Royal Road Commences Drilling at Guintar and Advances Colombian Exploration Portfolio

Royal Road Minerals Limited (RYR) issued an exploration update rather than a new drilling-results announcement. Diamond drilling has commenced at Güíntar, beginning from Platform 20 to test down-plunge and down-dip extensions beneath historical holes GUI-DD-013 and GUI-DD-028, with additional drilling planned from Platform 19. No new Güíntar drill assays are reported.

The release recycles previously reported historical intercepts: - GUI-DD-013: 131 m at 1.0 g/t AuEq, equivalent to 1.3% CuEq, including 57 m at 1.4 g/t Au, 10.2 g/t Ag and 0.6% Cu. - GUI-DD-028: 176 m at 1.2 g/t AuEq, equivalent to 1.4% CuEq, including 76 m at 2.1 g/t Au, 7.9 g/t Ag and 0.4% Cu; hole remained open at depth.

The Company explicitly states these are not true widths and it does not have sufficient information to estimate true widths.

Underground sampling at Algodona returned 36 m at 2.14 g/t Au and 6.95 g/t Ag, plus 11 m at 1.49 g/t Au; these are continuous rock-chip sampling lines from artisanal workings, not true widths.

Reprocessed historical IP data at Niverengo defined an untested chargeability anomaly greater than 40 mV/V coincident with a magnetic susceptibility high.

Selective resampling of 21 pyrrhotite-bearing veins from historical core returned 0.15 to 69.5 g/t Au, with a median of 1.17 g/t Au; samples were selected on vein presence and are explicitly not representative of overall grade.

At La Merced, channel sampling along approximately 140 m of road-cut returned an average of 1 g/t Au; this is a sampled traverse, not a continuous interval or true width.

Royal Road Minerals Limited (RYR) is a pre-revenue, pre-resource explorer with no mineral resources, reserves, or economic studies. The company’s market capitalization is approximately C$64 million, with its equity priced on exploration optionality rather than a defined deposit.

The recent release does not alter the resource or deposit thesis as there are no new drilling results. The market is already aware of the Güíntar historical intercepts; the stock has round-tripped from the March 2026 Güíntar release and is now near the C$0.20 financing price. Drilling commencement is expected after recent private placements, meaning this development is not an incremental surprise.

While the new surface and resampling data are encouraging, they are singular and selective and do not materially de-risk the project. Consequently, the release is not material in either direction, serving as a routine operational update with a modestly positive tone.

Royal Road Minerals Limited is a Jersey-headquartered mineral exploration company listed on the TSXV under ticker RYR, the OTCQB under RRDMF, and the Frankfurt exchange under RLU. The company explores for gold, copper, and silver across projects in Colombia, Saudi Arabia, and Morocco. Its principal asset is the GAM project in Antioquia, Colombia, which covers the Guintar-Aleman-Margaritas area and is interpreted as a porphyry-skarn Au-Cu-Ag system. Additionally, Chuscalita was granted as a 30-year mining concession in January 2026 and is located adjacent to Guintar.

In Saudi Arabia, the company holds the Jabal Sahabiyah project through a 50:50 joint venture with MIDU Company Ltd, which includes zinc-silver skarn and gold vein targets. In Morocco, Royal Road Minerals holds an option on the Lalla Aziza copper project. The share count is approximately 331-336 million following 2026 financings, with Rio2 Limited holding approximately 15%. Regarding prior-period financial context, at Q1-2026 the Company had C$4.93 million in cash, working capital of C$4.97 million, and a Q1 net loss of C$2.47 million, with no revenue reported.