However, this is risky time and companies need to demonstrate awareness of their surroundings and an understanding of the political as well as the geological setting. One company that stands out is a South American mineral exploration company called Royal Roads Minerals (TSX-V: RYR).
At the helm of this company is Tim Couglin, a geologist that has had past success with his discovery and eventual development of the Amulsar gold project, currently owned by Lydian International.
His work has always stood out. First because of his past success in discovery, but also because of the awareness he has demonstrated in dealing with the communities and regions he is exploring in. Finally, Barrick gold invested $1.3 million CAD into the junior for a 12.5% stake.
Royal Roads was formed in the wake of the historic wake of the peace process in Colombia, and we had a chance to catch up with him and visit the country weeks after the historic agreement between the FARC.
NewsMiner has been following the work of Tim Couglin.
"An Update on Colombia's Peace Process and a Gold Explorer Gaining Critical Mass"
https://ceo.ca/@nicholaslepan/an-update-on-colombias-peace-process-and-a-gold-explorer-working-towards-critical-mass
"Royal Roads Minerals: An Example in Building Social License"
https://ceo.ca/@nicholaslepan/royal-road-minerals-an-example-of-building-social-license
"Why Are Colombian Municipalities Banning Mining?"
http://www.miningfeeds.com/2017/11/27/why-are-colombian-municipalities-banning-mining/
The reason for this blog post is that the company recently shared a video that outlines the early stage community and exploration work necessary for success down the road.
"The Road to Gold: Colombia"
"Filmed in October 2018, this twenty minute documentary analyzes the post-conflict process in Colombia and follows the crucial work and role of the Royal Road and ECOMUN teams, as they deploy their innovative and unique strategy in one of the worlds most exciting districts, Narino; Colombia's southernmost province."
It is an exciting time for mineral exploration in Colombia, due to its lack of past investment and geological endowment; Royal Roads is well positioned with a CEO that has a track record of success, local knowledge and endorsement from Barrick Gold with an equity stake in the company.
What remains now is a mineral discovery, nonetheless, we believe Royal Roads has the competence to operate overseas. We wish Tim Couglin the best of luck and keep up the good work.
We currently do not own any shares, but may consider purchasing down the road.
Website: https://www.royalroadminerals.com/
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