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Royal Road Minerals

Nueva America

New mines for a new world

Royal Road Minerals

The Nueva America Project is located in Nicaragua’s North Caribbean Coast Autonomous region, Municipality of Siuna about 10 km west of the historic mining town of Rosita to Siuna highway

The Nueva America project forms a part of the Company’s 50-50 Strategic-Alliance agreement with Hemco Mineros Nicaragua (a subsidiary of Colombia’s Grupo Mineros S.A. MINEROS:CB). Royal Road is operator of the Stategic Alliance.

The interest in the Nueva America area began in 1939 when Neptune Gold Mining Company (Asarco and Rosario Resources joint venture) carried out preliminary studies. There is currently a small amount of artisanal mining activity at the two main pits and surrounding areas but the area remains largely unexplored.

At Nueva America the geology is represented by dacite- to rhyodacite-composition lava domes with multiple intrusion events and development of Porphyry-style alteration and veining overprinted by epithermal veins.

Two type of targets will be the object of the Royal Road’s drilling program to start in Q2-2022: high grade veins Au-Ag-Zn polymetallic mineralization probably related to the epithermal phase in zones of sheeted veins and veinlets and/or breccias, and disseminated Cu-Au-Mo in a large porphyry system with potential for bulk mining.