TRU Precious Metals Corp.

Description

TRU Precious Metals Corp. is a Canadian early-stage explorer focused on gold and copper in central Newfoundland. The investment case combines a very low fully diluted valuation, 36.3% strategic ownership, experienced mine-building leadership and partner-funded exploration, balanced against the absence of a mineral resource, early-stage geological risk and material project dilution under earn-in arrangements.

The flagship Golden Rose land package covers approximately 297.5 km² and 45 km of the Cape Ray–Valentine Lake Shear Zone between Equinox Gold's Valentine Mine and AuMEGA's Cape Ray project. Eldorado Gold may earn 80% by making C$8.25M of cash payments and C$7.0M of exploration expenditures over five years. The package also includes the 33.25 km² Staghorn property, where TRU holds a 51% joint-venture interest with Quadro.

TRU also retains exposure to Twilite Gold while Copperhead Resources holds an option to acquire 100%. If exercised, TRU is entitled to cash, shares and a 2% NSR.

List of Projects:

Project 1: Golden Rose, Newfoundland, Canada — Gold, Copper
Flagship 297.5 km² exploration package covering approximately 45 km of a major mineralized shear corridor. 2025 drilling intersected gold in all four holes, while 2026 work identified two Wood Lake soil anomalies and expanded the licence area. Eldorado may earn an 80% interest. No MRE is currently defined.

Project 2: Staghorn Property, Newfoundland, Canada — Gold, Copper
33.25 km² component of Golden Rose. TRU holds 51% and Quadro holds 49% under the 2026 joint-venture agreement. The property hosts part of the Mark's Pond–Rich House exploration fairway.

Project 3: Twilite Gold, Newfoundland, Canada — Gold
65 claims covering approximately 1,625 ha, with historical and 2021 drilling at Fort Knox. Copperhead may earn 100% by August 2027 through cash, exploration expenditures and share consideration. TRU retains a 2% NSR if the option is exercised.

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