Royal Road Minerals CEO on High-Grade Silver-Antimony Discovery at Margaritas Target

Why It Matters

The discovery offers a near‑term revenue stream and de‑risks the larger porphyry play, giving Royal Road Minerals a strategic foothold in the fast‑growing antimony market.

Key Takeaways

• High‑grade silver‑antimony veins discovered in Margaritas target area
• Veins average three meters wide, up to five meters thick
• Antimony grades reach ~0.5%, viable when combined with silver and gold
• Project shows both standalone mine potential and porphyry system link
• Vectoring studies use geochemistry, geophysics to pinpoint hydrothermal source

Summary

Royal Road Minerals’ chief executive Tim Coughlin announced a high‑grade silver‑antimony discovery at the company’s Margaritas target, part of the broader GAM (Guintar‑Antimony‑Margaritas) system in northern Mexico.

Drilling intersected veins up to five metres thick, averaging three metres, with silver grades that, together with roughly 0.5 % antimony and trace gold, give the intercepts economic standalone potential. The veins sit within a low‑grade mineralization envelope that the company links to an underlying porphyry system also being explored at the nearby Güintar deposit.

Coughlin described the find as a “pleasant surprise,” noting that the antimony‑rich veins differ from the gold‑rich epithermal veins expected from the porphyry’s peripheral halo. He highlighted ongoing vectoring work—integrating geochemical trends, airborne MT and other geophysical data—to locate the primary hydrothermal source and test whether the Margaritas and Güintar porphyries belong to a single deep‑seated batholith.

If the veins prove economically viable, they could deliver near‑term cash flow while the larger porphyry target is delineated, strengthening Royal Road’s project economics and positioning the company to benefit from rising global demand for antimony, a critical mineral for flame‑retardants and emerging battery technologies.

Original Description

Royal Road Minerals Ltd (TSX-V:RYR, OTC:RRDMF, FRA:RLU) CEO Dr Tim Coughlin tells Proactive's Stephen Gunnion that drilling at Margaritas has delivered a genuine surprise: high-grade silver-antimony veins where the company expected gold-rich epithermal mineralisation, alongside a broader low-grade envelope pointing toward a larger porphyry system.

Coughlin is direct about the significance: "We very clearly have a standalone mine potential project there for silver and antimony." With high-grade veins at Margaritas and a growing porphyry cluster at Güíntar four kilometres to the north, geological evidence is beginning to suggest the two systems may be connected.

Vectoring studies integrating geochemical data, geophysics and planned airborne surveys are now underway to locate the primary source of the hydrothermal system and refine targets for the next phase of drilling.

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