FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
DUMAC, INC.

(Last) (First) (Middle)
280 S MANGUM STREET
SUITE 210

(Street)
DURHAM NC 27701

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
08/13/2024
3. Issuer Name and Ticker or Trading Symbol
Rigel Resource Acquisition Corp. [ RRAC ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Ordinary Shares 192,000
I
See Footnotes (1) (2) (6)
Class A Ordinary Shares 109,000
I
See Footnotes (2) (3) (6)
Class A Ordinary Shares 548,000
I
See Footnotes (2) (4) (6)
Class A Ordinary Shares 151,000
I
See Footnotes (2) (5) (6)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The Duke Endowment, a charitable trust, indirectly holds 192,000 Class A Ordinary Shares of Rigel Resource Acquisition Corp (the "Issuer") through G JBD LLC, a single member limited liability company wholly owned by The Duke Endowment. DUMAC, Inc. ("DUMAC") has been delegated voting and investment power over such Class A Ordinary Shares of the Issuer through an investment management agreement between DUMAC and The Duke Endowment and therefore DUMAC may be deemed the beneficial owner of such Class A Ordinary Shares.
2. DUMAC is a North Carolina non-profit corporation. DUMAC does not hold legal title to its clients' assets. The members of the board of directors of DUMAC are appointed by the executive committee of the board of trustees of Duke University.
3. Employees' Retirement Plan of Duke University, a non-profit defined benefit plan, indirectly holds 109,000 Class A Ordinary Shares of the Issuer through G ERP LLC, a single member limited liability company wholly owned by Employees' Retirement Plan of Duke University. DUMAC has been delegated voting and investment power over such Class A Ordinary Shares of the Issuer through an investment management agreement between DUMAC and Employees' Retirement Plan of Duke University and therefore DUMAC may be deemed the beneficial owner of such Class A Ordinary Shares.
4. Gothic Corporation ("Gothic"), a non-profit corporation, holds assets, including Class A Ordinary Shares of the Issuer, as a charitable support corporation for Duke University. Gothic indirectly holds 548,000 Class A Ordinary Shares of the Issuer through G LTP LLC, a single member limited liability company wholly owned by Gothic. The members of the board of directors of Gothic are appointed by the executive committee of the board of trustees of Duke University. DUMAC has been delegated voting and investment power over such Class A Ordinary Shares of the Issuer through an investment management agreement between DUMAC and Gothic and therefore DUMAC may be deemed the beneficial owner of such Class A Ordinary Shares.
5. Gothic HSP Corporation ("Gothic HSP"), a non-profit corporation, holds assets, including Class A Ordinary Shares of the Issuer, as a charitable support corporation for Duke University Health System, Inc. Gothic HSP indirectly holds 151,000 Class A Ordinary Shares of the Issuer through G HSP LLC, a single member limited liability company wholly owned by Gothic HSP. The members of the board of directors of Gothic HSP are appointed by the board of directors of Duke University Health System, Inc. The members of the board of directors of Duke University Health System, Inc. are appointed by the executive committee of the board of trustees of Duke University. DUMAC has been delegated voting and investment power over such Class A Ordinary Shares of the Issuer through an investment management agreement between DUMAC and Gothic HSP and therefore DUMAC may be deemed the beneficial owner of such Class A Ordinary Shares.
6. Each Reporting Person disclaims beneficial ownership of the Class A Ordinary Shares of the Issuer reported herein except to the extent of its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such Class A Ordinary Shares for purposes of Section 16 or for any other purpose.
DUMAC, INC., Name: /s/ Robert E. McGrail, Title: Secretary 11/22/2024
** Signature of Reporting Person Date
DUKE UNIVERSITY, Name: /s/ Robert E. McGrail, Title: Secretary, DUMAC, Inc. 11/22/2024
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

ATTACHMENTS / EXHIBITS

ATTACHMENTS / EXHIBITS

EX-99.1