Royal Road Minerals hits high-grade silver-antimony at Margaritas target in Colombia

Royal Road Minerals reported strong first-phase drilling results at its Margaritas target in Colombia, highlighting high-grade silver and antimony intersections that could point toward a larger porphyry source at depth or to the south. The best interval returned 4 meters grading 651 g/t silver and 0.47% antimony, with additional intercepts of 5 meters at 377 g/t silver and 0.28% antimony and 3 meters at 204 g/t silver. Management said the veins were not visible at surface, suggesting upside for further exploration. The company plans geochemical and geophysical vectoring to refine follow-up drill targets. While the news is operationally positive for Royal Road Minerals, it is an exploration update rather than a production or earnings catalyst, so the broader market impact is limited and depends on whether follow-up work confirms a larger mineralized system.