The chief executive of TSX-listed Royal Road Minerals (CVE:RYR), Tim Coughlin, discusses the junior mining firm’s move into Colombia.
Formerly known as Tigris Resources, the company has provisionally agreed to acquire La Golondrina, a gold resource in the Nariño Province of southern Colombia.
“It’s a very high grade, exciting gold project in an area where we have experience,” says the CEO.
Royal Road has also signed a binding, non-exclusive letter of intent to conduct due diligence on the El Alacran copper gold project in the Cordoba province of Colombia.