TRU reports on results from 2025 drilling program intersecting gold-bearing mineralization in every hole
TRU reports on results from 2025 drilling
program intersecting gold-bearing
mineralization in every hole
Toronto, Ontario – September 10, 2025 – TRU Precious Metals Corp. (TSXV:TRU, FSE:706)
(“TRU” or the “ Company”) is pleased to provide the results from its 2025 diamond drilling
program consisting of 1,988 meters (“ m”) in a total of four holes on its Golden Rose Project
(“Golden Rose”). (See Figure 1)
Highlights
• The investigative, wide-spaced, four-hole, (1,988m) diamond drilling program intersected
gold-bearing mineralization in every hole
• A previously unknown broad mineralized sandstone unit was intersected in two of the drill
holes (GR 25-03 and GR 25-04) over an interpreted minimum strike length of 500m. Assay
results from this mineralized sandstone are:
o 1.0 grams per tonne (“ g/t”) gold (“ Au”) over 13.3m including 1.3g/t over 5.3m,
within a much wider interval of 0.3g/t over 65.3m in GR 25-03
o 1.0g/t Au over 5.1m within a wider interval of 0.5g/t over 18.2m in GR 25-04
• A second previously unknown mineralized zone displaying similarities to the above -
mentioned mineralized sandstone, and which may represent an along strike extension of
the same zone, was intersected in drill hole GR 25 -02 providing an intercept of 1.0g/t Au
over 4.0m
• Indications of continuity of the previously trenched Northcott zone were identified over
240m vertically at depth in drill hole GR 25-01
Reported intervals are length-weighted down-hole. True widths of reported mineralized intervals,
as a percentage of down-hole intervals, are estimated to be between 60% and 80%. Sample length
varied between 1.5m maximum and 1.0m minimum, except where smaller sample lengths were
required for geological reasons. No grade capping applied.
TRU CEO Steve Nicol commented: “I am very pleased to be reporting upon the results achieved
in our investigative 2025 drilling program which exceeded expectations with all 4 holes
intersecting gold-bearing mineralization. We are very encouraged by the positive first test of the
potential vertical continuity of the Northcott mineralization typified by high grades over narrow
widths at surface from the 2023 trenching(1), and especially by the discovery of two previously
unknown gold mineralized zones, one of which is approximately 1.6 kilometers to the southwest of
Mark’s Pond with an interpreted strike length in excess of 500m and favourable initial intercepts
within broad lower grade envelopes. The significance of these results continues to be asses sed
together with ongoing results from the mapping and ground truthing programs currently underway
across the Golden Rose Project area all feeding into the design of future follow -up drilling
programs.”
(1) For further information see the Company’s news release dated Jan 12, 2023
2025 Drilling Program Results
Details of the 4 completed drill holes comprising the drilling program are as follows
Table 1 – Details of completed drill holes
The following map shows the locations of the 4 drillholes
Figure 1 - Location of 2025 drilling
Drillhole
Number Northing Easting Elevation Azimuth Dip Length
(m) (m) (m) (Deg) Deg) (m)
GR 25-01 5343640 453775 433 315 -50 620
GR 25-02 5343431 453560 431 315 -60 638
GR 25-03 5342436 452606 402 315 -60 356
GR 25-04 5342114 452228 397 313 -60 374
Collar Location Drillhole
A full set of the length weighted intercepts received is provided in the following table.
Table 2 – Length weighted drill hole intercepts
All drilling was carried out to recover NQ size diamond core.
Table provides down hole lengths. True widths of reported mineralized intervals, as a percentage of down -hole
intervals, are estimated to be between 60% and 80%.
There were no known drilling, sampling, recovery or other factors that could materially affect the accuracy or
reliability of the data referred to in this news release.
Discussion of Results
Aims of the drilling included:
1. Complying with the contractual drilling expenditure commitments under the Option
Agreement between Quadro Resources Ltd. and TRU concerning the Staghorn property in
Newfoundland and Labrador (“Staghorn”), as amended (the “Option Agreement”)
2. Infilling a 200m gap in past drilling near the historic southwest extent of drilling on the
mineralized zone at Mark’s Pond
3. Exploring potential for down dip continuity of the mineralized zone at Northcott
4. Exploring the prospectivity of the intervening sequence of lithology between the Mark’s
Pond and Northcott mineralized zones – a horizontal distance of some 200m.
5. Exploring the prospectivity of a potential repeat of the Mark’s Pond zone some 1.6
kilometers (“km”) further to the southwest.
Drill Hole From To Interval Au Grade
(mdh) (mdh) (m) (g/t)
GR 25-04 157.3 175.5 18.2 0.5
incl. 157.3 162.4 5.1 1.0
and 167.5 169.1 1.6 1.7
GR 25-03 123.0 124.5 1.5 2.5
231.0 296.3 65.3 0.3
incl. 231.0 244.3 13.3 1.0
and 272.0 277.0 5.0 0.7
and 296.0 296.3 0.3 2.0
GR 25-02 304.7 308.7 4.0 1.0
GR 25-01 79.7 82.7 3.0 0.5
144.5 147.3 2.8 0.7
366.9 367.3 0.4 2.1
The target area for the 2025 drilling program was focused upon a portion of the Mark’s Pond to
Rich House “exploration fairway.” (see the Company’s news release dated April 03, 2025) based
upon its interpreted prospectivity and the necessity to comply with certain drilling commitments
pursuant to the terms of the Option Agreement. The Staghorn licenses comprise part of the
exploration fairway and represent approximately 11% of the total Golden Rose licenses area. (see
the Company’s news releases dated June 16, 2022 and August 18, 2022). Satisfactory completion
of the 2025 drill program enabled TRU to exercise its option to acquire a 51% interest in the
Staghorn property. (See the Company’s news release dated July 10, 2025)
Geological Results (See Figures 2 and 3)
Drillholes GR 25-03 and GR 25-04 were both drilled with the aim of testing a coincident soil and
magnetic anomaly located to the southwest of Mark’s Pond which is similar to that which vectored
to the original Mark’s Pond discovery in 2018 ( see Quadro Resources Ltd. New Release dated
November 06, 2018). GR 25-03 was collared some 1.6km southwest of Mark’s Pond, with GR 25-
04 being collard a further 500m to the southwest beyond GR 2 5-03. Whilst not intersecting
mineralization similar to the Mark’s Pond mineralization, both drillholes intersected a wide zone
of gold-bearing mineralization hosted in a pale green to grey fine grained tuffaceous sandstone
unit containing pyrite, arsenopyrite, and galena, which has not been previously encountered at
Golden Rose. Both drillholes provided 1.0g/t Au intercepts over widths of 13.3m and 5.1m
respectively, each contained within much larger lower grade envelope of 0.3g/t over 65.3m, and
0.5g/t over 18.2m, respectively. Correlation across the two drillholes is positive suggesting a
minimum 500m extension of this previously unkn own mineralization which is open in all
directions.
Drillhole GR 25 -01 was targeted to infill a gap of some 200m in historic drilling in the Mark’s
Pond zone. The hole encountered two intercepts (0.5g/t Au over 3.0 m from 79.7m downhole, and
0.7g/t Au over 2.8m from 144.5m) which are interpreted to indicate the potential for the
mineralization at Mark’s Pond to continue to the southwest.
GR 25-01 was then extended to provide an initial test of the down dip continuity of the Northcott
mineralized zone, as well as a drill test on the intervening lithology. Northcott lies some 200m to
the northwest of the Mark’s Pond zone and was discovered b y TRU in 2023 (see the Company’s
news release dated January 12, 2023 ) during surface trenching in the area. Northcott provided
several bonanza grade intercepts across approximately 2.0m of quartz veining in the trenching,
including considerable visible gold. GR 25 -01 is interpreted to have intersected the down dip
extension of the Northcott mineralized zone at a vertical depth of some 240m (367m downhole)
providing an intercept of 2.1g/t over 0.4m. Whilst not replicating the bonanza grades seen in parts
of the trench, this result points to a significant downdip potential for the zone which remains open
at depth.
GR 25-02 was designed with similar aims to GR 25 -01 and represented a parallel step -out drill
hole collared some 300m to the southwest of GR 25 -01. While GR 25 -02 did not intersect gold
grade corresponding to the projected position of either the Mark’s Pon d or Northcott mineralized
zones, it did intercept (1.0g/t Au over 4.0m) hosted in a lithological unit displaying similarities
to the sandstone unit hosting the mineralized zone intersected in GR 25-03 and GR 25-04 located
approximately a kilometer to the southwest. Additional work is required to understand if the
mineralized unit intercepted in GR 25 -02 represents an extension of the same zone discovered in
GR 25-03 and GR 25-04, or whether it is a similar though parallel additional mineralized zone.
Figure 2 -Main 2025 drilling intercepts obtained and mineralized zones
Figure 3 - 2025 drill program showing scale of drilling area and mineralized zones
TRU geologists and advisors will be assessing all the results achieved in the 2025 drilling program,
and their implications for prioritisation of targets for future drill programs.
In parallel, the TRU exploration team remains in the field for the rest of the 2025 field season
advancing mapping and ground truthing programs across the entire project area with the objective
of further refining the geological and structural site -wide model and adding to the expanding
pipeline of quality drill targets.
Quality Assurance - Quality Control ("QA/QC")
During all exploration sampling and analysis works on its Golden Rose Project, TRU maintains a
strict quality assurance program, implements a quality control program, and has a sample security
procedure in place. These are tailored as necessary to be appropriate to the types of samples being
collected.
Samples reported on in this news release comprised half (cut) NQ diamond drill core.
All the NQ core recovered during the 2025 drilling program was delivered on a shift-by-shift basis
by the drilling contractor to the core processing area purpose built by TRU onsite at Golden Rose.
All core was orientated, photographed, detail logged, and delineated for sampling by TRU
geological team. Core was subsequently halved by a diamond -bladed core saw operated by TRU
geological team, with one half of the core then being sampled and bagged (in accordance with in-
house procedures) for sending to the laboratory for analysis. The remaining half of the core was
stored for future reference or use.
Half core samples, each with a unique sample identification, were individually sealed inside tie -
locked plastic bags which were packed into rice sacks which were also tie -locked. The rice sacks
were packed onto wooden shipping pallets with the pallet load being plastic wrapped ready for
dispatch. All this was carried out by TRU geological team at the core processing area under the
direct supervision of Joel Cranford, TRU’s Qualified Person.
All the above steps, including selection of half core for analysis, were conducted in accordance
with TRU in-house written Standard Operating Procedures for Core Handling, Core Photography,
Core Logging, Core Cutting, and Core Sampling.
QA/QC samples, including blanks and certified standards were inserted into the sample runs prior
to samples being loaded into rice sacks, in accordance with TRU Standard Operating Procedure
for QAQC sample selection and insertion. Insertion rates for blank s and certified standards were
approximately 5% (each) of all samples submitted for assay. Field duplicates were also used.
The plastic wrapped rice sacks on pallets were loaded onto a contractor flat-tray truck for transport
directly from the Golden Rose site to the shipping agent in Corner Brook, who shipped the pallets
directly to the ALS Laboratory in Moncton, NB.
Chemical analysis of core samples was carried out at ALS laboratories in Moncton NB (17 Somers
Dr, Moncton, NB E1H 2P3) a commercial geoscience laboratory that is ISO/IEC 17025 accredited
and completely independent of TRU.
Samples were analyzed using a 4 acid digestion with Inductively Coupled Plasma Mass
Spectrometry (ICP MS) finish (25g) for a full suite of elements plus fire assay (30g) with Atomic
Absorption Spectrometry (AAS) finish for gold values.
Samples returning assayed values in excess of 10g/t Au were to be re-assayed using fire assay with
Gravimetric finish (30g), however, no such samples were encountered.
Re-assaying (by screened fire assay, fire assay with gravimetric finish or other appropriate method)
of two samples with logged visible gold is yet to be undertaken.
Data Verification Statement
Prof. G. Earls, EurGeol PGeo, FSEG, an independent Qualified Person under National Instrument
43-101 – Standards of Disclosure in Mineral Projects (“NI 43-101 Standards”)) has independently
checked and verified the data disclosed including sampling, analytical, and test data underlying
the information or opinions contained in this news release.
Data verification included:
• Review of all Standard Operating Procedures
• Batch checking of analytical data to ensure no input or translation errors
• Check calculation of all intercepts reported
• Visual inspection of all mineralized intercepts recovered during the drilling program.
• Review of logging and photographic databases to confirm validity of intercepts reported
• Detailed review of all QA/QC results
No material flaws were detected during the data verification exercise.
Qualified Person Disclosure
Joel Cranford, P.Geo., Project Geologist for TRU, and a Qualified Person under NI 43 -101, has
prepared or supervised the preparation of the scientific and technical information contained in this
news release and has approved its disclosure.
About TRU Precious Metals Corp.
TRU (TSXV:TRU, FSE:706) is on a mission to build long-term shareholder value through prudent
natural resource property development. The company’s flagship project is the Golden Rose Project
a regional-scale 297.50 km2 land package in Central Western Newfoundland (includes a 33.25
km2 package of claims over which TRU has a 51% interest) which straddles a 45 km strike length
along the gold deposit-bearing Cape Ray - Valentine Lake Shear Zone, directly between Equinox
Gold Corp’s Valentine Project and AuMEGA Metals Ltd’ Cape Ray Gold Project. TRU is
currently focused on efficiently discovering the full gold and copper potential at Golden Rose,
targeting continuity along this proven gold bearing trend. The Golden Rose Project is currently
subject to an earn -in agreement (the “ Earn-In Agreement ”) with TSX -listed Eldorado Gold
Corporation (“ Eldorado”), whereby Eldorado has the option to fund CAD15.25M in cash
payments and exploration expenditures over 5 years to earn an 80% -interest in the Golden Rose
project. Please refer to the Company’s July 30th, 2024 press release for further details of the
Earn-In Agreement.
TRU is approximately 36% -owned by European strategic investor Ormonde Mining plc
(AQSE:ORM).