Royal Road Minerals advances Colombian aims with Ecomun framework deal
Ecomun is a joint social and economic organization established in May this year,
Company
CVE:RYR
Royal Road Minerals (TSXV: RYR | OTCQB: RRDMF) is a copper–gold exploration company headquartered in Jersey, Channel Islands. Royal Road is advancing a portfolio of prospective land-packages across Colombia, Saudi Arabia and Morocco. In Colombia, the Guintar–Aleman–Margaritas (GAM) Project represents Royal Road's most advanced project to date, currently in the resource drilling stage. The Company also holds one of the largest portfolios of titles and applications in Colombia. Royal Road’s strategy centres on early entry, systematic target generation and disciplined exploration across a pipeline of copper–gold targets.
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Ecomun is a joint social and economic organization established in May this year,
Caza, which it has now bought, controlled land in the highly prospective but undeveloped gold belts of Nicaragua
Hemco holds licences covering around 200,000 hectares in Nicaragua
He has served as a geologist with Anglo American Corp. and with AngloGold Ashanti in a number of roles
The group's key operating subsidiary in Nicaragua was transferred by Caza Gold Corp to Royal Road Minerals
To assess the extent of copper and gold, nine horizontal channels were cut across exposed rock faces
Caza controls a large land position in the highly prospective but largely undeveloped gold belts of Nicaragua
Chairman Peter Mullens has put his hand in his pocket as has Polygon Mining Opportunity Fund
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Caza's two key projects, believes Royal Road, are the Los Andes and Piedra Iman projects.
Royal Road Minerals Ltd. said on Friday that Donald R. Njegovan has informed the company that, due to other professional commitments, he is to regretfully resign from the board of directors
Royal Road Minerals provided an update on Thursday for its exploration activities in Colombia and details of the acquisition projects from Caza Gold Corp. in Nicaragua
Royal Road Minerals has taken up a total of 137,822,549 common shares of Caza Gold Corp., representing over 90% of Caza's issued and outstanding common shares
In January this year the group made an offer to buy Caza Gold Corp (CVE:CZY) in an all-share deal.
Last week, Royal Road brought in C$3.6mln to finance its Colombia plans and anticipated operations in Nicaragua
“These appointments come at a crucial time in the company’s evolution” said Dr Tim Coughlin, Royal Roads' president and chief executive.
The proceeds are intended to help finance its planned operations in Colombia and its anticipated operations in Nicaragua
The net proceeds are intended to help finance its planned operations in Colombia and its anticipated operations in Nicaragua
Royal Road Minerals Ltd. said on Friday it has made an offer to buy Caza Gold Corp. in an all-share deal.
Royal Road Minerals has appointed Pollitt & Co. to lead a syndicate of agents, including Echelon Wealth Partners Inc. and M Partners Inc., to conduct a private placement offering, on a best-efforts agency basis, of up to 30 million units of