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Mont Royal Resources Limited (ASX:MRZ)

ALERT: Price-sensitive ASX Announcement for MRZ
Current share price for MRZ : $0.070 -0.05 (-41.67%)+
Announcement
Release
9 Jul 2026 8:40AM
Price at Release
$0.120
Full Release
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Summary
Mont Royal Resources Limited, an Australian company, announced a plan to commence a till sampling survey at its Northern Lights Project in Québec, Canada, as part of its summer exploration program. This initiative aims to evaluate the gold potential of the Chateaufort Property, which is situated along the strike of Benz Mining Corp's Eastmain Gold Project. The program involves collecting approximately 60 till samples via helicopter-supported surveys to be analyzed for gold-grain dispersion in Quaternary deposits. The results, anticipated by late July 2026, will help refine future exploration strategies, with preliminary data expected by August 2026.
Key Points
  • Mont Royal Resources Ltd plans a till sampling program to evaluate gold potential at Northern Lights Project in Québec.
  • Approximately 60 till samples will be collected across the Chateaufort Property using helicopter-supported surveys.
  • The survey will assess gold potential through gold-grain dispersion analysis in Quaternary deposits.
  • Fieldwork is expected to be completed in late July 2026, with preliminary data available in August 2026.
  • The project aims to refine future exploration priorities by evaluating gold potential along strike from Benz Mining's Eastmain Gold Project.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.