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Royal Energy Resources Inc (ROYE)
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Royal Energy Resources Inc is incorporated in Delaware on March 22, 1999. The Company is currently pursuing gold, silver, copper and rare earth metals mining concessions in Romania, Bulgaria and Canada and mining leases in the United States. The rare earth and precious metals leases are approximately 5-15 miles from Bear Lodge Mountain near Sundance, Wyoming. The Company holds the lease for uranium rights on approximately 960 acres in Laramie County, Wyoming as of August 31, 2012 and August 31, 2011, respectively. The uranium rights are located on a trend approximately 25-30 miles from a proposed uranium mine in Weld County, Colorado which was estimated to have uranium reserves valued at over $500 million.
Fiscal Year End Date: 12/31