Royal Road Minerals Provides Exploration Update

Core Viewpoint - Royal Road Minerals Limited is advancing its exploration activities in Colombia, Saudi Arabia, and Morocco, with significant developments expected in drilling programs and new exploration licenses [1][15]. Colombia - The company is finalizing drill locations and preparing for a drilling program at the Guintar-Aleman-Margaritas (GAM) project, with a drone-borne magnetic survey nearing completion to refine geological interpretation [2][3]. - Initial drill pads have been established, with previous channel sample results showing 24.2 meters at 0.9 grams per tonne gold and 15.7 meters at 0.9 grams per tonne gold, among other results [3][4]. - Drilling is expected to commence before the end of January, following final drill collar verification [5]. Saudi Arabia - Exploration activities are conducted through Royal Road Arabia, a joint venture with MIDU Company Limited, focusing on the Jabal Sahabiyah project where reverse circulation drilling is testing gold-vein systems [6][7]. - Positive rock-chip channel results have been reported, including 10 meters at 2.2 grams per tonne gold and 6 meters at 15.0 grams per tonne gold [7]. - The company has been awarded seven additional exploration licenses covering three areas, with a minimum expenditure commitment of SAR 225,000 (approximately US$65,000) over the first two years [8][9]. Morocco - In Morocco, the focus remains on the Lalla Aziza project, with activities centered on title consolidation and advancing the project towards the next phase of exploration [14]. - The company is working on transferring the Lalla Aziza copper mining license to its wholly owned Moroccan subsidiary, Mineraux Chemin Réel [14]. Future Outlook - The company expresses confidence in its exploration pipeline, highlighting the imminent drilling at GAM in Colombia and the growing project portfolio in Saudi Arabia as pivotal opportunities for the upcoming year [15].