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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A look at some of the Proactive US headine stories of the day
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
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.
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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.
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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.
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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.