Toronto, Ontario--(Newsfile Corp. - July 29, 2024) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road" or the "Company") is pleased to announce results of infill soil geochemical sampling and to provide an update on the drill-permitting process at its Alouana copper-gold polymetallic project in the Kingdom of Morocco.

The right to acquire the Alouana project is held by Royal Road Arabia Limited ("RRA"). RRA is a Saudi Arabian joint-venture company owned on a 50-50% partnership basis by Royal Road and MIDU Company Limited ("MIDU"). MIDU is a Saudi Arabian investment holding company, headquartered in Jeddah, with interests across various sectors including mining, industrial, real estate development and utilities. In October 2023, RRA entered into an option agreement to acquire up to 100% of Izughar Resources S.A.R.L, the Moroccan company holding title to the Alouana licenses (see Press Release, October 17, 2023).

The Alouana Project Area comprises 6 exploration licenses located in Morocco's Eastern Region and totaling 84 square kilometers (see Figure 1). Small-scale mining commenced at Alouana at the beginning of the last century. Approximately 40 underground and open-pit copper-gold polymetallic workings have been identified from within the project area. Underground mines are developed on predominantly steep, northeast-dipping vein-breccia bodies up to 3 meters wide and open-pit mines are developed on shallow, southwest-dipping shear and cleavage parallel zones of unknown total thickness. see & read more on
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