Royal Road Minerals Ltd. is pleased to announce that its 100% owned Colombian subsidiary, Exploraciones Northern Colombia SAS, has entered into a formalization agreement and a related earn-in option and royalty agreement with the proprietors of the La Esmeralda Gold Mine, an informal gold mine located in the municipality of Los Andes-Sotomayor, Nariño district. La Esmeralda is located within concession contract HH2-12001X [...]
Royal Road Minerals Ltd. announces that by way of Government Circular 4011 issued by the Colombian Ministry of Mines and Energy on April the 17th, it has been notified that mineral exploration work may now continue in Colombia, subject to the Company complying with certain national health authority guidelines pertaining to the management and mitigation of the COVID-19 pandemic. The Company has filed operating protocols [...]
Royal Road Minerals Ltd. is pleased to announce that it has entered into a definitive strategic alliance agreement with Mineros S.A. in relation to the Company's Guintar and Niverengo concessions and its Margaritas title application in Antioquia District, Colombia. The Agreement supersedes the previously announced letter of intent entered into by the Company and Mineros. Mineros is a Colombian public company engaged in [...]
Royal Road Minerals Ltd. announces that Daniel De Narvaez has resigned as a director of the Company. Mr De Narvaez informed the Company that it was necessary for him to step down from the Company's Board of Directors at this time in order to fulfill the increased demands of another professional commitment arising from recent related positive developments. Peter Mullens, Chairman of Royal Road Mineral, stated; "Daniel was [...]
Royal Road Minerals Ltd. is pleased to announce that it has entered into an agreement with Mineros S.A. to amend its previously announced letter of intent in relation to the Company's Guintar and Niverengo concessions and its Margaritas title application in Antioquia District, Colombia. The agreement extends the deadline for entering into a definitive agreement with Mineros from January 30, 2020 to March 30, 2020. Neither [...]
Royal Road Minerals Ltd. is pleased to announce the appointment of Vernon Arseneau as Executive Director and Chief Operations Officer of the Company. Vern is a founding Director of Royal Road Minerals having served on the Company's Board since its inception in 2010. Vern is a geologist with over thirty years of experience in mineral exploration and project management, of which the last twenty years have been spent in [...]
Royal Road Minerals Ltd. is pleased to announce that it has entered into a Letter of Intent with Mineros S.A. in relation to the Company's Guintar and Niverengo concessions and its Margaritas title application in Antioquia District, Colombia. Mineros is a Colombian public company engaged in the business of gold mining and listed on the Colombian Stock Exchange. Royal Road currently operates in Nicaragua under a separate [...]
Royal Road Minerals Ltd. is pleased to announce that the Regional Autonomous Corporation of Antioquia , has provided approval for the Company to conduct further drilling on mining concession contracts IJN-14221 and IJN-11331 in Antioquia district, Colombia. The Guintar and Niverengo concession contracts are contiguous title areas, totaling approximately 2,254 hectares, located in the Company's "Northern Block" and in the [...]
Further to its press release of October 21, 2019, Royal Road Minerals Ltd. , a gold and copper focused mineral exploration and development company, is pleased to announce that it has closed its previously announced private placement , pursuant to which the Company issued an aggregate of 13,636,364 ordinary shares in the capital of the Company at a price of C$0.22 per Ordinary Share for aggregate gross proceeds of [...]
Royal Road Minerals Ltd. , a gold and copper focused mineral exploration and development company, is pleased to announce that it has entered into an agreement with Pollitt & Co. Inc. , whereby the Company has engaged Pollitt as its lead agent in connection with a proposed private placement offering of up to 22,727,272 ordinary shares of the Company, at a price of C$0.22 per Share , for gross proceeds to the Company of up [...]
Scout drilling on soil anomalies intersects gold, drill holes end in gold grade Royal Road Minerals Ltd. is pleased to announce final drilling results from a recently completed 4-hole exploratory diamond drilling program at its Caribe gold project in northeastern Nicaragua. The Caribe project forms a part of the Company's Strategic-Alliance agreement with Hemco Mineros Nicaragua and is located in the highly prospective [...]
Royal Road to Receive 3% Gold Royalty and Earn-in Option to Acquire 70% Interest Royal Road Minerals Ltd. is pleased to announce that its Colombian subsidiary, Exploraciones Northern Colombia SAS , has entered into a formalization agreement and a related earn-in option and royalty agreement with Sociedad Minera San Antonio S.A.S. , a company representing the interests of informal miners that have been carrying out [...]
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