Arya Resources (RBZFF) appointed geologist Roger B. March as Executive Vice President, Exploration, expanding his role beyond his current directorship.
March has more than 30 years of exploration and mining experience, including about 15 years at Foran Mining, where indicated and inferred resources at the McIlvenna Bay project rose from 12.67 million tonnes to 43.10 million tonnes before Foran’s C$3.8 billion acquisition by Eldorado Gold in April 2026. He also worked over a decade at Cumberland Resources, during which the Meadowbank gold resource increased from about 800,000 ounces to more than four million ounces prior to Cumberland’s C$710 million acquisition by Agnico Eagle in 2007.
March, a Professional Geoscientist and Qualified Person under NI 43-101, signed an employment agreement with per diem fees and discretionary bonuses. Arya retained Equinox Analytics for 12 months for C$100,000 to provide market research and analytics, subject to TSX Venture Exchange approval.
The company confirmed that a previously announced grant of 750,000 options at $0.75, expiring February 3, 2029, has now been issued, and it has granted an additional 650,000 options at $0.50, expiring September 15, 2031, with all option grants subject to TSX Venture Exchange approval.
Arya Resources (TSXV: RBZ) has completed the early exercise of its option to acquire a 100% interest in the Wedge Lake Gold Project in Saskatchewan’s La Ronge Gold Belt. To conclude the acquisition under the October 24, 2022 Option Agreement, as amended June 18, 2025, Arya paid the remaining $30,000 in cash ahead of schedule and issued 500,000 common shares to North-Sask Ventures.
Having met all cash and share obligations, Arya now owns the project outright, while North-Sask retains a 2.5% net smelter returns royalty (NSR). Arya holds the right to buy back 1.0% of the NSR for $1,000,000 before certain milestones, which would reduce the NSR to 1.5%. The 500,000 shares issued are subject to a statutory hold period of four months and one day from issuance.