (TSXV: TRU, OTCQB: TRUIF) ("TRU"), which is exploring for gold and copper in the highly prospective Central Newfoundland Gold Belt in Canada, has published an updated corporate presentation.
The presentation summarises, inter alia, the significant advantages of the Golden Rose Project, which is targeting discovery on a proven gold-bearing trend, highlighting new exploration target potential and maiden gold-focused drilling due to commence in 2025.
The TRU presentation can be viewed on the Corporate Presentation page in the Investors section of the TRU website at https://www.trupreciousmetals.com/.
Enquiries:
Ormonde Mining plc
Brian Timmons, Chairman / Brendan McMorrow, CEO
Tel: +353 1 8014184
Vigo Consulting (Investor Relations)
Ben Simons / Fiona Hetherington
Tel: 44 (0)20 7390 0230
Peterhouse Capital (Aquis Corporate Adviser)
Tel: +44 (0)20 7469 0930
About Ormonde Mining
Ormonde is a natural resource company which provides its shareholders with exposure to quality and diverse assets across a range of strategic minerals. Ormonde's portfolio includes an initial 36.3% interest in TRU Precious Metals (TSXV: TRU), which is exploring for gold and copper in the highly prospective Central Newfoundland Gold Belt in Canada, and a 19.2% interest in Peak Nickel Limited, giving Ormonde targeted exposure to a high-grade battery metals project in the UK.
TRU is exploring for gold and copper in the highly prospective Central Newfoundland Gold Belt on its 100%-owned Golden Rose project, a regional-scale 264.25 km2 land package including 45 km of strike length along the deposit-bearing Cape Ray - Valentine Lake Shear Zone, directly between Calibre Mining's Valentine Gold Project and AuMEGA Metals' Cape Ray Gold Project. The Golden Rose Project is currently optioned-out to TSX-listed Eldorado Gold Corporation.
Peak Nickel's Rodburn Project in Aberdeenshire is in a tier one jurisdiction with indications of significant size.
Ormonde's shares are quoted on the Aquis Stock Exchange Growth Market under the symbol AQSE: ORM.
For more information, visit the Company's website at www.ormondemining.com.
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