3000m Combined Infill, Step-Out and Exploratory Drill Program Commences This Week
June 09, 2015 – Toronto, Ontario: Royal Road Minerals Limited (TSXV:RYR) (“Royal Road Minerals” or the “Company”), a gold and copper focused mineral exploration and development company, is pleased to provide an operating update from its Gömeç gold project in Balıkesir province of Western Turkey.
The Gömeç project comprises five contiguous exploration licenses and is an early-stage gold exploration project located in the hinterland of Balıkesir province, immediately adjacent to Koza Gold’s Kubaşlar gold project and 5km north of Bilfer’s Ayazmant copper-iron skarn deposit. Gold extends discontinuously over an approximately 10km long, northeast trending ridge comprised of Oligocene age volcanic and intrusive rocks. Gold mineralization is dominantly low-sulfidation epithermal in style and is both stratabound and structurally controlled.
In late 2014, the Company conducted an exploratory reverse circulation drilling program at the Gömeç project, notable results from that program include GRC-014, 76 meters at 1.0g/t (including 24 meters at 2.0g/t gold and 18.7g/t silver), GRC-013, 56 meters at 1.0g/t (including 22 meters at 2.0g/t gold and 15.6g/t silver) and GRC-015, 40 meters at 1.0g/t gold in contiguous drill holes located 100m away from each other.
Drilling permits have now been received and follow-up drilling is due to commence this week. The program is expected to total approximately 3000 meters and will be comprised of a combination of infill holes to close-up the 100m spaced drill holes from the 2014 program, step out holes along and across strike of the previous drilling and exploratory holes on newly identified and previously undrilled targets along and adjacent to the 10km long gold mineralized ridge.
In areas of known gold mineralization drill holes will be pushed deeper to test newly identified IP anomalies (see Figure 1) and to test underlying crystalline basement rocks where evidence from nearby occurrences suggests higher gold grades may occur.
“We have learned a lot from our recent field work at Gömeç and hope that this new knowledge will translate into some promising subsurface results” said Tim Coughlin, Royal Road Mineral’s President and CEO “Results from the IP coupled with what we are hoping to find in crystalline basement rocks underlying the mineralized volcanic sequence have added some particular excitement to this program. We expect the drill rig to commence work later this week”
Figure 1
