Northwire Canada EditionFriday, July 10, 2026
Northwire
TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%

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Original News Release

Royal Road signs MOU with Department of Narino

Dr. Tim Coughlin reports ROYAL ROAD MINERALS SIGNS MEMORANDUM OF UNDERSTANDING WITH THE GOVERNMENT OF THE DEPARTMENT OF NARINO, COLOMBIA Royal Road Minerals Ltd. has entered into a memorandum of understanding (MOU) with the Department of Narino (Gobernacion de Narino), Republic of Colombia. The MOU establishes a non-binding institutional framework for co-operation aimed at advancing responsible mineral exploration, supporting the formalization of artisanal and small-scale mining, strengthening environmental stewardship, and fostering constructive engagement with local communities and authorities in Narino. Royal Road holds a portfolio of mineral titles and title applications exceeding 750 square kilometres (km) and covering exciting intrusion-related gold and porphyry copper districts in Narino, including properties previously announced by the company that demonstrate strong geological potential (see news releases dated Oct. 18, 2016, March 16, 2017, Sept. 26, 2017, and Oct. 2, 2019). Over several years, the company has advanced innovative formalization initiatives in the region, working alongside communities and local organizations to encourage the transition from informal mining activities toward legal, technically supported and environmentally responsible operations. The company recognizes the regional development initiatives being advanced by the Governor's Office of Narino, which aim to strengthen lawful economic activity, institutional collaboration and sustainable growth across the department. Royal Road believes that responsible mineral exploration, structured formalization processes and long-term institutional partnerships can contribute meaningfully to these broader regional objectives. The MOU provides a platform to promote responsible exploration consistent with Colombian mining and environmental law, support pathways for the formalization of artisanal and small-scale miners, encourage environmental monitoring initiatives, align exploration activities with departmental development plans, and strengthen social licence through structured territorial dialogue. The agreement has an initial term of two years and does not create binding legal obligations beyond customary confidentiality and good faith provisions. Any specific programs or investments arising from the framework will be consummated through separate agreements as and when appropriate. "We believe Narino hosts the most compelling and underexplored copper-gold mineral belts anywhere in the Andes," said Dr. Tim Coughlin, Royal Road's president and chief executive officer. "High-grade gold has been mined there since pre-Hispanic times and an extensive porphyry copper belt was recognized in the 1980s, yet large parts of the district have never been systematically explored using modern methods. Having worked in Narino for more than a decade, we understand both the geological potential of the region and where to focus exploration to make discoveries. 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. Copper will be essential to the global energy transition and Colombia has the geological endowment to become a significant responsible supplier. This memorandum of understanding creates an important framework for collaboration as we work to responsibly unlock that potential in Narino." About Royal Road Minerals Ltd. Royal Road Minerals is a mineral exploration and development company with its head office and technical operations centre located in Jersey, Channel Islands. The company is listed on the TSX Venture Exchange under the ticker RYR, on the OTCQB under the ticker RRDMF and on the Frankfurt Stock Exchange under the ticker RLU. The company's mission is to apply expert skills and innovative technologies to the process of discovering and developing copper and gold deposits of a scale large enough to benefit future generations and modern enough to ensure minimum impact on the environment and no net loss of biodiversity. The company currently explores in the kingdoms of Saudi Arabia, Morocco and in Colombia. We seek Safe Harbor.
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