Ashram Project Geological Data Review Highlights Growth Opportunity at the BD-Zone
HIGHLIGHTS An internal geological review has identified strong potential for the BD-Zone to contribute to growth of the overall Ashram Deposit Mineral Resource as a discrete sub-domain. The BD-Zone shows relatively high distributions of the high-value magnet rare earth elements, Neodymium and Praseodymium (NdPr), and Terbium and Dysprosium (TbDy). Predominant mineral species identified as bastnaesite, parisite, and synchysite (rare-earth fluorocarbonate minerals). Initial mineralogy indicates...
2026-02-17 1:51 AM EST
Mont Royal Announces Agreement with Port Saguenay for the Ashram Rare Earths Project
HIGHLIGHTS Non-binding MOU signed with the Saguenay Port Authority, located in the heart of the Saguenay-Lac-St-Jean industrial region, Québec. The agreement with Mont Royal highlights the strategic advantages and role of the Port of Saguenay as a natural logistics hub in north-eastern Canada for the development of the critical minerals sector and aligns with the strategic Canadian Northern Corridor (CNC). The Port of Saguenay offers a year-round and integrated port, road and rail logistics...
2026-01-27 11:51 PM EST
Auralia Metallurgy Commences Flotation Test Work Optimisation Program for the Ashram REE and Fluorspar Project, Quebec
HIGHLIGHTS Mont Royal has recommenced metallurgical flotation test work on the Ashram Project, with highly regarded rare earth flotation specialists Auralia Metallurgy Pty Ltd (Auralia) engaged to undertake the program. A ~700kg bulk sample of mineralised material from Ashram has already arrived in Australia and has been expedited for analysis by Auralia. This work will build on the excellent results achieved from the previous SGS Lakefield campaign which provided high-grade rare earth...
2025-12-01 5:17 AM EST
Mont Royal Recommences PEA Study and Appoints Altris Engineering to Lead
HIGHLIGHTS Altris Engineering appointed as Lead Engineer for the updated Preliminary Economic Assessment (PEA) for the Ashram REE and Fluorspar Project in Quebec, Canada. Altris will initially focus on a Gap Analysis to ascertain the work undertaken as part of the previous PEA and identify key areas required to close out the study using revised throughputs and an updated project configuration. Following completion of the Gap Analysis, Altris will recommence the PEA closeout work packages with...
2025-11-18 8:28 PM EST