Royal Road Minerals Commences Drilling at Güíntar in Colombia

News related to:Royal Road Minerals Limited · 3 min read

Royal Road Minerals Limited has commenced drilling operations at Güíntar, the most advanced target within its Güíntar-Alemán-Margaritas (GAM) gold-copper-silver project in Antioquia, Colombia. The company’s objective is to advance the known mineral system at Güíntar towards a maiden mineral resource while continuing to explore the broader discovery potential of the GAM project.

Drilling is set to follow the interpreted mineralized system down-plunge and beneath the limits of previous drilling. The company plans to test down-dip extensions of mineralization encountered in previously drilled holes GUI-DD-013 and GUI-DD-028. Hole GUI-DD-013 intersected 131 meters at 1.0 grams per tonne (g/t) gold equivalent (AuEq), equivalent to 1.3% copper equivalent (CuEq), including 57 meters at 1.4 g/t gold, 10.2 g/t silver, and 0.6% copper. Hole GUI-DD-028 intersected 176 meters at 1.2 g/t AuEq, equivalent to 1.4% CuEq, including 76 meters at 2.1 g/t gold, 7.9 g/t silver, and 0.4% copper.

Additional drilling from Platform 19 will test the width and continuity of mineralization across adjacent fault-bound structural blocks. Recent geological and structural work indicates that the Güíntar porphyry system has been locally offset by younger normal and transtensional faulting. These structures are themselves mineralized by the younger pyrrhotite-hosted gold-bearing event and are interpreted to reflect late-stage regional uplift and extension associated with renewed magmatic activity and gold mineralization at depth.

At Alemán, approximately 500 meters northwest of Güíntar, previous drilling intersected 64.5 meters at 1.1 g/t gold and 1.4 g/t silver, including 24 meters at 2.4 g/t gold and 2.7 g/t silver. A second, deeper hole returned 25 meters at 0.7 g/t gold. Recent structural mapping has identified additional mineralized structures for future testing.

Work is also continuing at Venadera and Margaritas, where mapping, sampling, and geophysics are refining additional porphyry, skarn, carbonate-base-metal, and structurally controlled gold targets. At Algodona, continuous rock-chip sampling from exposures in two artisanal workings returned 36 meters at 2.14 g/t gold and 6.95 g/t silver, together with a second interval of 11 meters at 1.49 g/t gold. Historical drilling around the margins of the interpreted Algodona target returned 42 meters at 0.7 g/t gold, including 18 meters at 1.1 g/t gold, and 16 meters at 0.8 g/t gold, including 10 meters at 1.0 g/t gold. A separate six-meter interval returned 1.2 g/t gold silver.

At Niverengo, reprocessing of historical induced-polarization data has identified an untested chargeability anomaly of greater than 40 millivolts per volt (mV/V), coincident at depth with a pronounced magnetic susceptibility high. Previous drilling was completed principally outside the core of the coincident target. Holes drilled progressively toward it encountered increasing densities of disseminated pyrrhotite and more strongly developed calc-silicate and skarn alteration. The company plans to test Niverengo as part of the GAM exploration program.

The company's broader Colombian portfolio includes approximately 1,840 square kilometers of mineral titles and applications across two major exploration blocks. In the Northern Block, regional reconnaissance has commenced across the company's Middle Cauca Belt portfolio. Initial field programs have been completed at Cangrejo and Ebéjico, with follow-up work advancing at other priority areas including La Merced. At La Merced, historical exploration identified porphyritic intrusive rocks with sericitic alteration, quartz-vein stockworks, and hydrothermal brecciation. Channel sampling along approximately 140 meters of road-cut returned an average grade of 1 g/t gold.

In the Southern Block, the company is advancing engagement with government, communities, and other stakeholders in Cauca and Nariño with the objective of progressively reopening these highly prospective areas to systematic exploration. Recent engagement is focused on establishing the access arrangements, consultation processes, and local relationships required to support responsible field exploration across the company's extensive title and application portfolio.

Tim Coughlin, Royal Road Minerals Limited's President and CEO.

Start filing today

One press release free every week. No card required.

Create a free account