For thousands of other reports visit RSC's Mineral Intellingence Map
Royal Road Minerals Ltd.
Summary
| Project: | Luna Roja | |
|---|---|---|
| Deposit: | Luna Roja | |
| Location: | Nicaragua | |
| Commodities: | Gold | |
| Date: | 10/1/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 1-10-2019: Royal Road Minerals Ltd. announces an Exploration/Drilling Update report for its Luna Roja deposit at the Luna Roja project. Drilling results incl. 49m @ 2.80g/t Au from 36.05m. Toronto, Ontario--(Newsfile Corp. - October 1, 2019) - Royal Road | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Tim Coughlin (Internal) | |
| ABSTRACT: | Toronto, Ontario--(Newsfile Corp. - October 1, 2019) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road" or the "Company") is pleased to announce final drilling results from its recently completed 17-hole scout diamond drilling program at its Luna Roja gold project in northeastern Nicaragua. The Luna Roja project forms a part of the Company's Strategic-Alliance agreement (see press release; September 6, 2017) with Hemco Mineros Nicaragua ("Hemco" a subsidiary of Colombia's Grupo Mineros S.A. MINEROS:CB) and is located in the highly prospective Golden Triangle of northeastern Nicaragua, a region characterized by epithermal style gold veins, skarn and porphyry-style mines that have been in operation since the early 1900's. Hemco Mineros Nicaragua own and operate the Bonanza gold mine which is located approximately 26 kilometers to the northwest of Luna Roja. Royal Road Minerals is operator of the Strategic Alliance. Royal Road and Hemco have completed an initial 17-hole, 2472 meter, scout drilling program at Luna Roja. This is the first drilling program to be completed on the project. Results have now been returned for all drill holes (see Table1; and press release; September 4, 2019, intersections are not true widths and the Company does not have sufficient information to make a determination of the true widths of the drill hole intersections of the mineralized zone). | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report