Royal Road Minerals Secures Drilling Permits for Alouana Copper-Gold Project in Morocco

Proactive - Interviews for investors

Royal Road Minerals Limited CEO Tim Coughlin joined Steve Darling from Proactive to share news the company has announced that the company has received all necessary drilling permits for its Alouana copper-gold polymetallic project, located in the Eastern Region of the Kingdom of Morocco. The project is owned through Royal Road Arabia Limited (RRA), a joint venture between Royal Road and MIDU Company Limited, a Saudi Arabian investment firm based in Jeddah with interests across multiple sectors, including mining and real estate development. In October 2023, RRA secured an option to acquire 100% of Izughar Resources S.A.R.L, the Moroccan company holding the Alouana project licenses. The Alouana project spans four exploration licenses covering a total of 84 square kilometers and is rich in historical mining activity. Small-scale mining operations began in the early 1900s, with around 45 copper-gold polymetallic workings identified across the area. These include open-pit and underground mines, with deposits found in both shallow southwest-dipping shear zones and steep northeast-dipping vein-breccia formations up to 3 meters wide. Notably, no previous drilling has been conducted on the site. Royal Road plans to undertake an initial 2,000 meters of scout exploration drilling, which will begin after access roads and drill pads are completed later this year. This exploration phase is a critical step forward for Royal Road as it seeks to unlock the potential of the Alouana project and tap into Morocco’s rich mineral resources. #proactiveinvestors #royalroadsmineralslimited #tsxv #ryr MiningExploration #MoroccoDrilling #CopperGoldMining #ScoutDrilling #GeologicalExploration #MineralDiscovery #PortableXRF #ReverseCirculationDrilling #MiningNews #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews