Royal Road Minerals Ltd. Stock Analysis RYR.V

Royal Road Minerals Ltd. engages in the exploration and development of mineral deposits. In Colombia, the Company operates through its wholly owned Colombian companies, Minerales Camino Real SAS and Exploraciones Northern Colombia SAS. In Saudi Arabia, it operates through its 50% owned Royal Road Arabia LLC. In Morocco, it operates through its 100% owned subsidiary Mineraux Chemin Reel SARL AU. Its projects include Jabal Sahabiyah Saudi Arabia, Lalla Aziza Morocco, and Guintar and Margaritas in Columbia. The Jabal Sahabiyah tender area consists of approximately three contiguous exploration licenses. The licenses cover over 284 square kilometers (kms) and are located in the Asir Province of the Kingdom of Saudi Arabia. Its Lalla Aziza is an underground copper mine located in Morocco’s Western High Atlas, approximately 90 kms southwest of Marrakesh. Its Guintar is an exploration project and Margaritas is a neighboring porphyry copper- gold system.