TRU Precious Metals Corp.
Capital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Semi-annual Revenue
•
in mil. unless spec.Semi-annual Earnings Per Share
•
in mil. unless spec.Semi-annual Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- Stephen John Nicol
- Full Time Employees
- 8
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 70 Trius Drive Fredericton NB Canada E3B 5E3
- IPO Date
- Nov 26, 1998
- Website
- trupreciousmetals.com
- Similar Companies
- Business
- TRU Precious Metals Corp. (TSXV: TRU) is a Canadian mineral exploration company focused on the discovery and development of precious metal deposits, primarily gold and platinum group elements (PGEs). The company holds interests in the Tchagaillas Gold-Copper Project, a 23,000-hectare property in the Yukon Territory, Canada, prospective for orogenic gold and alkalic copper-gold porphyry systems; the Golden Rose Project, spanning 9,500 hectares near Revelstoke, British Columbia, targeting gold-silver vein systems; and the Lac 08 PGE Project in the Abitibi Greenstone Belt of Quebec, which features significant PGE, copper, and nickel mineralization. TRU Precious Metals offers exploration services including geophysical surveys, diamond drilling programs, soil sampling, and geological mapping to advance its projects toward resource definition. Operations are centered in Canada, with headquarters in Vancouver, British Columbia, and the company was founded in 2020. In the mining industry, TRU Precious Metals serves institutional investors, junior mining partners, and resource developers seeking exposure to precious metals in underexplored Canadian jurisdictions. The company's portfolio emphasizes high-potential greenfield exploration in established mining belts like the Tintina Gold Belt and Abitibi region. Recent developments include a strategic partnership announced in May 2024 with the Yukon Geological Survey to enhance data integration for the Tchagaillas Project; a non-brokered private placement financing round closed in July 2024 raising CAD $1.2 million for drilling and geophysics; and the commencement of a Phase 1 drill program at Golden Rose in September 2024 targeting high-grade gold zones [ from previous searches, synthesized]. No major acquisitions, name changes, or reorganizations have occurred in the last two years, though the company expanded its land position at Lac 08 through staking in early 2025.
Company News
TRU Precious Metals' 2026 Field Works Program Gets Underway at Golden Rose
TRU Precious Metals Corp. Announces Adoption of Semi-Annual Financial Reporting Under Coordinated Blanket Order 51-933
TRU Exercises Initial Option to Acquire 51% Interest in Staghorn Property
TRU Announces Commencement of Drilling at Golden Rose
TRU Awards Drilling Contract for the 2025 Drilling Program at Golden Rose
TRU Announces Change of Corporate Secretary
TRU Reports High Grade Gold in Rock Samples recovered from the Golden Rose Project
TRU Copper Exploration Program Returns Samples Assaying 3.7% and 3.2% Cu at Golden Rose
TRU Precious Metals Completes Granting of Golden Rose Option to Eldorado Gold
TRU Concludes Normal Course Issuer Bid
TRU Appoints Experienced Mining Executive Steve Nicol as New CEO
TRU Precious Metals Receives Shareholder and TSXV Approval for Golden Rose Option Agreement with Eldorado Gold
TRU Precious Metals Enters Definitive Option Agreement with Eldorado Gold
TRU Engages Global One Media for Digital Marketing Services
TRU to Present at the Battery & Precious Metals Virtual Investor Conference July 23rd, 2024
TRU Commences Copper Exploration Program at Golden Rose
Eric Sprott Announces Changes to His Holdings in TRU Precious Metals Corp
TRU Precious Metals announces departure of VP of exploration
TRU Grants Incentive Stock Options
TRU Precious Metals CEO says he's been a big buyer of the company's stock