A small West Coast town might be about to strike gold again.

Canadian mining company Rua Gold has discovered a 2.5 kilometre stretch of gold and other minerals at Auld Creek near Reefton - with plans announced to fast-track an underground mine.

The company aims to produce 60,000 ounces of gold annually by 2028.

Vice-president Simon Delander says they're also going after the antimony.

He explained that's a strategic mineral - and there's lots of interest in Japan and the US.

LISTEN ABOVE

A small West Coast town might be about to strike gold again.
Canadian mining company Rua Gold has discovered a 2.5 kilometre stretch of gold and other minerals at Auld Creek near Reefton - with plans announced to fast-track an underground mine.
The company aims to produce 60,000 ounces of gold annually by 2028.
Vice-president Simon Delander says they're also going after the antimony.
He explained that's a strategic mineral - and there's lots of interest in Japan and the US.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Simon Delander: Rua Gold vice-president on the company's plan to expand over the West Coast

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/eb7b2d62-6ed8-4ffe-8093-b3ed00651c66/transcript