Key dates
1-4 March 2026 PDAC 2026: The World’s Premier Mineral Exploration & Mining Convention, Toronto, Canada
News
Small Caps: MRZ Explores Ashram’s Fluorospar Upside
In this SmallCaps.com.au interview, Mont Royal Resources (ASX: MRZ) CEO Nick Holthouse provides an update on the company’s flagship Ashram project in Quebec. The discussion centres on Ashram’s growing potential to produce fluorospar alongside its rare earths stream, with the company evaluating a simpler “met-spar” product pathway to unlock additional value.
Stockhead: Growing fluorspar demand fuels Mont Royal’s interest in production at Ashram
Mont Royal Resources is carrying out additional testing to support the addition of a fluorspar circuit in the upcoming pre-feasibility study for its Ashram project in Quebec.
Crux Investor: Mont Royal Resources Slashes Ashram Capex Ahead of Game-Changing PEA for Large North American Rare Earths Project
Mont Royal Resources (ASX:MRZ) is positioning its Ashram rare earth project in Quebec as a generational asset on the cusp of releasing preliminary economic results that could reshape investor perception of the development. Managing Director Nick Holthouse and Head of Corporate Development Peter Ruse provided comprehensive updates on project advancement, revealing significant capital cost reductions and introducing fluorspar as a substantial secondary revenue opportunity. The forthcoming Preliminary Economic Assessment (PEA) represents a critical milestone for attracting serious industry and financial partners to what the company characterises as an eminently financeable project.
Crux Investor: Mont Royal Resources (ASX:MRZ) – Ashram PEA Nears as Capex Slashed 50% and Fluorspar Upside Emerges
Mont Royal Resources is on the verge of releasing a highly anticipated Preliminary Economic Assessment (PEA) for its Ashram rare earth project in Quebec, showcasing structural improvements that could redefine the project's financial viability. By strategically redesigning its operations, the company has successfully slashed projected capital costs by more than half, transforming the asset into an eminently financeable operation.
Small Caps: Mont Royal Resources Confirms Fluorspar Potential as Saleable By-Product from Ashram Project
Mont Royal Resources confirms Ashram fluorspar could become saleable concentrate, adding a second revenue stream and a fluorspar circuit in the next PFS.
Small Caps: Relentless Resource Expansion: The Evolution of Mont Royal’s Ashram Rare Earth Deposit
Mont Royal targets a Tier-1 Ashram REE asset after years of growth, led by 129.5m at 2.07% REO and a 204Mt resource base.
Prime Minister of Canada: Carney announces the Canada Strong Fund – Canada’s first sovereign wealth fund
The world is increasingly dangerous, divided, and uncertain. In response, Canada’s new government is focused on what we can control: building a stronger, more resilient, more independent Canadian economy.
The Wall Street Journal: USA Rare Earth to Acquire Serra Verde in $2.8 Billion Deal
The deal is seen strengthening USA Rare Earth’s mine-to-magnets supply chain amid geopolitical tensions between the U.S. and China
Small Caps: Mont Royal Advances Ashram PEA
Mont Royal Resources (ASX: MRZ) CEO Nick Holthouse provides an update on the company’s flagship Ashram rare earths project in Quebec, which is now around 80% complete on the updated preliminary economic assessment (PEA). The discussion centres on a more streamlined development strategy, with a focus on simplifying logistics, improving all-year site access and reducing upfront capital intensity.
Small Caps: Historical Drill Results Reveal World-Class Scale of Mont Royal’s Ashram Rare Earth Asset
Mont Royal (ASX:MRZ) unveils 392.8m @ 2.12% REO at Ashram, underpinning a 204.3 Mt Tier-1 TREO resource—historic drill data lifts MRZ relisting buzz.

