Drill Results
Royal Road Mineral Provides Update: Guintar -Margaritas Project, Colombia
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Executive Summary
- Royal Road Minerals announced significant drill intercepts from its Güíntar‑Margaritas project in Colombia, highlighting extensive porphyry‑style gold‑copper‑silver mineralization to depths >250 m.
- Multiple high‑grade intervals were intersected across 45 diamond holes, including a 62 m interval of 2.1 g/t Au, 12.4 g/t Ag and 0.6 % Cu (GUI‑DD‑012).
- The company plans to recommence drilling and expand its exploration program after securing community and governmental support.
Key Details
- Project Overview: Güíntar‑Margaritas hosts skarn, vein‑gold, and newly identified copper‑gold‑silver porphyry systems in Antioquia, Colombia.
- Drilling Summary: 45 diamond holes completed; ~50 % terminated in anomalous gold grades, indicating deeper potential.
Porphyry‑Style Intersections
| Hole | Depth (m) | Interval (m) | Au (g/t) | Ag (g/t) | Cu (%) |
|---|---|---|---|---|---|
| GUI‑DD‑012 | 143–205 | 62 | 2.1 | 12.4 | 0.6 |
| GUI‑DD‑013 | 119–174 | 55 | 1.5 | 10.8 | 0.6 |
| GUI‑DD‑020 | 6–60 | 54 | 1.0 | 5.5 | 0.2 |
| GUI‑DD‑021 | 148–191 | 43 | 2.4 | 8.0 | 0.4 |
| GUI‑DD‑024 | 130–177 | 47 | 1.1 | 4.3 | 0.2 |
- Additional gold‑equivalent intervals noted (e.g., 303.7 m at 1.0 g/t Au equiv in GUI‑DD‑012).
Vein‑Gold Intersections
- ALM‑DD‑001: 24 m @ 2.4 g/t Au (projected to surface); 80.5 m @ 1.0 g/t Au eq.
Skarn‑Style Intersections
| Hole | Depth (m) | Interval (m) | Au (g/t) | Ag (g/t) | Cu (%) |
|---|---|---|---|---|---|
| NIV‑DD‑003 | 0–38 | 38 | 1.3 | – | – |
| NIV‑DD‑004 | 6–182 | 176 | 0.8 | – | – |
| NIV‑DD‑007 | 1–28 | 27 | 0.2 | 222.0 | 0.1 |
| NIV‑DD‑008 | 1–29 | 28 | 0.2 | 100.0 | 0.1 |
| NIV‑DD‑010 | 14–23 | 9 | 0.9 | 235.5 | 0.1 |
- Gold‑equivalent calculations provided for high‑silver intervals (e.g., 2.7 g/t Au eq in NIV‑DD‑007).
Historical Context & Prior Work
- Acquisition of Northern Colombia Holdings (2019) gave Royal Road full ownership of the concessions.
- 2020 scout program: 1,179 m focused on skarn mineralization.
- 2021–2022 porphyry‑style drilling (17 holes, 6,287 m) identified deep stockwork and surface extensions.
- Recent channel sampling on “Güintar North” returned up to 24.2 m @ 0.9 g/t Au, 16.2 g/t Ag, 0.3 % Cu.
Soil & Rock‑Chip Sampling (Margaritas)
- Rock‑chip gold up to 34 g/t (mean 0.2 g/t).
- Silver up to 3,160 g/t (mean 18.2 g/t).
- Copper up to 0.8 % (mean 0.02 %).
Forward Outlook
- Company has secured renewed support from the Colombian Mining Agency and local communities.
- Preliminary program being laid out to refine geometry of mineralized zones and extend drilling away from known high‑grade intervals.
Notable Quotes
“We are most grateful for the renewed initiative and support from the Colombian Mining Agency… Güintár and Margaritas are key components of a newly emerging metallogenic district, with exploratory drilling providing unambiguous evidence of along strike and particularly depth potential for significant porphyry, sheeted vein and skarn‑style, gold, copper and silver mineralization.” – Dr. Tim Coughlin, President & CEO
All technical data reviewed and approved by Dr. Tim Coughlin, Qualified Person (NI 43‑101).
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Jul 28, 2026 · 09:29