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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Archive
Aside from Chancellor George Osborne's statement and the UK macro picture, a big small cap story of the day came from tungsten explorer W Resources, which has been granted development approval for its La Parrilla tungsten mine in Spain.
Royal Road Minerals announced a deal to sell its Turkish subsidiary as it focuses efforts on the Golondrina project and Colombia....
The La Golondrina project in Colombia looks to have the right sort of credentials to survive gold price fluctuations, reckons Royal Road Minerals' (CVE:RYR) chief Dr Tim Coughlin...
African Potash and Royal Road also had news out this week...
Tim Coughlin describes it as a "necessary and logical" step
Investments and investor services
There were a lot of miners reporting today in the small cap space
Royal Road issued 4.875mln shares at a price C$0.08 in the placing to raise C$390,000.
Archive
A mixed bag today, with news from a variety of sectors....
Royal Road Minerals has struck a deal to acquire a Colombian gold mine, where it reckons it could define a high-grade resource of over a million ounces.
“We’re a good example for a company in bear market territory,” says Tim Coughlin, Royal Road's chief executive.
Industry veteran Rebecca Hudson has taken over as CFO.
At first sight, a move by the Turkey-focused exploration company into Colombia seems a bit of a leap, but the Royal Road team has experience of working in South America.
Investments and investor services
Mariana Resources released a maiden mineral resource estimate for the Hot Maden gold-copper project in eastern Turkey.
Royal Road Minerals, is planning three diamond drill holes at the Gömeç gold project in Turkey to test for deeper, higher grade targets.
Investments and investor services
Time to dig out that Spandau Ballett 45, as there is lots of news from the gold sector today
Royal Road Minerals said the first three holes of its programme at the Gömeç project in Turkey were encouraging... .
Royal Road Minerals (CVE:RYR), formerly Tigris Resources, said drilling is due to kick off at the Gömeç gold project in Western Turkey this week now that permits have been received.
