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Royal Road Intersects 80.5 Meters at 1.0 Grams per Tonne Gold (Including 18.0 Meters at 3.0 Grams per Tonne Gold) in Step Out Drill Hole, Adjacent to Its Guintär Copper and Gold Project; Colombia
Intersects a further 177 meters at 1.0 grams per tonne gold equivalent at Guintär Toront...
About this update from Royal Road Minerals Limited
[{"type":"text","content":"Royal Road Intersects 80.5 Meters at 1.0 Grams per Tonne Gold (Including 18.0 Meters at 3.0 Grams per Tonne Gold) in Step Out Drill Hole, Adjacent to Its Guintär Copper and Gold Project; ColombiaIntersects a further 177 meters at 1.0 grams per tonne gold equivalent at GuintärToronto, Ontario--(Newsfile Corp. - June 28, 2022) -  Royal Road Minerals Limited (TSXV: RYR) (\"Royal Road\" or the \"Company\") announces results from a further three diamond drill holes at its Guintär copper-gold exploration project and initial drill results from the immediately contiguous El Aleman option agreement area, in Antioquia Department, Colombia.The Guintär project is part of the Guintär-Niverengo and Margaritas (GNM) project area which comprises the two contiguous Guintär and Niverengo concession contracts and the neighboring Margaritas concession contract, located approximately 50 Km west of Medellin in Antioquia Department, Colombia (see Figure 1). The titles were acquired through the Company's purchase of Northern Colombia Holdings Limited, an affiliate of AngloGold Ashanti Limited (see Press Release May 31, 2019). The GNM project is a 50-50 exploration joint venture pursuant to a strategic alliance agreement dated March 2, 2020 between the Company and Mineros S.A. (\"Mineros\" TSX:MSA; MINEROS:CB; see Press Release March 3, 2020). Royal Road is operator of the strategic alliance. Drilling at Guintär commenced in July of 2021 and was aimed principally at testing for an underlying intrusive or porphyry-related source to the gold and copper mineralization which had been intersected in previous drilling and is evident in surface geochemical sampling over an area of more than 10 square kilometers (see Figure 1). Results to-date have been encouraging and include; GUI-DD-012, 303.7 meters at 1.0 grams per tonne gold equivalent[1] (including 62.0 meters at 2.1 grams per tonne gold, 12.4 grams per tonne silver and 0.62% copper), GUI-DD-013, which returned 126.0 meters at 1.4 grams per tonne gold equivalent, GUI-DD-020 which returned 118.0 meters at 1.0 grams per tonne gold equivalent and GUI-DD-021 which returned 181.0 meters at 1.1 grams per tonne gold equivalent (including 43.0 meters at 2.4 grams per tonne gold, 8.0 grams per tonne silver and 0.40% copper), from diorite-hosted, porphyry-style mineralization...