PRECIOUS METALS

Royal Road sells stake in Luna Roja for US$22.5M

Royal Road Minerals has agreed to sell its 50% stake in the Luna Roja gold project in Nicaragua to partner Mineros for US$22.5 million and a 1.25% net smelter return royalty.

Royal Road Minerals sells stake in Luna Roja in Nicaragua

Royal Road Minerals sells stake in Luna Roja in Nicaragua

Luna Roja is skarn deposit within the Monte Carmelo I and Monte Carmelo II concessions which form part of a strategic exploration alliance the two companies signed in September 2017 over their joint land...

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