Royal Road Minerals Reports Positive Rock-chip Channel Results from Ash Shajjah, Saudi Arabia: Follow-up Drilling Planned

The November 17, 2025 news release reports positive rock-chip channel sampling results from the Ash Shajjah prospect, part of the Jabal Sahabiyah gold project in Saudi Arabia. The company completed 284 meters of channel sampling. Highlights include a high-grade intercept of 6 meters at 15.0 grams per tonne (g/t) gold. Other significant results include 10 meters at 2.2 g/t gold, 9 meters at 1.3 g/t gold, and 11 meters at 0.9 g/t gold. The company states that these results have improved their understanding of the gold systems and they plan to conduct follow-up drilling once mapping and modeling are complete in the coming weeks.

The news is a positive, incremental step forward for the company's exploration efforts in Saudi Arabia. The high-grade result of 6 meters at 15.0 g/t gold from a surface channel sample is particularly encouraging and indicates the potential for high-grade shoots within the vein system. This release builds upon the initial scout drilling and sampling results announced on October 6, 2025, adding more confidence and specific targets to the Jabal Sahabiyah project.

However, as a critical analyst, it's important to note these are surface rock-chip samples, not drill results. Their significance is in guiding future drilling, and they do not confirm the depth, continuity, or true width of the mineralization.

The timing of this news is significant. It comes just two weeks after the company announced a C$5 million financing on November 3, intended to fund drilling in both Saudi Arabia and Colombia. These positive results provide immediate justification for deploying that capital at Ash Shajjah.

In the broader context, this news contributes to the positive momentum initiated by the strategic investment from Rio2 Ltd. on September 29, 2025. The company is demonstrating exploration progress in a key new jurisdiction, which is exactly what new investors want to see.

Overall, the news is rated "Routine - Positive." It's a standard exploration update, but the quality of the results, particularly the high-grade intercept, is above average and successfully de-risks the next stage of exploration. It will not likely cause a major stock price movement on its own, but it reinforces the positive investment thesis.

Royal Road Minerals is a mineral exploration company with a diversified portfolio of projects in Colombia, Saudi Arabia, and Morocco. - Colombia: The company's most advanced project is the wholly-owned Guintar-Margaritas gold-copper-silver project. It has shown significant porphyry, skarn, and vein-style mineralization from past drilling, with notable intercepts such as 303.7 meters of 1.0 g/t AuEq. Work is now being recommenced after a period of inactivity. - Saudi Arabia: Through a 50-50 joint venture, the company is exploring the Jabal Sahabiyah project, a 284 sq km license package prospective for polymetallic skarn and sheeted-vein gold systems. Recent results from the Ash Shajjah prospect are promising. - Morocco: The company is exploring for copper at the Lalla Aziza project under an option agreement and recently dropped its option on the Alouana project after disappointing drill results.