Royal Road to make formal offer for Caza Gold by Jan. 20
Royal Road Minerals Limited on Tuesday reaffirmed its intention to make a friendly offer for Caza Gold Corp. on the same terms it outlined on Dec 6
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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Royal Road Minerals Limited on Tuesday reaffirmed its intention to make a friendly offer for Caza Gold Corp. on the same terms it outlined on Dec 6
Royal Road Minerals released results from the first three diamond drill holes of its four-hole exploration scout drilling program at the La Golondrina gold project, Narino province, Colombia on Monday
Dr Tim Coughlin told Proactive Investors that the agreed merger represented the first step in its "cunning plan" to become Latin America's premier exploration company
Royal Road Minerals reported swelling assets and a sharply reduced loss with its nine-month earnings on Tuesday
For the most part, drill holes were of a large diameter in-order to collect as much representative sample as possible
Royal Road Minerals Limited (CVE:RYR) shares were up more than 8% on Tuesday after the gold-focused mineral explorer, provided an update on its activities in southern Colombia
Drilling had been earmarked to start at the end of July but the firm is now awaiting for specialised equipment.
Royal Road has struck a binding Letter of Intent over the Mina La Maria gold project
An initial scout diamond drilling program of between 1,000 and 1,500 meters at the project is planned
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The round-up of all the news from mining, oil & gas from the world of Proactive.
Royal Road Minerals Limited (CVE:RYR) took another step on its gold development journey - with a new environmental licence for its La Golondrina property in Colombia and plans to start drilling this summer.
Royal Road Minerals shares jump 7% after the company announces the close of its second and final tranche of its non-brokered private placement offering with the issuance of 5,845,000 units at a price of C$0.05 per unit for gross proceeds of
Royal Road Minerals Limited is set to buy the La Redención gold project, which lies just 450 metres from the boundary of the group's La Golondrina project in Colombia.
Royal Road Minerals Limited updated further on its plans to tap the market for up to C$1mln, giving details of the purchase warrants offered and plans for the proceeds.
The company will complete a non-brokered private placement of up to 20mln units of the company at a purchase price of C$0.05 per unit.
Archive
There were some big stories for mining juniors Friday...after a fairly busy week..
Royal Road Minerals is excited about the latest results from underground samples at the La Golondrina gold mine in Colombia.
Royal Road Minerals has penciled in an exclusivity agreement over the Mina La Redención gold project, close to its La Golondrina project in Colombia.
The results from the first eleven saw-cut channels have now been returned to the company.
Royal Road is now focussing on assets in Colombia, where it recently acquired La Golondrina.