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RUA GOLD Provides Exploration Update and 2026 Outlook for the Auld Creek Gold- Antimony Project, Reefton Goldfield

Exploration Programs

RUA GOLD Provides Exploration Update and

2026 Outlook for the Auld Creek Gold-

Antimony Project, Reefton Goldfield

Vancouver, British Columbia--(Newsfile Corp. - January 19, 2026) - Rua Gold Inc. (TSXV: RUA)

(OTCQB: NZAUF) (WKN: A40QYC) ("

RUA GOLD

" or the "

Company

") is pleased to provide an

exploration update on its Auld Creek gold-antimony project in the Reefton Goldfield, New Zealand, and

to outline the key permitting catalysts for 2026.

Highlights:

The Company is ramping up permitting related activities,

targeting inclusion on the list of

projects eligible for New Zealand’s FAST TRACK process in the first half of 2026

Highlighted assay results from Auld Creek include:

ACDDH050: 3.0m @ 21.27 g/t AuEq

1

(4.5 g/t Au & 3.9% Sb) from 137m

Including 2.0m @ 27.4 g/t AuEq

1

(5.2 g/t Au & 5.5% Sb)

ACDDH055: 3.4m @ 4.18 g/t AuEq

1

(2.6 g/t Au & 0.4% Sb) from 152.7m

ACDDH056: 5.1m @ 7.27g/t AuEq

1

(5.3 g/t Au & 0.5% Sb) from 240.4

Three drill rigs are operating from January, accelerating progress and testing extensions 400m

north of the Fraternal lode and 250m northwest of the Bonanza lode.

Further drilling has increased the strike length of the deposit a further 250m to 870m

length, remains open along strike to the north and at depth via plunging ore shoots.

Scout drilling is being mobilized to test the full 2,500m strike length of the surface gold-arsenic-

antimony soil geochemical anomalies.

RSC Consulting has been engaged to prepare an updated NI 43-101 Reefton Technical Report,

scheduled to be published in February 2026 and incorporating drilling to date.

Tendering underway for works to support a Preliminary Economic Assessment (“PEA”).January

19, 2026.

Encouraging new mineral intersections confirm expansion of the Auld Creek system beyond 870m

(Fraternal lode), with mineralization remaining open to the north and unconstrained at depths exceeding

320m. A third drill rig is scheduled to commence drilling by the end of January, accelerating resource

development and testing anomalies directly along strike of both the Fraternal and Bonanza lodes.

The Company has significantly advanced permitting activities in the region and is targeting submission

of a Fast Track referral application in the first half of 2026. Consultant and stakeholder site visits

commenced in December 2025, with the majority of the independent advisors scheduled to visit the Auld

Creek site and surrounding areas in January 2026.

Robert Eckford, CEO of RUA GOLD, commented:

"Auld Creek continues to be a cornerstone asset for

the Company. Ongoing drilling is expanding both the scale and confidence of the mineralized system

as we advance toward mine permitting.

We intend to use the FAST TRACK legislation for the Auld Creek gold-antimony project, with the

objective of bringing New Zealand's largest known antimony deposit into production. Our confidence

in this permitting regime was reinforced by the approval of OceanaGold's Wharekirauponga gold-

silver project in December 2025."

Figure 1: Overview of the Reefton Goldfield.

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/10755/280793_0718bd3f04ddc9b5_007full.jpg

FAST TRACK PROCESS ADVANCING

RUA GOLD is actively progressing permitting related activities on the West Coast of New Zealand, with

the team targeting submission of a Fast Track referral application in the first half of 2026.

Engagement with our local Maori stakeholders, Te Runanga o Ngāti Waewae has been ongoing with

respect to exploration activities and future development plans. Ngāti Waewae are strong supporters of

the project and will work closely with the Company throughout the Fast Track process, including assisting

with cultural impact assessments.

The mine concept design was completed in 2025 by engineering firm AMC Consultants, and the

Company is currently tendering works to support the upcoming PEA. Community and regulatory

consultations have commenced and will intensify throughout 2026. Subject to a successful referral

application, the Company is targeting submission of the Fast Track application by the end of 2026.

AULD CREEK EXPLORATION UPDATE

The 2025 systematic drill program was designed to expand the scale of known mineralization and

enhance confidence in the geological and resource model. Drilling has successfully demonstrated strike

continuity of the Fraternal lode over 870m, with mineralization remaining open to the north and

unconstrained at depth.

A central portion of the structure remains untested; the expansion to three drill rigs and implementation of

double-shift operations will allow this zone to be tested in the first quarter of 2026.

Figure 2: Auld Creek Fraternal long section

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/10755/280793_0718bd3f04ddc9b5_008full.jpg

Drilling and geological interpretation indicate that higher-grade mineralized shoots persist in a sub-

vertical orientation. Drilling in 2026 will focus on extending these shoots at depth and infilling the

resource envelope over its 870m strike length.

Assay results show:

ACDDH040: 0.8m @ 2.6 g/t Au & 0.5% Sb

ACDDH047: 3.0m @ 2.7 g/t Au

ACDDH047: 7.0m @ 1.34 g/t Au

ACDDH050: 3.0m @ 4.5 g/t Au & 3.9% Sb

ACDDH055: 3.4m @ 2.6 g/t Au & 0.4% Sb

A

CDDH056: 5.1m @ 5.3 g/t Au & 0.5% Sb

ACDDH041, ACDD042, ACDDH043, ACDDH044, ACDDH045, ACDDH046, ACDDH048,

ACDDH049, ACDDH051 and ACDDH057 intercepted the structure, with only weak mineralization.

Collectively, these results materially advance the Company's understanding of the Auld Creek system,

demonstrating its scale and structural continuity, and provide clear vectors to guide subsequent drilling

focused on expanding higher-grade mineralization along plunge to the north and at depth, where drilling

to date has not yet exceeded 320m vertically. Comparable orogenic gold-antimony deposits commonly

demonstrate continuity of mineralisation well beyond 1,000m vertically.

MAPPING AND SURFACE GEOCHEMISTRY

Fraternal Lode

Surface gold-arsenic-antimony soil anomalism demonstrates that the

Fraternal lode

extends at least

400m to the north, with soil tenor comparable to the main Auld Creek resource zone. Regional soil gold-

arsenic-antimony geochemistry demonstrates a mineralised structure exceeding 2,000m in length.

The third rig introduced in January 2026 will conduct scout drilling along this strike length of the Fraternal

lode during the first half of 2026.

Bonanza Lode

Surface geological mapping guided by strongly anomalous gold-arsenic antimony soil sampling has

identified strong mineralised quartz veining 250m northwest of the

Bonanza lode,

extending its stroke

length from 350m to 600m. This area will be a priority drilling target in Q1 2026.

Figure 3: Location of Auld Creek drilling relative to 2,000m strike extent seen in the surface

geochemistry.

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/10755/280793_0718bd3f04ddc9b5_009full.jpg

REGIONAL OPPORTUNITIES

Auld Creek represents one of at least six known occurrences of gold-antimony with high-grade gold-

antimony in insitu rock chips and historical underground workings stretched over a known 30km length in

the Reefton Goldfield covered by Rua Gold's permits. A fourth drill rig continues to evaluation high-

priority gold targets beyond Auld Creek.

ABOUT RUA GOLD

RUA GOLD is an exploration company, strategically focused on New Zealand. With decades of

expertise, our team has successfully taken major discoveries into producing world-class mines across

multiple continents. The team is now focused on maximizing the asset potential of RUA GOLD's two

highly prospective high-grade gold projects.

The Company controls the Reefton Gold District as the dominant landholder in the Reefton Goldfield on

New Zealand's South Island with over 120,000 hectares of tenements, in a district that historically

produced over 2Moz of gold grading between 9 and 50g/t.

The Company's Glamorgan Project solidifies RUA GOLD's position as a leading high-grade gold

explorer on New Zealand's North Island. This highly prospective project is located within the North

Islands' Hauraki district, a region that has produced an impressive 15Moz of gold and 60Moz of silver.

Glamorgan is adjacent to OceanaGold Corporation's biggest gold mining development project,

Wharekirauponga, which is now fully permitted and under construction.

For further information, please refer to the Company's disclosure record on SEDAR+ at

www.sedarplus.ca

.

TECHNICAL INFORMATION

Simon Henderson CP, AUSIMM, a qualified person under National Instrument 43-101

Standards of

Disclosure for Mineral Projects

and Chief Operating Officer and a director of RUA GOLD, has reviewed

and approved the technical disclosure contained herein. Mr. Henderson has participated in the

geochemical sampling, and mapping programs to verify that they have been conducted in accordance

with standard operating procedures. Mr. Henderson has verified the data disclosed by running checks

on the location, analytical, and test data underlying the information or opinions in the technical disclosure

herein.

QA/QC Drill Core

Core samples were sent to SGS Laboratories, Westport for sample preparation. SGS is independent of

the Company.

Samples were crushed and pulverized to 85% passing 75 µm. The pulverized rock-chips

were split into two samples: a ~50 g sent for laboratory analysis, and the reject returned to RGL for pXRF

analysis and storage. Pulverized rock-chip samples were analyzed for gold (Au) by 50-g fire assay with

AAS finish at SGS Waihi (SGS Code FAA505); and for antimony (Sb) by Sodium Peroxide Fusion

Analysis by ICP-MS at SGS Waihi.

QA/QC Soil and Rock Samples

Samples were crushed to 75% passing 2 mm (SGS code CRU75) and pulverised to 85% passing 75

µm (SGS code PUL85_CR). The pulverised rock-chips were split into two samples: a ~50 g sent for

laboratory analysis, and the reject returned to RUA GOLD for pXRF analysis and storage. Rock chip

samples are selective by their nature, and not necessarily indicative of mineralization throughout the

project.

RUA GOLD Contact

New Zealand

Simon Delander

VP Risk Stakeholder Regulatory Affairs

Email:

[email protected]

Website:

www.RUAGOLD.com

Canada

Robert Eckford

Chief Executive Officer

Email:

[email protected]

This news release includes certain statements that may be deemed "forward-looking statements". All

statements in this new release, other than statements of historical facts, that address events or

developments that the Company expects to occur, are forward-looking statements. Forward-looking

statements are statements that are not historical facts and are generally, but not always, identified by the

words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and

similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur and

specifically include statements regarding: the Company's strategies, expectations, planned operations

or future actions, including but not limited to exploration programs at its Reefton and Glamorgan projects

and the results thereof. Although the Company believes the expectations expressed in such forward-

looking statements are based on reasonable assumptions, such statements are not guarantees of future

performance and actual results may differ materially from those in the forward-looking statements.

Investors are cautioned that any such forward-looking statements are not guarantees of future

performance and actual results or developments may differ materially from those projected in the

forward-looking statements. A variety of inherent risks, uncertainties and factors, many of which are

beyond the Company's control, affect the operations, performance and results of the Company and its

business, and could cause actual events or results to differ materially from estimated or anticipated

events or results expressed or implied by forward looking statements. Some of these risks, uncertainties

and factors include: general business, economic, competitive, political and social uncertainties; risks

related to the effects of the Russia-Ukraine war; risks related to climate change; operational risks in

exploration, delays or changes in plans with respect to exploration projects or capital expenditures; the

actual results of current exploration activities; conclusions of economic evaluations; changes in project

parameters as plans continue to be refined; changes in labour costs and other costs and expenses or

equipment or processes to operate as anticipated, accidents, labour disputes and other risks of the

mining industry, including but not limited to environmental hazards, flooding or unfavorable operating

conditions and losses, insurrection or war, delays in obtaining governmental approvals or financing, and

commodity prices. This list is not exhaustive of the factors that may affect any of the Company's forward-

looking statements and reference should also be made to the Company's short form base shelf

prospectus dated July 11, 2024, and the documents incorporated by reference therein, filed under its

SEDAR+ profile at

www.sedarplus.ca

for a description of additional risk factors.

Forward-looking statements are based on the beliefs, estimates and opinions of the Company's

management on the date the statements are made. Except as required by applicable securities laws,

the Company undertakes no obligation to update these forward-looking statements in the event that

management's beliefs, estimates or opinions, or other factors, should change.

Table 1: Location of Auld Creek drill holes from RUA 2024-2025 program

Hole ID

Easting

Northing

rL

Total Depth

Site _ID

Dip

Azimuth (true)

Year

ACDDH022

1507213

5333198

511.11

108.5

Pad 10

-54

193

2024

ACDDH023

1507213

5333200

510.87

51.5

Pad 10

-60

85

2024

ACDDH024

1507290

5333150

538.41

156.3

Old Pad 13

-37

220

2025

ACDDH025

1507290

5333151

538.03

180.9

Old Pad 13

-54

248

2025

ACDDH026

1507291

5333151

537.77

200

Old Pad 13

-59

231

2025

ACDDH027

1507291

5333150

538.15

193.4

Old Pad 13

-45

212

2025

ACDDH028

1507078

5332957

605.4

243.5

Pad 18

-50

104

2025

ACDDH029

1507079

5332956

605.43

256

Pad 18

-50

120

2025

ACDDH030

1507074

5332955

606.38

268.5

Pad 18

-53

85

2025

ACDDH031

1507074

5332955

606.24

336

Pad 18

-65

74

2025

ACDDH032

1507075

5332956

606.15

351.6

Pad 18

-70

108

2025

ACDDH033

1507076

5332956

606.13

291.1

Pad 18

-64

92

2025

ACDDH034

1507213

5333197

511.61

200

Pad 10

-72

267

2025

ACDDH035

1507209

5333371

511.61

194.3

Pad 02

-53

85

2025

ACDDH036

1507209

5333371

511.61

200.8

Pad 02

-60

125

2025

ACDDH037

1507209

5333371

511.61

189.3

Pad 02

-62

49

2025

ACDDH038

1507209

5333371

511.61

154.3

Pad 02

-67

72

2025

ACDDH039

1507209

5333371

511.61

188

Pad 02

-75

60

2025

ACDDH040

1507209

5333371

511.61

238.7

Pad 02

-67

39

2025

ACDDH041

1507195

5333291

512.26

154

Pad 04

-45

270

2025

ACDDH042

1507166

5332776

656

206.1

Pad 17

-45

120

2025

ACDDH043

1507195

5333291

512.26

207.3

Pad 04

-72

273

2025

ACDDH044

1507195

5333291

512.26

200

Pad 04

-54

294

2025

ACDDH045

1507166

5332776

656

174.2

Pad 17

-68

64

2025

ACDDH046

1507195

5333291

512.26

215.2

Pad 04

-83

295

2025

ACDDH047

1507166

5332776

656

252

Pad 17

-81

51

2025

ACDDH048

1507085

5332837

574

251.7

Pad 20

-62

88

2025

ACDDH049

1507195

5333291

512

122.5

Pad 04

-63

85

2025

ACDDH050

1507195

5333291

512

172

Pad 04

-73

84

2025

ACDDH051

1507085

5332837

574

308.8

Pad 20

-66

71

2025

ACDDH052

1507195

5333291

512

209.3

Pad 04

-70

45

2025

ACDDH053

1507085

5332837

574

325.4

Pad 20

-71

75

2025

ACDDH054

1507195

5333291

512

240

Pad 04

-79

81

2025

ACDDH055

1507180

5333527

450.8266

175.9

Pad 05

-45

115

2025

ACDDH056

1507074

5332955

606.24

276.5

Pad 18

-43

65

2025

ACDDH057

1507180

5333527

450.8266

240

Pad 05

-59

118

2025

Table 2: Significant drilling intercepts at Auld Creek, full mineralized zone composites.

Hole ID

From

To

Interval

Au (g/t)

Sb (%)

ACDDH026

175

175.9

0.9

0.96

ACDDH026

175.9

177.1

1.2

1.55

ACDDH027

152

153

1

2.52

ACDDH027

153

154

1

1.88

ACDDH027

154

155

1

3.44

ACDDH027

155

156

1

2.25

ACDDH027

156

157

1

1.84

ACDDH027

157

158

1

0.37

ACDDH027

158

159

1

0.15

ACDDH027

159

160

1

2.38

0.013%

ACDDH027

160

161

1

2.39

0.802%

ACDDH027

161

162

1

4.75

0.008%

ACDDH027

162

163

1

2.84

0.016%

ACDDH027

163

164

1

8.42

0.010%

ACDDH027

164

165

1

4.7

0.010%

ACDDH027

165

166

1

3.77

0.009%

ACDDH027

166

167

1

15

0.178%

ACDDH027

167

168

1

3.11

0.428%

ACDDH028

209.5

210.15

0.65

0.92

ACDDH028

210.15

210.6

0.45

18.4

11.600%

ACDDH028

210.6

211.4

0.8

8.28

4.680%

ACDDH028

211.4

212

0.6

1.68

ACDDH031

310.4

312.5

2.1

5.4

13.06%

ACDDH032

296

305

9.0

0.6

ACDDH033

263.8

265

1.2

2.09

0.30%

ACDDH033

265

266

1

0.54

0.02%

ACDDH033

266

267

1

1.58

ACDDH033

267

268

1

0.71

ACDDH035

127

128

1

2.48

ACDDH035

128

129

1

1.5

ACDDH036

84

85

1

1.63

ACDDH036

85

86

1

0.18

ACDDH036

86

87

1

0.21

ACDDH036

87

88

1

0.5

ACDDH036

88

89

1

0.68

ACDDH036

89

90

1

2.08

0.06%

ACDDH037

147

148

1

1.98

0.02%

ACDDH037

148

149

1

0.44

ACDDH037

149

150

1

1.55

ACDDH037

150

151

1

0.26

ACDDH037

151

152

1

0.05

ACDDH037

152

153

1

0.07

ACDDH037

153

154

1

<0.01

ACDDH037

154

155

1

<0.01

ACDDH037

155

156

1

0.07

ACDDH037

156

157

1

0.59

0.02%

ACDDH037

157

158

1

<0.01

0.01%

ACDDH037

158

159

1

10.8

0.04%

ACDDH037

159

160

1

10.8

0.79%

ACDDH037

160

161

1

8.46

0.02%

ACDDH037

161

162

1

6

1.70%

ACDDH037

162

163

1

7.49

2.31%

ACDDH037

163

164

1

2.15

ACDDH037

164

165

1

2.24

ACDDH037

165

166

1

1.93

ACDDH037

166

167

1

0.99

ACDDH037

167

168

1

1.05

ACDDH037

168

169

1

1.7

0.02%

ACDDH038

109.5

110.5

1

2.43

ACDDH038

110.5

111.3

0.8

0.59

ACDDH038

111.3

112

0.7

0.73

ACDDH038

112

113

1

0.43

ACDDH039

150

151

1

1.48

0.01%

ACDDH039

151

152

1

0.9

0.03%

ACDDH039

152

153

1

1.22

0.06%

ACDDH039

153

154

1

0.27

0.01%

ACDDH039

154

155

1

2.73

0.53%

ACDDH039

155

156

1

6.87

0.04%

ACDDH039

156

157

1

3

1.67%

ACDDH039

157

158

1

8.06

4.83%

ACDDH039

158

159

1

4.47

3.05%

ACDDH039

159

160

1

2.52

0.08%

ACDDH039

160

161

1

8.01

5.22%

ACDDH039

161

162

1

3.35

0.21%

ACDDH039

162

163

1

5.62

0.16%

ACDDH039

163

164

1

0.71

0.01%

ACDDH039

164

165

1

7.63

8.75%

ACDDH039

165

166

1

1.8

0.01%

ACDDH039

166

167

1

1.84

0.02%

ACDDH040

206

207

1

0.09

ACDDH040

207

208

1

0.41

ACDDH040

208

209

1

0.42

ACDDH040

209

210

1

0.26

ACDDH040

210

211

1

0.12

ACDDH040

211

212

1

0.02

ACDDH040

212

213

1

0.02

ACDDH040

213

214

1

0.4

ACDDH040

214

215

1

0.67

ACDDH040

215

216

1

0.44

ACDDH040

216

217

1

0.01

ACDDH040

217

218

1.10

0.06

ACDDH040

218

219

0.70

0.26

ACDDH040

219

220

1

0.35

ACDDH040

220

221

1

0.27

0.3%