TRU Plans Critical Minerals Summer Exploration Program at Golden Rose Project

TORONTO, ON / ACCESSWIRE / April 18, 2024 / TRU Precious Metals Corp. (TSXV:TRU) ("TRU" or the "Company") is pleased to announce its intent to carry out an exploration program this spring and summer at its Golden Rose Project ("Golden Rose") in Western-Central Newfoundland. Exploration will assess the critical minerals potential associated with the deposit-bearing Cape Ray - Valentine Lake Shear Zone and will be copper ("Cu")-focused. The program will also investigate other critical minerals occurrences hosting nickel ("Ni") and zinc ("Zn"), which have been identified in previous exploration activities carried out by the Company.

The objective of the exploration program is to develop a deeper understanding of the overall critical minerals potential at Golden Rose, supplementing the heightened prospectivity of Golden Rose for gold. The program will include prospecting, grab (rock) sampling, reconnaissance soil sampling and trenching over interpreted critical minerals anomalies determined through previous work by the Company, historical data compilation, and recently acquired high resolution satellite and remote sensing data over the entire property. Many of the planned target areas have had limited exploration to date.

The 2021, 2022 and 2023 exploration seasons identified Cu and other critical minerals anomalies at numerous locations including: (Figure 1)

• Jacob's Pond, where numerous soil anomalies occur and grab samples assayed up to 3.42% Cu and 2.76 grams per tonne (g/t) gold ("Au") (see August 4, 2022 press release);
• Jacob's Twin, where rock samples assayed up to 11.0% Cu, 14.3g/t Au and 368g/t silver ("Ag"), and drill results assayed up to 1.10% Cu, 0.87g/t Au and 46.60g/t Ag over 2.8 metres ("m") (see August 4, 2022 and September 22, 2022 press releases);
• Jacob's West, an area 750 m to 1.2 kilometres ("km") southwest of Jacob's Twin, where abundant Cu and lesser Zn in soil anomalies were identified (see September 22, 2022 and January 26, 2023 press releases);
• Glenn's Prospect, located 2.9 km northeast along the Cape Ray Shear zone from Cu mineralization at Jacob's Pond and 4 km from Jacob's Twin, where bedrock grab samples assayed up to 7.6% Cu (see December 5, 2023 press release);
• The King George IV Lake area, where grab samples assayed up to 0.66% Cu and 1.33% Zn; and
• Bear Pond, where 2021 soil sampling identified an area of anomalous Ni with results up to 409 parts per million ("ppm") Ni. Reconnaissance-level government till sampling also returned an assay of 431 ppm Ni in this area.

The 2024 exploration program, which will be fully funded from the Company's treasury, will further delineate and assess these anomalies in addition to identifying new opportunities.