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Royal Road Minerals Ltd
Symbol RYR
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Close 2026-02-26 C$ 0.22
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Royal Road releases Jabal Sahabiyah drill results

2026-02-26 20:12 ET - News Release

Dr. Tim Coughlin reports

ROYAL ROAD MINERALS REPORTS POSITIVE EXPLORATORY DRILL RESULTS FROM ITS JABAL SAHABIYAH PROJECT: KINGDOM OF SAUDI ARABIA

Royal Road Minerals Ltd. has released reverse circulation drill results from three prospect areas within its Jabal Sahabiyah exploration project in the Kingdom of Saudi Arabia.

Royal Road's exploration activities in Saudi Arabia are conducted through its local subsidiary, Royal Road Arabia Ltd., a 50:50 joint venture with Midu Company Ltd., a Jeddah-based investment group with interests across the mining, industrial, real estate and utility sectors.

The Jabal Sahabiyah project is located in the Asir province of southwestern Saudi Arabia and comprises three contiguous exploration licences covering approximately 284 square kilometres. The area was first evaluated in the late 1970s by Riofinex, a subsidiary of Rio Tinto Zinc. Since acquiring the licences, RRA has completed geological mapping, drone-borne and ground geophysics, soil and auger geochemical surveys, trenching, rock-chip sampling, and two phases of scout-style reverse circulation drilling (see press releases dated May 29, 2024, Nov. 5, 2024, and Oct. 6, 2025).

Mineralization at Jabal Sahabiyah is intrusion related, including zinc-gold-silver-copper skarn-style mineralization and gold- and silver-bearing sheeted quartz vein systems.

RRA has recently concluded a second reverse circulation drilling campaign, totalling 1,500 metres and focused principally on testing gold mineralization potential at the Ash Shajjah and Al Habah sheeted-vein targets and on extending known zinc and silver (plus or minus copper, plus or minus gold) mineralization at Hanash North.

Ash Shajjah -- gold sheeted vein system

At Ash Shajjah, sheeted gold-mineralized quartz veins extend over approximately three kilometres of strike and reach aggregate widths of up to 15 metres. Five short RC holes were completed, guided by trenching and rock-chip channel sampling results. Drill holes were oriented against the interpreted plunge of a prominent mineral stretching lineation developed along individual vein margins. Best results to date are ASRC004, 13 metres at 2.2 grams per tonne gold, and ASRC005, 16 metres at 2.2 grams per tonne gold (not true widths; the company does not yet have sufficient information to determine true widths). These results confirm continuity of gold mineralization and indicate clear along-strike and down-plunge exploration potential.

Hanash North -- zinc-polymetallic skarn system

Drilling at Hanash North targeted the northeastern (down plunge) extension of zinc-polymetallic mineralized intercepts reported in the company's previous drilling campaign (see press release dated Oct. 6, 2025). The best intercept from this program is HNRC005, 11 metres at 10.9 per cent zinc equivalent (3.6 per cent zinc, 0.5 gram per tonne gold, 55 parts per million silver and 0.2 per cent copper: not true widths; the company does not yet have sufficient information to determine true widths). This intercept is located down plunge of HNRC003, which returned 12 metres at 3.9 per cent zinc equivalent. Results demonstrate continuation of zinc-polymetallic mineralization along and down plunge, and suggest potential for further expansion of the system under recent cover toward the northeast.

Al Habah

Al Habah is a newly identified sheeted vein system located in the eastern portion of the Jabal Sahabiyah licence package. Rock-chip channel results there returned up to six metres at 2.3 grams per tonne gold and 70.9 ppm silver, and individual rock chip assays returned a maximum of 6.1 grams per tonne gold and 165 ppm silver (gold minimum 0.01 and mean 0.2 gram per tonne; silver minimum 0.01 and mean 6.2 ppm). RC drilling intersected elevated bismuth, silver and tellurium over 10- to 15-metre intervals but did not replicate the surface gold grades. The company interprets this geochemical signature as potentially indicative of a deeper intrusion-related gold system beneath the exposed vein array, warranting further evaluation.

Strategic outlook

This phase of exploratory drilling has confirmed the potential of both gold-dominant sheeted vein systems and zinc-polymetallic skarn-style mineralization within the Jabal Sahabiyah project area.

The company is currently reviewing strategic options for advancing the project. Given the distinct geological styles identified, Royal Road is evaluating pathways that could optimize value creation, including the potential introduction of a partner with specific expertise in zinc-polymetallic systems, while maintaining meaningful exposure to the gold exploration upside across the broader project area.

"These results further confirm the presence of two distinct mineral systems at Jabal Sahabiyah," said Tim Coughlin, Royal Road's president and chief executive officer. "Through disciplined, low-cost exploration, we have efficiently tested multiple targets and demonstrated meaningful gold continuity at Ash Shajjah and down-plunge zinc-polymetallic grades at Hanash North. The project now warrants focused follow-up. We are assessing the most effective pathway to advance Jabal Sahabiyah, potentially alongside a partner with specific zinc expertise, while ensuring we retain meaningful exposure to the broader gold upside. Our approach remains grounded in technical rigour and disciplined capital allocation."

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 scientific and technical information contained in this news release has been prepared, reviewed and approved by Dr. Tim Coughlin, BSc (geology), MSc (exploration and mining geology), PhD, FAusIMM, president and chief executive officer of Royal Road, a qualified person as defined under National Instrument 43-101.

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