E-Books

May 25, 2026, 8:58 PM EDT. Mont Royal Resources (ASX: MRZ) has identified high-grade fluorspar with up to 39.8% calcium fluoride at its Mallard niobium prospect in Canada's Eldor Carbonatite Complex. The discovery lies in the newly-named 'Flux' fluorite zone, showing significant fluorspar mineralisation alongside modest niobium content within dolomite carbonatite. The mineralisation extends over 80 meters strike length and 150 meters vertically and remains open for expansion. Managing Director Nicholas Holthouse highlighted the potential for future fluorspar development synergies given Mallard's proximity to Ashram, home to one of the world's largest fluorspar deposits. Increasing global fluorspar demand, driven by chemical, metallurgical, and energy-transition sectors amid tighter supply, supports the strategic importance of this mineral. Canada's stable supply position is increasingly attractive as China transitions from exporter to net importer due to mine closures and regulations.