Welcome to our dedicated page for Royal Road Miner news (Ticker: RRDMF), a resource for investors and traders seeking the latest updates and insights on Royal Road Miner stock.
Royal Road Minerals (RRDMF) is a mineral exploration leader focused on copper, gold, and polymetallic discoveries in Saudi Arabia and Morocco. This news hub provides investors with essential updates on exploration progress, technical advancements, and strategic developments.
Access consolidated information about drilling results, geochemical discoveries, and joint venture partnerships. Our repository ensures you stay informed about systematic exploration efforts using drone-borne scanning and grid-based soil analysis.
Key updates include project milestones from the Arabian Shield, Morocco's metamorphic terrains, and innovations in structural mapping techniques. Discover how modern geochemistry and regional expertise drive responsible resource development.
Bookmark this page for real-time access to press releases and operational updates. Monitor how Royal Road Minerals combines geological precision with sustainable practices to unlock mineral potential.
Royal Road Minerals announced that its Saudi Arabian joint-venture company, Royal Road Arabia (RRA), has won the bid for the Al-Miyah copper-gold exploration area. The Al-Miyah area comprises three contiguous exploration licenses covering 234 km2 in the Asir Province. Historic exploration identified promising mineralized zones with copper and gold content. RRA plans to invest USD $3.9 million in exploration over the next two years, with the potential for financial reimbursement from Saudi programs.
The company intends to carry out detailed mapping, soil sampling, and advanced drone-based scanning to identify drill targets by the end of 2024. RRA's exploration will leverage Saudi Arabia's financial assistance schemes, which support the mining sector as part of the Vision 2030 initiative.
CEO Dr. Tim Coughlin highlighted the significance of this opportunity and Saudi Arabia's proactive support for mining. The exploration is aimed at uncovering new copper and gold reserves with modern techniques.
Royal Road Minerals (TSXV: RYR) has provided an exploration update on the Jabal Sahabiyah project in Saudi Arabia. The project includes three contiguous licenses totaling 284 square kilometers in the Nabitah-Tathlith belt. Initial fieldwork has focused on two gossans, Jabal Muwayqirah and Hanash North, initially identified in the 1970s. Recent rock-chip samples have shown high copper (up to 5.0%) and gold (up to 7.5 grams per tonne) values. The company plans further structural mapping and grid-based auger soil sampling aiming for drill-testing by the end of 2024.