11:41 AM EDT, 07/05/2024 (MT Newswires) -- Rua Gold ( NZAUF ) on Friday reported the five-year extension of its permit and land access for drilling at the Reefton project in New Zealand.

The company said the extension provides full access to carry out an extensive drill campaign on 37 drill sites and includes the building of necessary infrastructure, including camps and pumping stations.

Rua said it has begun a near mine drilling program, with five targets in the Murray Creek area, as the first step of the campaign.

The company's shares were last seen up $0.005 to $0.20 on the TSX Venture Exchange

Price: 0.20, Change: +0.01, Percent Change: +2.56