Northwire Canada EditionTuesday, November 10, 2026
Sign inSubscribe
Northwire
⌕
Gold 4,042.20 −1.8% Silver 51.46 −2.3% Copper 6.24 −1.6% Oil 86.72 −0.1% Palladium 1,016.75 −0.5% FUSE 0.020 −20.0% COPR 0.390 +4.0% WSK 0.170 +0.0% GAL 0.375 −1.3% VCG 1.05 +2.9% LVX 0.270 −20.6% RAMP 0.245 −9.3% QTWO 1.71 +6.2% SUM 1.28 −3.0% SGML 7.57 −9.3% BOGO 0.750 −5.1% SGC 0.095 +0.0% MANU 0.172 +15.0% GMA 0.200 +0.0% ONAU 0.460 −3.2% TGOL 0.130 +0.0% Gold 4,042.20 −1.8% Silver 51.46 −2.3% Copper 6.24 −1.6% Oil 86.72 −0.1% Palladium 1,016.75 −0.5% FUSE 0.020 −20.0% COPR 0.390 +4.0% WSK 0.170 +0.0% GAL 0.375 −1.3% VCG 1.05 +2.9% LVX 0.270 −20.6% RAMP 0.245 −9.3% QTWO 1.71 +6.2% SUM 1.28 −3.0% SGML 7.57 −9.3% BOGO 0.750 −5.1% SGC 0.095 +0.0% MANU 0.172 +15.0% GMA 0.200 +0.0% ONAU 0.460 −3.2% TGOL 0.130 +0.0%
M&A / Property

Royal Road signs MOU with Department of Narino

By The Northwire Desk — AI Analysis Mar 02, 2026 · 18:06 RYR · 0.22 Royal Road Minerals Limited
RYR · Price

Executive Summary

  • Royal Road Minerals Ltd. has signed a non-binding Memorandum of Understanding (MOU) with the Department of Narino, Colombia, to establish a framework for cooperation on responsible mineral exploration and the formalization of artisanal and small-scale mining.
  • The agreement aims to align the company's exploration activities with regional development plans, strengthen environmental stewardship, and foster engagement with local communities and authorities.
  • The MOU has an initial term of two years and does not create binding legal obligations beyond customary confidentiality and good faith provisions; specific programs will be addressed through separate agreements.

Key Details

  • Parties: Royal Road Minerals Ltd. and the Department of Narino (Gobernacion de Narino), Republic of Colombia.
  • Agreement Type: Non-binding Memorandum of Understanding (MOU).
  • Term: Initial term of two years.
  • Scope of Cooperation:
    • Advancing responsible mineral exploration consistent with Colombian mining and environmental law.
    • Supporting the formalization of artisanal and small-scale mining operations.
    • Strengthening environmental stewardship and monitoring initiatives.
    • Fostering constructive engagement with local communities and authorities.
    • Aligning exploration activities with departmental development plans.
  • Company Assets: Royal Road holds a portfolio of mineral titles and title applications exceeding 750 square kilometers in Narino, covering intrusion-related gold and porphyry copper districts.
  • Legal Status: The MOU does not create binding legal obligations beyond customary confidentiality and good faith provisions. Any specific programs or investments will be consummated through separate agreements.

Notable Quotes

  • "We believe Narino hosts the most compelling and underexplored copper-gold mineral belts anywhere in the Andes... With today's geological understanding and exploration tools, we see a rare opportunity to test a largely untouched Andean mineral belt for both porphyry copper and intrusion-related gold systems." — Dr. Tim Coughlin, President and CEO
Read the original news release →

More from Royal Road Minerals Limited

Oct 20, 2026 · 08:32

Royal Road surface sampling at El Aleman targets continuity drilling at the GAM project.

Drill Results Oct 07, 2026 · 08:00

Royal Road expands its Margaritas footprint through mapping, with no new assay results released for the market.

Drill Results Sep 14, 2026 · 08:31

Royal Road begins drilling at the Güíntar project, though no new assay results or resource estimates have been released to date.

Drill Results Sep 09, 2026 · 17:01

Royal Road raises $1 million at $0.20 per share to fund drilling at its Colombian projects, matching prior financing terms.

Financings Aug 31, 2026 · 07:00

Royal Road raises C$1M to fund drilling in Colombia while expanding its Saudi Arabian discoveries.

Financings Aug 18, 2026 · 08:01

Royal Road’s shallow Saudi zinc-silver skarn extends to 350m strike but lacks a defined resource and true width.

Drill Results