Mont Royal Resources Limited to update shareholders regarding a discovery of nickel-copper massive sulfide mineralisation during its maiden 1,000m diamond drilling program at the Wapatik Project ("Wapatik", "Project"), located in the James Bay area of Quebec, Canada. This high-grade intersection is related to an ultramafic intrusion and corresponds to an electromagnetic conductor with strong potential for expansion with immediate follow up drilling. Details of the discovery hole WAP22-003: 2.68% Ni, 1.30% Cu, 0.09% Co over 3.30m from 143.4 m to 146.7 m along the hole (110 meters vertical depth), including: 3.63% Ni, 0.48% Cu, 0.12% Co over 1.0 m, and 3.04% Ni, 0.75% Cu, 0.10% Co over 1.1 m. Assay results are pending for the other three holes and the remainder of WAP22-003 which formed part of the phase 1 drilling program.

A second phase drill program is currently underway for a program of six (6) diamond drill holes operated by Azimut, with the drilling being carried out by Chibougamau Drilling Ltd. of Chibougamau (Quebec).