GOLDEN
ROSE
PROJECT
Large and underexplored land package including primarily gold and gold-copper targets along the deposit-bearing Cape Ray -Valentine Lake Shear Zone, flanked on either side by gold projects at various stages of development including the Valentine Gold Mine (Equinox Gold Corp.) in ramp up with first gold pour achieved in September 2025.
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Visible gold panned at Mark’s Pond target area, Golden Rose Project, 10/2022
“OVERVIEW”
Golden Rose Project, Central Newfoundland gold company TRU Precious Metals Corp
Golden Rose covers a vast and largely underexplored land package and is transected by the Valentine Lake structural corridor hosting over 45 km of prospective strike length for gold and copper mineralization.
Big Discovery Potential Bookended By Resources
Golden Rose comprises a large ~300km² land package*.
Golden Rose straddles a 45km stretch of regional ‘deep seated’ structures with resources on both sides.
Adjacent Property to the North-East: Valentine Gold Mine currently in ramp up **
Property owned by Equinox Gold Corp which acquired Calibre Mining for C$1.8 bn in February 2025 (Calibre acquired Valentine Mine for C$345m in January 2024)
2.7Moz Au Proven and Probable Reserves, 1.3Moz Au Measured and Indicated Resources outside of Reserves, and 1.1Moz Au Inferred Resources.
On track to become the largest open pit gold operation in Atlantic Canada.
Adjacent Property to the South-West: Advanced Exploration Stage Cape Ray Project
Property owned by AuMEGA Metals
0.45Moz Au Indicated, 0.16Moz Au Inferred***
Separated from Golden Rose by a small package of claims held by Equinox Gold Corp
TRU’s Golden Rose displays geological similarities with both adjacent properties.****
* Includes 33.25 sq km held in a Joint Venture with TSX.V listed Quadro Resources. TRU holds a 51% interest in the JV.
** Proven and Probable Reserves, 51.4Mt @ 1.62g/t Au for 2.7Moz Au, Measured and Indicated Resources (outside of Reserves): 28.5Mt @ 1.45g/t Au for 1.3Moz Au, Inferred Resources: 20.3Mt @ 1.65g/t for 1.1Moz Au. For further information see Equinox Gold (TSX:EQX) Corp Presentation June 2025
*** Resources: Indicated 6.2Mt @ 2.25g/t for 0.45Moz Au, plus Inferred 3.5Mt @ 1.4g/t for 0.16Moz Au. Source: AuMEGA Metals Ltd Nov 24 Corp Presentation
**** There has been insufficient exploration thus far at Golden Rose to define a mineral resource and it is not certain that further exploration will result in a resource similar to either of its neighbors or any resource being identified
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