17 December 2024
Ormonde Mining
plc
("Ormonde" or the "Company")
Investee
Company Update: TRU Precious Metals
TRU publishes corporate
presentation: "Advancing Golden Rose"
Ormonde Mining plc
(AQSE: ORM), the natural resources company with
investment exposure to outstanding gold and battery metal
exploration assets in Newfoundland and Scotland, notes its
36.3%-owned investee company TRU Precious Metals Corp. (TSXV: TRU,
OTCQB: TRUIF) ("TRU"), which is exploring for gold and copper in
the highly prospective Central Newfoundland Gold Belt in Canada,
has published an updated corporate presentation.
The presentation summarises, inter
alia, the significant advantages of the Golden Rose Project, which
is targeting discovery on a proven gold-bearing trend, highlighting
new exploration target potential and maiden gold-focused drilling
due to commence in 2025.
The TRU presentation can be viewed
on the Corporate Presentation page in the Investors section of the
TRU website at https://www.trupreciousmetals.com/.
Enquiries:
Ormonde Mining plc
Brian Timmons, Chairman / Brendan
McMorrow, CEO
Tel: +353 1 8014184
Vigo Consulting (Investor Relations)
Ben Simons / Fiona
Hetherington
Tel: 44 (0)20 7390 0230
Peterhouse Capital (Aquis
Corporate Adviser)
Tel: +44 (0)20 7469 0930
About Ormonde Mining
Ormonde is a natural resource
company which provides its shareholders with exposure to quality
and diverse assets across a range of strategic minerals. Ormonde's
portfolio includes an initial 36.3% interest in TRU Precious Metals
(TSXV: TRU), which is exploring for gold and copper in the highly
prospective Central Newfoundland Gold Belt in Canada, and a 19.2%
interest in Peak Nickel Limited, giving Ormonde targeted exposure
to a high-grade battery metals project in the UK.
TRU is exploring for gold and copper
in the highly prospective Central Newfoundland Gold Belt on its
100%-owned Golden Rose project, a regional-scale 264.25
km2 land package including 45 km of strike length
along the deposit-bearing Cape Ray - Valentine Lake Shear Zone,
directly between Calibre Mining's Valentine Gold Project and AuMEGA
Metals' Cape Ray Gold Project. The Golden Rose Project is currently
optioned-out to TSX-listed Eldorado Gold Corporation.
Peak Nickel's Rodburn Project in
Aberdeenshire is in a tier one jurisdiction with indications of
significant size.
Ormonde's shares are quoted on the
Aquis Stock Exchange Growth Market under the symbol AQSE:
ORM.
For
more information, visit the Company's website at
www.ormondemining.com.
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The Directors of the Company accept
responsibility for the contents of this announcement.