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Royal Road Minerals leveraging a vast portfolio in Colombia and Nicaragua

Royal Road Minerals Ltd (CVE:RYR) is a gold-focused exploration company, with assets in Nicaragua and Colombia. The company has an extensive ground holding, with the largest exploration licence and licence application holding in both Nicaragua and Colombia.

In Nicaragua, the company has a 50-50 strategic partnership with HEMCO de Nicaragua, a subsidiary of Grupo Mineros, Colombia’s largest gold producer.

 

The Nicaraguan projects are located in two areas, the Golden Triangle, a well-known historic mining area, in the northeast of the country, and Los Andes in the central region (Figure 1).

In Colombia, Royal Road has projects in two main areas, the Northern Block and the Southern Block (Figure 1). Royal Road plans to advance its vast portfolio of projects by bringing in additional strategic partners, where appropriate, to financially de-risk its exposure to the assets and add value to its extensive ground holding.

While the prospect generator model is now well-established in the junior exploration space, Royal Road is creating its own version of the model that ensures funding comes into the top company as well as the assets.

The company also established a unique formalisation-royalty arrangement that will generate cash-flow from various formerly illegal gold mining operations on the company's assets in 2021.

This reduces the company's reliance on the equity markets for funding, therefore reducing the risk of dilution to investors while maintaining the potential upside benefits from a diverse portfolio of exploration assets that are being funded by other parties.

Quick facts: Royal Road Minerals

Price: 0.18 CAD

TSX-V:RYR
Market: TSX-V
Market Cap: $41.12 m
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Royal Road Minerals: A diverse portfolio of exploration assets co-funded by...

Proactive Research analyst Ryan Long gives his view on Royal Road Minerals Ltd (CVE:RYR) and its extensive ground holding in both Nicaragua and Colombia. He says that while the prospect generator model is now well-established in the junior exploration space, Royal Road's creating its own...

on 26/2/20

27 min read