Research backs Royal Road Minerals strategy as Colombia drilling restarts ahead of pivotal election

Royal Road Minerals Ltd (TSX-V:RYR, OTC:RRDMF) is backmost drilling successful Colombia astatine a infinitesimal of imaginable governmental inflexion, with caller results from its Güíntar gold-copper-silver task successful the Antioquia portion confirming a ample and increasing mineralised system.

That's the header from probe by SCP Resource Finance, which maintains a bargain standing and a C$0.60 terms people connected the Toronto-listed explorer against a existent stock terms of C$0.19.

The archetypal 4 holes of a 2,500-metre diamond drilling programme astatine the Güíntar-Aleman-Margaritas (GAM) task returned wide intervals emblematic of a porphyry-skarn system, a benignant of large-scale copper and golden deposit formed erstwhile magma intrudes into surrounding rock, driving mineralisation crossed wide zones that tin enactment bulk-tonnage mining.

Highlights see 418 metres astatine 0.6 grams per tonne golden equivalent from 3 metres depth, and a higher-grade intersection of 176 metres astatine 1.2 grams per tonne golden equivalent from 18 metres, with drilling astatine adjacent targets Niverengo and Aleman besides returning worldly results.

SCP frames the GAM results arsenic the opening enactment of a overmuch larger story.

Royal Road controls astir 1,840 quadrate kilometres of crushed successful Colombia, overmuch of it acquired from AngloGold Ashanti erstwhile the mining large stepped backmost from early-stage exploration successful 2019, representing a portfolio assembled for astir $38 cardinal that includes aggregate targets ne'er drilled astatine scale.

Among the astir anticipated is El Molino, described by SCP arsenic AngloGold's preferred people earlier divestment, with the institution present seeking to mobilise drilling determination this summer.

The governmental backdrop adds a further dimension. Colombia heads into a May 2026 predetermination with the existent medication of President Gustavo Petro, which tightened permitting and slowed exploration investment, acceptable to exit, and SCP argues that exploration superior is opening to re-engage with a jurisdiction paused for governmental alternatively than geological reasons.

Royal Road's main executive, Dr Tim Coughlin, is simply a erstwhile main geologist for AngloGold Ashanti successful South America who antecedently led the find of the five-million-ounce Amulsar golden deposit successful Armenia, a way grounds SCP highlights arsenic cardinal to its concern case.