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Mont Royal Files PEA Technical Report for the Ashram Project

Montreal, Quebec--(Newsfile Corp. - June 19, 2026) - Mont Royal Resources Ltd (ASX: MRZ) (TSXV: MRZL) ("Mont Royal" or "the Company") is pleased to announce that it has filed a National Instrument 43-101 Technical Report Preliminary Economic Assessment for its Ashram Project. The report titled "NI 43-101 Technical Report, Preliminary Economic Assessment for the Ashram Rare Earths Project, Nunavik, Quebec, Canada" with an Effective Date of 29 May 2026 (the "Technical Report"), was prepared in...

articleMont Royal Resources Ltd.June 19, 20268/news/mont-royal-files-pea-technical-report-for-the-ashram-project
Mont Royal Files PEA Technical Report for the Ashram Project

About this update from Mont Royal Resources Ltd.

Montreal, Quebec--(Newsfile Corp. - June 19, 2026) - Mont Royal Resources Ltd (ASX: MRZ) (TSXV: MRZL) ("Mont Royal" or "the Company") is pleased to announce that it has filed a National Instrument 43-101 Technical Report Preliminary Economic Assessment for its Ashram Project. The report titled "NI 43-101 Technical Report, Preliminary Economic Assessment for the Ashram Rare Earths Project, Nunavik, Quebec, Canada" with an Effective Date of 29 May 2026 (the "Technical Report"), was prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"). Under NI 43-101, issuers must file a technical report within 45 days of the date of initial disclosure of the results of a preliminary economic assessment ("PEA"). The Technical Report is available for review on both SEDAR+ (www.sedarplus.ca) and the Company's website (montroyalres.com). The Technical Report supports the news release dated 9 June 2026, announcing the results of the PEA, titled "Robust Updated PEA Highlights Ashrams Potential." This releases is available on the Company's website and under its profile at www.sedarplus.ca and www.asx.com.au. There are no material differences between the Technical Report and the information disclosed in the news releases dated 9 June 2026. About Mont RoyalMont Royal Resources Limited (ASX: MRZ) (TSXV: MRZL) is a critical minerals development and exploration company with projects located in Quebec, Canada. The Company is dedicated to advancing its 100%-owned Ashram Rare Earth and Fluorspar Deposit in Nunavik, Québec, Canada - one of the largest monazite-dominant carbonatite-hosted Rare Earth Elements deposits in North America. In addition, the Company owns 75% of Northern Lights Minerals 536km2 tenement package located in the Upper Eastmain Greenstone belt. The projects are located in the emerging James Bay area, a Tier-1 mining jurisdiction of Quebec, and are prospective for lithium, precious (Gold, Silver) and base metals mineralisation (Copper, Nickel). For further information regarding Mont Royal Resources Limited, please visit the ASX platform (ASX: MRZ) or Mont Royal's website www.montroyalres.com Figure 1 Location of the Ashram REE & Fluorspar Project, the Northern Lights Project and the Port of Saguenay To view an enhanced vers...

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Mont RoyalTechnical ReportMont Royal Resources LimitedNational Instrument 43-101forward-looking statementsAshram ProjectAshram Rare Earths ProjectQuebec, Canada