Royal Road releases Jabal Sahabiyah drill results

Executive Summary

• Royal Road Minerals Ltd. reported positive reverse circulation (RC) drill results from its Jabal Sahabiyah project in Saudi Arabia, confirming continuity of gold mineralization at Ash Shajjah and zinc-polymetallic skarn-style mineralization at Hanash North.
• The company is currently reviewing strategic options for the project, including the potential introduction of a partner with specific expertise in zinc-polymetallic systems while retaining exposure to gold exploration upside.
• A new target, Al Habah, was identified with elevated bismuth, silver, and tellurium, suggesting a deeper intrusion-related gold system beneath the surface vein array.

Key Details

• Project Overview: The Jabal Sahabiyah project comprises three contiguous exploration licences covering approximately 284 square kilometres in the Asir province of southwestern Saudi Arabia. Exploration is conducted via a 50:50 joint venture with Midu Company Ltd.
• Drilling Campaign: The second RC drilling campaign totaled 1,500 metres, targeting gold mineralization at Ash Shajjah and Al Habah, and extending known zinc/silver mineralization at Hanash North.
• Ash Shajjah (Gold Sheeted Vein System):
  • Five short RC holes completed.
  • Best intercept ASRC004: 13 metres at 2.2 grams per tonne gold (not true widths).
  • Best intercept ASRC005: 16 metres at 2.2 grams per tonne gold (not true widths).
  • Results confirm continuity of gold mineralization with along-strike and down-plunge potential.
• Hanash North (Zinc-Polymetallic Skarn System):
  • Best intercept HNRC005: 11 metres at 10.9 per cent zinc equivalent (comprising 3.6 per cent zinc, 0.5 gram per tonne gold, 55 parts per million silver, and 0.2 per cent copper; not true widths).
  • Previous intercept HNRC003 returned 12 metres at 3.9 per cent zinc equivalent.
  • Results demonstrate continuation of mineralization along and down plunge, suggesting potential for expansion under recent cover toward the northeast.
• Al Habah (New Target):
  • Newly identified sheeted vein system in the eastern portion of the licence package.
  • Rock-chip channel results returned up to six metres at 2.3 grams per tonne gold and 70.9 ppm silver.
  • Individual rock chip assays returned a maximum of 6.1 grams per tonne gold and 165 ppm silver.
  • RC drilling intersected elevated bismuth, silver, and tellurium over 10- to 15-metre intervals but did not replicate surface gold grades.
  • Interpretation suggests a potentially deeper intrusion-related gold system beneath the exposed vein array.
• Strategic Outlook: The company is evaluating pathways to optimize value creation, potentially bringing in a partner with zinc expertise while maintaining gold upside exposure.

Notable Quotes

• "These results further confirm the presence of two distinct mineral systems at Jabal Sahabiyah... The project now warrants focused follow-up. We are assessing the most effective pathway to advance Jabal Sahabiyah, potentially alongside a partner with specific zinc expertise, while ensuring we retain meaningful exposure to the broader gold upside." — Tim Coughlin, President and CEO