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Man Charged with Organizing Smuggling Event that Led to Deaths of 13 Mexican and Guatemalan Nationals Who Died in Southern California Crash, DOJ Reports
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Royal Road Minerals Limited: Royal Road Minerals Recommences Drilling and Reports Further Positive Results from Its Caribe Gold Discovery; Nicaragua
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Royal Road Minerals Enters into Definitive Agreement for the Sale of Its 50% Interest in the Luna Roja Gold Project in Nicaragua
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Royal Road Minerals Limited: Royal Road Minerals Reports Further Positive Follow-up Drilling Results from Its Caribe Gold Discovery; Nicaragua
to end of hole and bogged and abandoned above objective
)
(not true width and the company does not have sufficient information to make a determination of the true widths of the drill hole intersections)
In the majority of cases, individual drill holes at Caribe have been unable to reach their planned objective due primarily to the effect of highly absorbent clays (formed within the host rock as part of the gold mineralizing process) swelling and arresting the drill rods. The Company has now completed a total of 20 drill holes and has briefly suspended the program in order to exchange the current drilling rig for a more powerful machine with the capacity to drill through the problematic clay and test the continuity of gold mineralization at depth.
Royal Road Minerals Limited: Royal Road Minerals Enters into Binding Letter of Intent for the Sale of Its 50% Interest in the Luna Roja Gold Project in Nicaragua
Royal Road or the
Letter
Agreement ) with Mineros S.A. (
Mineros ), pursuant to which the Company has agreed to sell to Mineros its entire 50% interest in the Luna Roja Project, comprising the Monte Carmelo I and Monte Carmelo II mining concessions, in Nicaragua. The Luna Roja Project is currently jointly owned and operated by the Company and Hemco -Nicaragua,S.A. ( Hemco ), a wholly-owned subsidiary of Mineros, pursuant to the terms of a strategic alliance agreement (the