Mont Royal Resources (Asx:Mrz)

Mont Royal Resources (ASX:MRZ) is building a dominant position in an underexplored greenstone belt in Quebec, Canada through the recently acquired Northern Lights, Assets option/JV agreements with Dios Exporation and Focus Graphite Assets. Located in the upper Eastmain greenstone belt with significant historical discoveries, the Acquisition Assets are strategically located, with existing infrastructure and are complementary to Mont Royal’s Wapatik Gold-Copper Project. Wapatik is located in the James Bay area of Quebec, Canada, with the Company holding a JV option agreement with Azimut Exploration Inc. (TSXV: AZM), to earn-in up to 70%. Quebec ranks second to Ontario in terms of provincial gold production, with Quebec producing 33.7% of Canada’s gold in 2018, at some 2.16 million ounces, led by Canada’s largest producer, Agnico Eagle Mines, which has three producing mines in the province. The Company plans to rapidly advance both projects through 2022 and beyond.