Mont Royal Resources (ASX:MRZ) - Executive Director, Peter Ruse
Executive Director, Peter Ruse
Source: Mont Royal Resources [Twitter]
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Mont Royal Resources (MRZ) has begun a till survey at the Wapatik Gold-Copper Project in Quebec, Canada
  • The till will be sampled at regular spacing with lines roughly spaced four to five kilometres apart
  • The survey is expected to take one to two weeks to complete with samples to be sent to nearby laboratories for analysis and interpretation
  • Executive Director Peter Ruse says this survey forms a key part of the design of the company’s maiden drill program
  • Mont Royal is steady on the market with shares trading at 30 cents each at 3:40 pm AEST

Mont Royal Resources (MRZ) has begun a till survey at the Wapatik Gold-Copper Project in Quebec, Canada.

The project lies within the James Bay Area which is considered a tier-one mining jurisdiction and is made up of 220 claims that cover an area of 115 square kilometres.

This till survey will be undertaken with regular spacing along lines perpendicular to the glacial direction four to five kilometres apart.

The survey is expected to take one to two weeks to complete with samples to be sent to nearby laboratories for analysis and interpretation.

“Mont Royal is pleased to inform shareholders that we are back in the field at Wapatik via our till sampling and focused prospecting programs which are now underway,” Executive Director Peter Ruse said.

“Following the successful heliborne survey and interpretation activities completed earlier this year, we remain excited to deploy Azimut’s highly experienced fieldwork team to carry out this program, which will be a key step in our maiden drill program design.”

Mont Royal was steady on the market with shares trading at 30 cents each at 3:40 pm AEST.

MRZ by the numbers
More From The Market Herald

" EQ Resources (ASX:EQR) wraps up drilling at Mt Carbine

EQ Resources (ASX:EQR) has completed the phase one drilling program at the Mt Carbine Tungsten Mine…

" Sunshine Gold (ASX:SHN) grows rare earths scale at Elphinstone Creek

Sunshine Gold (ASX:SHN) grows the scale of neodymium and praseodymium rare earths.

" Image Resources (ASX:IMA) updates resource estimates at McCalls

Image Resources (ASX:IMA) has provided an update to the mineral resource estimate (MRE) of its recently…

" Kogi Iron (ASX:KFE) closes underwhelming share purchase plan

Kogi Iron (ASX:KFE) has closed its share purchase plan, raising $234,000 to fund upcoming work at…