Mont Royal Resources Ltd
Mont Royal Resources Limited is an Australia-based critical minerals development and exploration company with projects in Quebec, Canada.
The business
Mont Royal Resources Limited is an Australia-based critical minerals development and exploration company with projects in Quebec, Canada. The Company is focused on advancing its 100%-owned Ashram Rare Earth and Fluorspar Deposit in Quebec, Canada, which is a monazite-dominant carbonatite hosted Rare Earth Elements deposits in North America. In addition, the Company owns 75% of Northern Lights Minerals approximately 536 square kilometers tenement package located in the Upper Eastmain Greenstone belt. The projects are located in the emerging James Bay area, a Tier-1 mining jurisdiction of Quebec, and are prospective for lithium, precious (Gold, Silver) and base metals mineralization (Copper, Nickel). The Northern Lights Projects are located approximately 300 kilometers (km) north-northeast of the town of Chibougamau and 56 km south of Renard Diamond mine. The projects include the Northern Lights Assets (75%-owned) and Eastmain Leran Project (Option to own 75%).
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Latest news
Mont Royal and Canada’s Commerce Resources propose merger to form dual-listed critical minerals developer
Mont Royal Resources (ASX: MRZ) and Toronto-listed Commerce Resources (TSXV: CCE) are confident they can attract increased investor interest in their rare earth element (REE) assets through a proposed merger. The two companies have agreed to a transaction that will see Mont Royal acquire 100% of the issued and outstanding common shares of Commerce. Mont […]
Mont Royal Resources unveils farm-in to Quebec copper-gold project
Mont Royal Resources (ASX: MRZ) has entered a binding joint venture option with a Toronto Venture Exchange listed company to earn a 70% in the Wapatik copper-gold project in the Canadian province of Quebec. The project consists of 220 claims totalling 115sq km in continuous tenure. The company describes it as under-explored with highly limited […]
Mont Royal Resources floats on ASX in search of gold following oversubscribed IPO
Aspiring gold explorer Mont Royal Resources (ASX: MRZ) will make its debut on the Australian Securities Exchange today following an oversubscribed $5 million initial public offering (IPO). The funds were raised through the issue of 25 million shares at $0.20 each and will be used to explore the gold potential of its two Western Australian […]
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