Joel Freudman talks about TRU Precious Metals’ key location and coming gold and copper drill results
In this InvestorIntel interview, host Tracy Weslosky talks to TRU Precious Metals Corp.’s (TSXV: TRU | OTCQB: TRUIF) Co-Founder, CEO & Director Joel Freudman about upcoming drill results and the key strategic location of its Newfoundland Golden Rose Project.
“The key value driver for us,” Joel says, “is our Golden Rose Project in central Newfoundland. We’re right between two gold deposits – five million ounce Marathon Gold on one side, and they’re putting their mine into production in 2025, and the other side is Matador Mining with a significant gold resource. We control all the land between them.” This consolidation came about as a result of a recently announced option agreement that added the remaining smaller properties to TRU’s land package, which, he tells Tracy, “makes it a great turnkey project for potential acquirers down the road.”
Joel also tells Tracy that results from the summer 2000 meter drill program at the Jacobs Pond area of the Golden Rose Project are expected shortly, where the company “saw a lot of indications at surface for copper even bits of cobalt.” He believes that finding copper at Jacob’s Pond could be a good potential catalyst for TRU, diversifying its appeal and meriting a follow-on drill program.
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About TRU Precious Metals Corp.
TRU is on a mission to build long-term shareholder value, through prudent natural resource property development and transactions. Currently TRU is exploring for gold and copper in the highly prospective Central Newfoundland Gold Belt and has an option with TSX-listed Altius Minerals to purchase 100% of the Golden Rose Project. Golden Rose is a regional-scale 236 km2 land package, including 45 kilometres of strike length along the deposit-bearing Cape Ray – Valentine Lake Shear Zone directly between Marathon Gold’s Valentine Gold Project and Matador Mining’s Cape Ray Gold Project.
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This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.
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