Miners Royal Road and Hemco join forces in Nicaragua

Toronto-listed Royal Road Minerals announced Wednesday a new exploration partnership with Nicaragua-focused Hemco. The cooperation agreement aims at identifying and exploring gold and copper targets in the areas covered by both companies’ existing licenses, which would expand significantly their radius of action.

“In particular, the Alliance is initially focused on defining reserves in excess of two million ounces of gold (or gold equivalent) recoverable,” Royal Road officials said in a press release.

Source: Mining.com