Mont Royal Resources Ltd.
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in mil. unless spec.Company Description
- CEO
- Nicholas Holthouse
- Full Time Employees
- - -
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 2 Bligh Street Sydney NSW Australia 2000
- IPO Date
- May 7, 2019
- Website
- montroyalres.com
- Similar Companies
- Business
- Mont Royal Resources Limited (ASX:MRZ; TSXV:MRZ) is an Australia-based critical minerals development and exploration company focused on rare earth elements, niobium, fluorspar, lithium, gold, silver, copper and nickel projects in Quebec, Canada. The company develops the flagship Ashram Rare Earths & Fluorspar Project, one of North America's largest monazite-hosted rare earth deposits with a NI 43-101 resource of 204 million tonnes grading 1.9% total rare earth oxides; the adjacent Eldor Niobium Project, featuring a significant high-grade niobium discovery; and the Northern Lights Project in the James Bay region, where it holds a 75% interest in tenements prospective for lithium, precious and base metals. Operations target the clean energy transition, supplying magnet-feed rare earths, strategic metals and industrial minerals to markets including electric vehicles, wind energy, defence and advanced technologies, with headquarters in Montréal, Québec. In October 2025, Mont Royal completed a transformational merger with Commerce Resources Corp., creating a dual-listed Québec-focused entity and combining the Ashram and Eldor projects with Northern Lights; the company concurrently raised A$10 million through a public equity offering to fund a preliminary economic assessment at Ashram, advance Eldor niobium exploration and progress Northern Lights drilling. Mont Royal re-listed on the ASX in November 2025 following the merger, with over $50 million historically invested in Ashram drilling and studies to support de-risked development in a tier-1 mining jurisdiction.
Company News
Mont Royal Holds First Public Information Meeting in Kuujjuaq for the Ashram Project
Mont Royal Receives C$2.22 Million Quebec Tax Credit
Mont Royal Accepted into US Defense Industrial Base Consortium (DIBC)
Mont Royal to Evaluate Gold Potential at Northern Lights Project
Mont Royal Files PEA Technical Report for the Ashram Project
High-Grade Fluorspar Identified at the Ashram Project's Mallard Prospect
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Mont Royal advances Ashram strategy as PEA nears completion
Ashram Project PEA Nears Completion as Mont Royal Establishes Advisory Board and Strengthens Management
Mont Royal via Commerce Resources Receives an Extension of the Critical Minerals Infrastructure Fund Conditional Approval for Revised Road Strategy for the Ashram Rare Earths & Fluorspar Project, Quebec
Ashram Project Geological Data Review Highlights Growth Opportunity at the BD-Zone
Mont Royal Announces Agreement with Port Saguenay for the Ashram Rare Earths Project
Auralia Metallurgy Commences Flotation Test Work Optimisation Program for the Ashram REE and Fluorspar Project, Quebec
Mont Royal Recommences PEA Study and Appoints Altris Engineering to Lead