Northwire Canada EditionThursday, October 29, 2026
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Gold 4,029.70 −0.5% Silver 52.45 −2.3% Copper 6.59 −1.2% Oil 100.70 −2.0% Palladium 1,001.00 −1.3% AYA 35.33 +0.0% SNAG 0.215 +0.0% GLDC 0.310 +0.0% SCZ 10.51 +0.0% VCT 0.030 +0.0% SAGA 0.305 +0.0% ICM 0.055 +0.0% CD 0.245 +0.0% RRRL 0.150 +0.0% TIGR 0.610 +0.0% FEO 0.600 +0.0% MINK 0.075 +0.0% ARTG 38.00 +0.0% HART 0.160 +0.0% GHRT 0.590 +0.0% SSV 0.395 +0.0% Gold 4,029.70 −0.5% Silver 52.45 −2.3% Copper 6.59 −1.2% Oil 100.70 −2.0% Palladium 1,001.00 −1.3% AYA 35.33 +0.0% SNAG 0.215 +0.0% GLDC 0.310 +0.0% SCZ 10.51 +0.0% VCT 0.030 +0.0% SAGA 0.305 +0.0% ICM 0.055 +0.0% CD 0.245 +0.0% RRRL 0.150 +0.0% TIGR 0.610 +0.0% FEO 0.600 +0.0% MINK 0.075 +0.0% ARTG 38.00 +0.0% HART 0.160 +0.0% GHRT 0.590 +0.0% SSV 0.395 +0.0%
Drill Results Neutral

River Road Completes LiDar Survey at Stobart

River Road completes LiDAR survey at its Stobart project in British Columbia, with drone magnetics scheduled next for the pre-revenue gold play.

Executive Summary

River Road Resources Ltd. (RRRL) announced the completion of a helicopter LiDAR survey on its Stobart Property in British Columbia. The survey covered 7.17 km² at a raw point density of 50 points/m² with 10cm GSD imagery. Data processing will create detailed topographic maps to identify disturbances indicative of unknown workings, pits, or quartz veining.

A drone magnetic survey is scheduled to commence shortly to guide future trenching and drilling. CEO R. Tim Henneberry stated the surveys will serve as key guides for future trenching and drilling.

The company is earning a 100% interest in the property subject to a 2% NSR royalty. Earn-in milestones due by July 7, 2027 include: - $15,000 paid - 2.3M shares issued (800k done) - $300,000 exploration expenditures ($133,430 done)

Historic grab sampling returned up to 5 g/t Au. 2025 soil geochemistry traced veins along strike.

Material Impact

River Road Resources Ltd. (RRRL) has completed a LiDAR survey on its Stobart property, marking an expected operational step following the commencement announcement made on October 15. The company did not provide any drill results, assay data, or resource estimates with the announcement, meaning the news does not alter the fundamental exploration risk profile.

The data processing phase serves as a standard technical precursor to trenching and drilling, aligning with the company's stated exploration plan. While the announcement reinforces the company's commitment to the Stobart property, it does not introduce new catalysts or financial changes. The market impact is limited to routine operational tracking, with no immediate price discovery drivers.

Progress on the earn-in remains on track but requires significant additional capital, specifically $166,570 in expenditures and 1.5 million shares, by mid-2027.

RRRL · Price
Company Overview

River Road Resources Ltd. (RRRL) is a pre-revenue junior exploration company focused on the Stobart gold-silver property in British Columbia. The Stobart Property is an epithermal gold project located in the Cretaceous Spences Bridge Group, approximately 95 km southwest of Williams Lake.

The project is currently in the early exploration stage, with historic grab samples returning up to 5 g/t Au and soil geochemistry tracing veins along strike. The company aims to earn a 100% interest in the property through a combination of cash payments, share issuances, and exploration expenditures. Management is led by CEO R. Tim Henneberry, P.Geo., who oversees the technical and operational aspects of the exploration program.

Read the original news release →

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