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Royal Road Minerals' announce 'massively exciting' drilling results from gold discovery in Nicaragua

Published: 08:24 10 Nov 2020 EST

Royal Road Minerals Limited's (CVE:RYR) CEO Tim Coughlin talks to Proactive London's Katie Pilbeam about the initial drilling results from its follow-up diamond drilling program at the Caribe gold discovery in Nicaragua.

Coughlin says 'this is massively exciting for an exploration company likes ours', he says it's early days but given the 'positive results' they now plan to drill even more than was originally planned.

He goes on to explain why this is an exciting discovery, because 'there is no record of any previous mining or minerals activity'.

Follow-up auger soil sampling was then conducted and successfully identified a strongly anomalous area of gold geochemistry, where soil and laterite cover was less than 3 meters deep.

Initial grab sampling of strongly weathered float material returned anomalous gold with associated anomalous values in molybdenum and copper.

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