Mont Royal Resources Limited announced that the Company is due to commence its maiden fieldwork program at the Company's recently acquired Tarku property, located on the Upper Eastmain Greenstone Belt Quebec, Canada. Mont Royal has engaged TMC Geophysics to undertake the Ground EM survey which is due to commence in early February 2022, and is expected to take approximately 3 weeks to complete, weather permitting. Preliminary results are expected in March/April 2022 and IOS Services will be arranging all the required logistics, which include accommodation and helicopter support.

Direct detecting of the massive sulphides through electromagnetic (EM) geophysical techniques is a conventional exploration approach for targeting the Cu-Pb-Zn volcanic massive sulphide (VMS) type deposits and is one of the priority techniques for Ni-Cu-PGE sulphides exploration. The Company aims to replicate the recent exploration success of Benz Mining Limited that used EM anomalies to target sulphide hosted gold mineralisation, and lead to discovery of the Eastmain mine. Numerous other gold prospects have also proven this technique as a tried and tested approach for gold exploration in the Archean greenstone belts.

Mont Royal plans to use EM geophysics, which is applicable for different commodities (base metals, polymetallic deposits, nickel sulphides and gold) and mineralisation styles, as a basis of the Company's exploration strategy in the Upper Eastmain greenstone belt. The Company anticipates that this approach will deliver a clear pathway to discovery with drill targets to be generated by the survey. Tarku property is the eastern extension of the Eastmain project, and is characterised by similar tectonics and stratigraphy, with gold mineralisation exposed on a surface along the faults, representing the splays of the major trusts.

Notably, so far the best Au assays at the Tarku property were obtained from the samples collected from the Colline du Chateau Fort gold occurrence, which is exposed on the surface in vicinity to the southern thrust zone. The zone is also known as the Ruby Hills corridor, as it runs through the Ruby Hill property of the Benz Mining Limited and extends to the Tarku segment of the greenstone belt. Ground EM survey: The proposed exploration programme will commence with a ground EM survey that will target the southern thrust zone on the western part of the Tarku, referred here as the Target-1. The western part of the Target-1 is characterised by a cluster of small heli-borne EM anomalies distributed in a vicinity to the Colline du Chateau Fort gold occurrence along the Ruby Hill corridor.

Size and intensity of these anomalies is similar to that identified at the neighbouring Eastmain property where they were found related to the gold mineralisation, therefore the EM exploration survey initially will be focused on this part of Target-1, representing a priority exploration interest. Another target, defined as the Target-2 represents the strong heli-borne EM anomaly approximately in the middle of the Tarku property, where it is coincident with the gabbro intrusion. The western flank of the intrusion is cut by a set of the East-North-East trending faults that are linked with Colline du Chateau Fort gold occurrence.