Royal Road Minerals Ltd announced the discovery of a broad gold-bearing vein system at surface in its El Alemán prospect in Colombia, with new sampling showing 51 meters grading 1.12 g/t gold, including 20 meters at 2.21 g/t. This surface system aligns with a previous drill hole that intersected 80.5 meters at 1 g/t gold at depth, indicating a potentially mineable gold deposit. The company plans to drill test the continuity, grade, and thickness of the mineralization to better define the resource. This discovery complements the larger-scale porphyry and skarn mineralization at the nearby Güíntar project, enhancing the overall potential of the Güíntar-Alemán-Margaritas (GAM) project in Antioquia, Colombia.
Royal Road Minerals' recent gold discovery at El Alemán provides context for readers following Basic Materials. For readers following Basic Materials, here is Pluang's market snapshot as of Oct 20, 2026 20:21 WIB: Among 83 priced US stocks in the sector, 19 rose and 60 fell today. Notable prices include ALM at USD 8.53 with a 1-day change of -3.40% and a typical hold time of 5 days, HBM at USD 23.21 down 2.97% with an 11-day hold, and BHP at USD 80.83 down 2.87%, with a typical hold time of 143 days and Pluang order activity showing 35% Sell and 65% Buy.
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