Mineral Road Provides Summary of Projects

Executive Summary

• Mineral Road Discovery Inc. provided a comprehensive overview of its diversified portfolio across vanadium, magnesium, copper‑gold, tungsten, and other critical minerals.
• The company disclosed the recent acquisition of 100% ownership of the Bergslagen tungsten project in southern Sweden, adding former‑producing Yxsjoberg tungsten assets to its holdings.
• ROAD highlighted strategic stakes in Ausvan Battery Metals (55%), Golcap Resources (≈36%) and full ownership of several projects, underscoring its focus on critical metals for global supply chains.

Key Details

• Ausvan Battery Metals Pty Ltd: 55% equity; owns Allaru Vanadium Project (8 licences, 1,584 km²) with a large inferred JORC vanadium resource.
• Leigh Creek Magnesium Project (South Australia): 100% owned; hosts substantial historical magnesite resource and feasibility studies for magnesium production.
• Wheeler Copper‑Gold Project (Quebec): 100% owned; covers 25 km east‑west magnetic anomaly, historic high‑grade copper drill results, prospective for Cu, Au, Ni, Co, PGEs.
• Bergslagen Tungsten Project (Sweden): Recently acquired 100%; includes licences covering former Yxsjoberg tungsten mine, adding a critical metal asset to the portfolio.
• Golcap Resources Corp.: ~36% ownership; focuses on vanadium and titanium projects, recently acquired Vallan Vanadium‑Titanium Project in Quebec and holds Finland Gold Project.
• Emphasis on critical minerals (vanadium, magnesium, copper, gold, tungsten) aligned with global demand for steel, battery storage, aerospace, automotive, and other high‑tech applications.

Notable Quotes

• “Mineral Road Discovery believes that high-quality mineral exploration targets in top‑notch jurisdictions, focused on metals that are critical for the global economy makes for a compelling investment thesis.” – Jason Cubitt, CEO & Damien Reynolds, Executive Chairman.