TSX-V:
RG
$
OTCQB:
RMIOF
$
FRA:
D4R
$
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Gold
Copper
Silver
Overview
Property Type
- Mesothermal, gold-bearing quartz +/- pyrite veins occur at several sites throughout the eastern half of the claims. Past small-scale drill programs do not appear to have tested some of these zones, including a series of gold bearing pyrite-quartz veins and their mineralized host rocks discovered in 2021.
- A prominent quartz-sericite-pyrite gossanous unit (the “Deluxe Zone”) may be due to hydrothermal alteration along a fault zone or an earlier felsic volcanic unit. Several gold-bearing veins are found within this unit.
Size
- 616 Hectares
Status
- 100% owned with a 1% NSR on any future production owned by the Galore Creek Staking Syndicate.
Exploration Stage
- Current target is a series of auriferous pyritic quartz veins and felsic volcanics that apparently have not been drilled or sampled systematically in the past. Exploration on this target is now at the early stage of systematic outcrop sampling, hand-trenching, and soil sampling to trace the extent of the zone.
- Past localised drill programs, soil sampling, mapping and an airborne Mag-EM survey were largely outside this new zone.
Location
The ROYCE claim is located 9 km southwest of the giant Galore Creek Cu-Au alkalic porphyry deposits and 1.5 km south of the Ann porphyry Cu occurrence (the Royce claim area was originally staked by various companies in response to results of exploration work on the Ann and nearby Paydirt prospects).