TRU Precious Metals Completes Granting of Golden Rose Option to Eldorado Gold

Date:

TORONTO, ON / ACCESSWIRE / August 22, 2024 / TRU Precious Metals Corp. (TSXV:TRU) (OTCQB:TRUIF) (FRA:706) (“TRU” or the “Company“) is pleased to announce that, further to its news release dated July 30, 2024, it has now received an outstanding drill permit and accordingly has satisfied all pre-conditions to the definitive earn-in agreement (the “Option Agreement“) transaction with Eldorado Gold Corporation (TSX: ELD, NYSE: EGO) (“Eldorado“). Pursuant to the Option Agreement, Eldorado has been granted the exclusive option (the “Option“) to earn an 80% ownership interest in TRU’s Golden Rose Project (“Golden Rose“), strategically located along the gold deposit-bearing Cape Ray – Valentine Lake Shear Zone in Central Newfoundland.

TRU CEO Steve Nicol commented: “We are delighted to welcome Eldorado, a gold producer with global operations, as a strategic partner to TRU. The TRU team is eager to drive exploration efforts forward and we…

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