Business
Royal Road Minerals Updates Consolidation Strategy at Lalla Aziza; Kingdom of Morocco
Toronto, Ontario--(Newsfile Corp. - April 22, 2026) - Royal Road Minerals Limited (TSXV: RYR) (OTCQB: RRDMF) (FSE: RLU) ("Royal Road" or the "Company")
About this update from Royal Road Minerals Limited
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - April 22, 2026) - Royal Road Minerals Limited (TSXV: RYR) (OTCQB: RRDMF) (FSE: RLU) (\"Royal Road\" or the \"Company\") provides an update on its activities at its Lalla Aziza project in the Kingdom of Morocco. Lalla Aziza is an underground copper-mine located in Morocco's Western High Atlas, approximately 90 kilometers southwest of Marrakesh. Lalla Aziza is owned and operated by Moroccan mining company, Carbomine SARL. In December 2024, Royal Road entered into an Option Agreement with Carbomine, which provides the Company with an option to acquire 100% of the Lalla Aziza Mining License. Royal Road has completed a 15-hole, 1000-meter reverse circulation scout-drilling campaign at the project. Drilling returned encouraging results (see Press Release dated July 14, 2025), confirming the presence of copper mineralization within the Seksaoua shear zone, a regionally extensive structure hosting historically mined copper and gold mineralization in the High Atlas region of Morocco. Highlights from the Company's scout drilling program include: RC25LA002RC25LA004RC25LA005RC25LA007RC25LA009RC25LA010RC25LA012 From 32 to 51 metersFrom 12 to 17 metersFrom 18 to 35 metersFrom 0 to 31 metersFrom 18 to 37 metersFrom 26 to 47 metersFrom 51 to 63 meters 19 meters at 1.1% copper17 meters at 1.3% copper17 meters at 1.1% copper (End of hole)31 meters at 0.7% copper19 meters at 1.0% copper21 meters at 1.0% copper12 meters at 0.7% copper (Not true width and the company does not have sufficient information to determine the true widths of the drill hole intersections) These initial results confirm that economically significant copper grades extend across the width of the mineralized structure. Mineralization demonstrates continuity along strike and remains open, with indications of extension at depth. Subsequent to the completion of drilling, certain corporate matters affecting the underlying license holder have delayed the advancement of formal license transfer processes. These matters are progressing through the appropriate channels. In parallel, Royal Road has entered into a confidentiality agreement which provides a period of exclusivity over a contiguous mining title within the same structural corridor. The Company has also engaged SCP Resource Finance, an independent broker dealer specializing in the glo...