Northwire Canada EditionThursday, September 10, 2026
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GOLD 4460.70 +0.5% SILVER 68.65 +2.5% COPPER 6.85 +0.4% OIL 96.05 +3.2% PALLADIUM 1381.00 +0.9% EMO 0.330 +0.0% NAM 0.220 +0.0% CCMC 0.650 +1.6% TLO 8.34 +9.3% TMQ 4.85 +4.8% RYR 0.200 +0.0% IMG 28.43 +0.4% ALGR 0.730 +7.3% ANDC 1.27 +4.1% SPMC 0.900 −2.2% DSV 13.12 +0.6% VAU 0.220 +4.8% PGC 0.025 −16.7% LBNK 0.730 −2.7% SKP 0.165 +0.0% BGD 0.090 +5.9% GOLD 4460.70 +0.5% SILVER 68.65 +2.5% COPPER 6.85 +0.4% OIL 96.05 +3.2% PALLADIUM 1381.00 +0.9% EMO 0.330 +0.0% NAM 0.220 +0.0% CCMC 0.650 +1.6% TLO 8.34 +9.3% TMQ 4.85 +4.8% RYR 0.200 +0.0% IMG 28.43 +0.4% ALGR 0.730 +7.3% ANDC 1.27 +4.1% SPMC 0.900 −2.2% DSV 13.12 +0.6% VAU 0.220 +4.8% PGC 0.025 −16.7% LBNK 0.730 −2.7% SKP 0.165 +0.0% BGD 0.090 +5.9%
Drill Results Routine +

Royal Road Minerals Identifies Broad Hydrothermal System and High-Grade Silver-Antimony Veins at the Margaritas Target, GAM Project; Colombia

Royal Road identified a new high-grade silver-antimony vector at its GAM project, extending the district-scale porphyry model in Colombia.

By The Northwire Desk — AI Analysis Jun 09, 2026 · 08:31 RYR · 0.2 Royal Road Minerals Limited
Executive Summary
  • Royal Road Minerals announced initial diamond drilling results from its first exploratory program at the Margaritas target of its GAM project in Colombia.
  • Four scout holes totaling 1,154 meters identified a broad polymetallic hydrothermal system featuring high-grade silver-antimony carbonate-base-metal veins and broader low-grade gold-silver-copper mineralization.
  • Key intercepts include MAR-DD-002 returning 4 meters at 651 g/t Ag, 0.47% Sb, and 11.3 g/t AuEq, alongside MAR-DD-003 and MAR-DD-004 showing extensive hydrothermal alteration over 304m and 231m respectively.
  • The results support a distal porphyry model, with the company planning detailed geochemical and geophysical vectoring to locate the primary hydrothermal source and evaluate the economic potential of the high-grade veins.
  • Reported intervals are not true widths, and the company lacks sufficient information to determine true widths at this stage.
Material Impact
  • The news is a routine positive update that aligns with the company's previously announced exploration plans following the January 2026 grant of the Chuscalita Title and the broader GAM project drilling program.
  • The discovery of high-grade silver-antimony veins is a notable exploration success but remains at the scout stage. It does not yet constitute a resource estimate or economic evaluation.
  • The market impact is expected to be incremental, reinforcing the district-scale potential of the GAM project rather than triggering a fundamental re-rating.
  • The announcement follows a series of positive drill results at Güíntar (May 2026) and Lalla Aziza (April 2026), demonstrating consistent exploration momentum across the company's portfolio.
RYR · Price
Company Overview
  • Royal Road Minerals is a pre-revenue exploration company with projects in Colombia, Saudi Arabia, and Morocco.
  • Flagship project: The Güíntar-Aleman-Margaritas (GAM) gold-copper-silver project in Antioquia, Colombia.
  • The GAM project hosts a large, continuous porphyry-skarn system extending over 2 km² and to depths exceeding 500 meters.
  • Recent drilling has confirmed skarn-dominated mineralization with porphyry-style and carbonate-base-metal vein contributions.
  • The company is actively exploring for distal porphyry targets and high-grade silver-antimony veins, aiming to define a bulk-tonnage underground mining scenario.
  • Other assets include the Lalla Aziza copper project in Morocco and the Jabal Sahabiyah zinc-gold project in Saudi Arabia.
Read the original news release →

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GAM Porphyry Confirmation Validates Scale, But Capital Needs Remain Critical

Drill Results