Mont Royal Resources (ASX:MRZ) - Executive Director, Peter Ruse
Executive Director, Peter Ruse
Source: Mont Royal Resources [Twitter]
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • 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 Online
Barton adds $3M to its piggy bank for SA exploration

Historical grades above 56g/t excite Metalicity ahead of gold drilling

Metalicity Ltd (ASX: MCT) is preparing to kick off drilling at West Australian gold play Yundamindra…

Mt Gibson ore reserve leaps 26%, boosting feasibility expectations for Capricorn

Capricorn Metals has increased the ore reserve estimate at its Mt Gibson Gold Project by 26…

Battery Age aims to build geological knowledge at Ontario lithium play

Battery Age Minerals hopes to build on the exploration at Canadian lithium play, Falcon Lake -…
Pig Iron Production

Magnum pushes Saudi pig iron project further down the road to Nevada

Magnum Mining & Exploration has solidified plans to produce green pig iron in Saudi Arabia from…