Ormonde Mining plc’s investee company has executed its joint venture agreement, relating to the Staghorn property on the Golden Rose copper-gold project in Newfoundland, Canada. RESULTS TRU Precious Metals Corp originally signed the 51-49% deal in July 2025 with Quadro Resources Ltd. Staghorn itself represents 11% of the overall Golden Rose acreage. The two companies […]
Tag: Eldorado Gold Corp
Ormonde investee to increase share in Staghorn
Ormonde Mining plc’s investee looks to increase its share of the Staghorn property within the Golden Rose copper-gold project in the Central Newfoundland Gold Belt, Canada. ASSAYS TRU Precious Metals Corp exercised its initial option to acquire a 51% interest in the Staghorn property, which itself represents around 11% of the overall project. The Canadian operator […]
Ormonde drills ‘quality’ targets at Golden Rose
Ormonde Mining plc’s investee has started a 1,800-metre drilling campaign to test, for the first time, a “pipeline of quality exploration targets” at the Golden Rose copper-gold project in Newfoundland. REVIEW The company owns 36.3% of project owner and operator TRU Precious Metals Corp, while Eldorado Gold Corporation holds an option over Golden Rose. TRU’s […]
Ormonde-TRU positive on Golden Rose assays
Ormonde Mining plc’s investee has returned positive assays from exploration at the Golden Rose copper-gold project in the central Newfoundland gold belt, Canada. MODEL The company highlighted “significant” copper values from the Jacob’s and King George prospects, of up to 3.7% copper. Owner-operator TRU Precious Metals Corp, in which Ormonde owns 36.3%, also recorded anomalous values […]
Golden Rose to undergo detailed review
Ormonde Mining plc’s investee in Canada has begun an analysis of the Golden Rose gold-copper project in the central Newfoundland gold belt. FUNDING Funded by 80% earn-in partner Eldorado Gold Corp, the detailed review will include assessment and verification of existing data before being infilled and updated. Project owner TRU Precious Metals Corp will begin on […]
Ormonde welcomes Golden Rose earn-in
Ormonde Mining plc investee has signed a definitive agreement with a third company to join the Golden Rose copper-gold project in Newfoundland, Canada. ACCELERATE TRU Precious Metals Corp. granted Eldorado Gold Corp an exclusive option to earn an 80% ownership interest in the joint venture. Under the terms Eldorado’s expenditure will total $7 million with […]