Key information

🔎 Fund Overview

Mont Royal Resources Ltd. engages in the acquisition, exploration, and development of mineral resource projects. The company is headquartered in Sydney, New South Wales. The company went IPO on 2019-05-07. The projects are located in the emerging James Bay Area, a tier-1 mining jurisdiction of Quebec, Canada, and are prospective for lithium, precious (gold, silver) and base metals mineralization (copper, nickel). The Northern Lights Projects are located over 300 kilometers (km) NNE of the town of Chibougamau and 56 km south of Renard Diamond mine. The projects include the Northern Lights Assets (75%-owned), Leran Project (option to own 75%), Dios Assets (JV to earn-in 70%) across a total land package of 536 square kilometers (km2). The firm has a joint venture (JV) option agreement with Azimut Exploration Inc., to earn-in up to 70% of the Wapatik Gold-Copper Nickel Project, which covers approximately 220 claims totaling 115 km2 in continuous tenure, located in the James Bay Area, Quebec, Canada.