• Royal Road

Royal Road Minerals

Overview

Ariana was a founding and strategic investor into Royal Road Minerals, previously Tigris Resources, in 2010. Royal Road is a TSX-V gold and copper exploration and development company that was focused originally on a highly prospective yet under explored part of the Tethyan Metallogenic Belt in southeast Turkey.

The focus area of Royal Road had been the Bitlis Suture Zone and flanking structures, which are highly prospective for a range of mineral deposit styles including porphyry Cu-Au systems, epithermal to Carlin-style deposits, skarns and volcanogenic massive sulphides. In late 2015 Royal Road made the decision to exit Turkey and to focus instead on the La Golondrina gold project in Colombia.

Ariana retains a 2.5% interest in Royal Road.