Royal Road Mineral Provides Update: Guintar -Margaritas Project, Colombia

Core Viewpoint - Royal Road Minerals Limited is actively collaborating with local authorities and communities to recommence exploration work at its key Colombian asset, the Güíntar-Margaritas project, which shows significant potential for gold, copper, and silver mineralization [1][22]. Project Overview - The Güíntar-Margaritas project is located in the Antioquia region of Colombia, approximately 50 kilometers west of Medellín, and includes multiple mining concession contracts [9]. - The project was acquired through Royal Road's purchase of Northern Colombia Holdings Limited, a subsidiary of AngloGold Ashanti Limited, and has undergone various exploration activities since 2015 [9][10]. Exploration Results - Recent exploratory drilling has revealed both vein gold and porphyry-style gold-copper-silver mineralization extending from the surface to depths exceeding 250 meters [2]. - A total of 45 diamond drill holes have been completed, with 50% terminating in gold grades considered anomalous, indicating further potential at depth [2]. Porphyry-Style Intersections - Significant intersections include: - GUI-DD-012: 62 meters at 2.1 g/t gold, 12.4 g/t silver, and 0.6% copper from 143 to 205 meters [3]. - GUI-DD-021: 43 meters at 2.4 g/t gold, 8.0 g/t silver, and 0.4% copper from 148 to 191 meters [3]. Vein-Gold-Style Intersections - Notable intersections include: - ALM-DD-001: 24 meters at 2.4 g/t gold from 323 to 347 meters [4]. Skarn-Style Intersections - Significant intersections include: - NIV-DD-007: 27 meters at 222.0 g/t silver, 0.2 g/t gold, and 0.1% copper [4]. Future Plans - The company plans to refine its understanding of the mineralization geometry and extend drill holes away from known higher-grade material [22]. - The Margaritas project is fully permitted and ready for drill-testing, with previous rock-chip sampling returning up to 34 g/t gold and 3,160 g/t silver [19]. Company Background - Royal Road Minerals is a mineral exploration and development company focused on discovering and developing large-scale copper and gold deposits while minimizing environmental impact [23].