Luna Roja is located within Nicaragua’s “Golden Triangle”, a well-known historic mining region located in north-eastern Nicaragua. The area is host to three historic mines, Santa Rita – Rosita (Skarn Cu-Au), La Luz – Siuna (Skarn Au-Cu) and Bonanza (Low Sulfidation Epithermal). Since 1900 the district has produced in excess of 8 million ounces of gold and 12 million ounces of silver from mainly epithermal vein systems, and skarns.
Rocks within the La Luna project area are predominantly Cretaceous age limestones and shallow marine sedimentary rocks that have been intruded by Upper Cretaceous to Tertiary age dioritic intrusions and hydrothermal breccia-bodies. Cretaceous age sedimentary rocks have been folded at-least twice.
Gold occurs with skarn-type mineralization represented primarily by pyroxene-diopside-wollastonite and sulphides. Gold is most commonly related to elevated tungsten in skarn-type rocks.
Royal Road have conducted saw-cut channel sampling and auger soil sampling at Luna Roja. The project is now drill ready and fully permitted with drilling expected to commence in Q2 2019.
We are the largest title and title application holder in Colombia with quality gold and copper exploration projects located in two main regions; The Northern Block, encompassing the prolific Middle Cauca belt, and the Southern Block, incorporating the most prospective and under-explored regions of the Andes.
Operating under the structure of a 50-50 strategic alliance with HEMCO Mineros Nicaragua, we are the exploration largest license holder in the Country. Currently, the exploration work in Nicaragua is focused on drill-testing three drill-permitted gold and copper-gold projects.
Royal Road Minerals controls 100% of six mineral exploration concessions covering the Los Andes District. The total concession package is approximately 18,500 hectares. The project forms part of the...
The Rio Nulpe project area is located at Colombia’s southern border with Ecuador in Nariño province some 110 kilometers to the southwest of the provincial capital Pasto, and 30 kilometres to the...
Luna Roja is located within Nicaragua’s “Golden Triangle”, a well-known historic mining region located in north-eastern Nicaragua. The area is host to three historic mines, Santa Rita – Rosita (Skarn...
Rocks within the La Llanada region are predominantly Cretaceous age, shelf sediments, deep marine cherts and mafic marine volcanic rocks which have been intruded by Oligocene-Miocene age dioritic...