Dr. Tim Coughlin reports

ROYAL ROAD MINERALS ANNOUNCES SCOUT DRILLING RESULTS FROM THE LALLA AZIZA COPPER PROJECT, KINGDOM OF MOROCCO

Royal Road Minerals Ltd. has released results from its initial scout drilling program at the Lalla Aziza copper project in Morocco.

Lalla Aziza is an underground copper mine located in Morocco's Western High Atlas, approximately 90 kilometres southwest of Marrakesh. Lalla Aziza is owned and operated by Moroccan mining company, Carbomine SARL. In December, 2024, Royal Road entered into an option agreement with Carbomine, which provides the company with an option to acquire 100 per cent of the Lalla Aziza mining licence. Summary terms of the agreement are provided below.

The Lalla Aziza mine area is located close to the southwestern extent of Carbomine's licence area, along a regionally extensive, southeast-dipping shear zone, which continues for a distance of four kilometres diagonally across the licence area. Copper at Lalla Aziza is mined from chalcopyrite ore, hosted in dolomite vein stockworks and hydrothermal breccia. Dolomite and copper mineralization is emplaced proximal to and within fault-related fold hinges, which plunge shallowly along and in the hangingwall to the shear zone toward the northeast. Where mapped, mineralized structures can exceed 20 metres in thickness, but underground mining is limited to locally higher-grade intervals, where hand-picked ore averages in excess of 3 per cent copper.

Royal Road has completed geological mapping, underground and surface rock-chip, channel and soil geochemical sampling across the Lalla Aziza license area (see press release dated April 2, 2025). The company has now completed a 15-hole, 1,000-metre reverse circulation scout drilling campaign at the project. This is the first exploration drilling to be conducted at Lalla Aziza. Drilling is aimed principally at testing bulk copper grades across the extent of the shear/fold zone, including the higher-grade underground intervals, in order to:

1. Assess potential for a starter-style open-pit mine;
2. Test for the along-strike, downplunge continuity of copper mineralization.

Significant drilling results include the following (see Table 1):

• RC25LA002 -- from 32 to 51 metres: 19 metres at 1.1 per cent copper;
• RC25LA004 -- from 12 to 17 metres: 17 metres at 1.3 per cent copper;
• RC25LA005 -- from 18 to 35 metres: 17 metres at 1.1 per cent copper (end of hole);
• RC25LA007 -- from zero to 31 metres: 31 metres at 0.7 per cent copper;
• RC25LA009 -- from 18 to 37 metres: 19 metres at 1.0 per cent copper;
• RC25LA010 -- from 26 to 47 metres: 21 metres at 1.0 per cent copper;
• RC25LA012 -- from 51 to 63 metres: 12 metres at 0.7 per cent copper.

Note: Results are not true width and the company does not have sufficient information to determine the true widths of the drill hole intersections.

These initial scout drilling results at Lalla Aziza have confirmed that economically significant copper grades continue across the width of the shear/fold zone and that the mineralized structure is likely to plunge and continue below surface toward the northeast. Grades and thicknesses are considered significant enough to support potential for an open-pit starter at Lalla Aziza, assuming additional recoverable resources exist along and adjacent to the shear zone. Further work at Lalla Aziza will be focused on mapping and geophysics in order to define drill objectives at depth and to the northeast of the current drill grid. The gold potential of the footwall will also be better constrained.

Royal Road has notified Carbomine of its intention to exercise its option to acquire the Lalla Aziza mining licence subject to the terms of the agreement as summarized below.

"Initial results at Lalla Aziza are encouraging, with strong indications that copper mineralization extends at depth to the northeast. We look forward to commencing detailed mapping, geophysics and targeting to define the project's full potential and optimize future drilling," said Dr. Tim Coughlin, president and chief executive officer of Royal Road. "Morocco continues to stand out as a geologically prospective and politically supportive jurisdiction -- critically positioned to contribute to the world's growing demand for secure and sustainable supplies of copper and other strategic metals."

Summary terms of the agreement are as follows:

• Royal Road has paid to Carbomine the sum of $50,000 (U.S.) upon execution of an initial letter of intent (superseded by the agreement).
• Royal Road has paid to Carbomine the sum of $200,000 (U.S.) upon execution of the agreement.
• Royal Road has notified Carbomine of its intention to exercise the option to acquire 100 per cent legal and beneficial ownership of the Carbomine mining licence. Subject to completion of the exercise of the option, receipt of all relevant regulatory approvals in respect of the assignment or transfer of the mining licence to Royal Road, and the confirmation from the relevant regulatory authorities in the form acceptable to Royal Road that it is the legal owner of the mining licence free from all encumbrances, Royal Road shall pay the sum of $1.5-million to Carbomine.
• Upon the anniversary of the date on which Royal Road is registered as the legal and beneficial owner of the mining licence, Royal Road shall pay an annual fee of $300,000 (U.S.) to Carbomine until the drawdown of project finance for a bankable feasibility study.
• Upon the completion of the first bankable feasibility study on the mining licence and the drawdown of project finance for the purpose of such bankable feasibility study, Royal Road shall pay Carbomine the sum of $2.5-million (U.S.).
• Upon commencement of commercial production from the mining licence, Carbomine shall be granted a net smelter return royalty of 2.5 per cent in total (applicable to all mineral or metallic product extracted and recovered from the mining licence) in respect of production from the licence.

About Royal Road Minerals Ltd.

Royal Road Minerals is a mineral exploration and development company with its head office and technical operations centre located in Jersey, Channel Islands. The company is listed on the TSX Venture Exchange under the ticker RYR, on the OTCQB under the ticker RRDMF and on the Frankfurt Stock Exchange under the ticker RLU. The company's mission is to apply expert skills and innovative technologies to the process of discovering and developing copper and gold deposits of a scale large enough to benefit future generations and modern enough to ensure minimum impact on the environment and no net loss of biodiversity. The company currently explores in the kingdoms of Saudi Arabia and Morocco and in Colombia.

The information in this news release was compiled, reviewed and verified by Dr. Tim Coughlin, BSc (geology), MSc (exploration and mining), PhD (structural geology), FAusIMM, president and chief executive officer of Royal Road Minerals and a qualified person as defined by National Instrument 43-101.

Quality assurance and quality control

Sample preparation and analyses are conducted according to standard industry procedures at certified laboratories. Percussion-chip samples were sampled on one-metre downhole intervals and passed through a 75-per-cent-to-25-per-cent drill-rig-mounted splitter. The 75-per-cent sample was placed in rows and analyzed for guidance on site using a Vanta pXRF (portable X-ray fluorescence) tool. The 25-per-cent sample was split 50/50 to produce analytical and retention samples of between one and three kilograms. Samples for analysis were bagged in the field and sent to ALS Seville for analysis of gold by fire assay with an ICP-AES finish (method Au-ICP22) and multielements by four-acid digest ICP-MS (method ME-MS61). QA/QC materials included CRMs (certified reference materials), blanks and duplicates inserted into sample batches on a ratio of 1:10. Soil samples were collected 30 to 60 centimetres below the surface to avoid surficial contamination. Approximately 0.5 kilogram was collected for each sample. For each sample, soil thickness, horizon, surface type, sample collection depth and field sieve mesh were recorded. QA/QC materials included approximately 5 per cent CRMs, 1 per cent blanks and 1 per cent field duplicates. Infill soil samples were sent to ALS in Sevilla for drying, disaggregation and dry sieving to below 180 micrometres. Samples were analyzed using the supertrace low-level gold and multielement package (AuME-St43) with a 25-gram charge weight. Gold and multielement concentrations are determined from the same solution through a combination of ICP-MS and ICP-AES.

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