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Royal Road Announces Results from Final Three Scout Drill Holes at Its Luna Roja Skarn Gold Project; Nicaragua
Toronto, Ontario--(Newsfile Corp. - October 1, 2019) - Royal Road Minerals Limited (TSXV: RYR)...
About this update from Royal Road Minerals Limited
[{"type":"text","content":"Royal Road Announces Results from Final Three Scout Drill Holes at Its Luna Roja Skarn Gold Project; NicaraguaIntersects 69m at 1.5 grams per tonne gold and confirms gold mineralization in 450m step-outToronto, 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). Significant intersections include:LR-DDH-003 49m at 2.8 g/t gold                    (including 22m at 5.3 g/t gold)LR-DDH-005 23m at 2.1 g/t gold LR-DDH-008 18m at 2.7 g/t goldLR-DDH-011 45m at 1.1 g/t gold LR-DDH-012 49m at 2.4 g/t gold                    (including 18m at 5.4 g/t gold)LR-DDH-013 80m at 1.1 g/t gold                    (including 10m at 2.8 g/t gold)LR-DDH-016 69m at 1.5 g/t gold                    (including 15m at 2.5 g/t gold)To view an enhanced ...