18:09:33 EDT Wed 16 Sep 2026
Enter Symbol
or Name
USA
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Arya Resources Ltd
Symbol RBZ
Shares Issued 50,063,779
Close 2026-09-15 C$ 0.315
Market Cap C$ 15,770,090
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Arya appoints March as executive VP, exploration

2026-09-16 16:09 ET - News Release

Mr. Rasool Mohammad reports

ARYA RESOURCES APPOINTS ROGER B. MARCH AS EXECUTIVE VICE PRESIDENT, EXPLORATION

Arya Resources Ltd. has appointed Roger B. March, PGeo, as executive vice-president, exploration. Mr. March has served as a director of the company since January, 2026.

Mr. March is a senior exploration and mining executive with more than 30 years of technical and managerial experience advancing mineral projects from grassroots exploration through resource definition, feasibility, permitting and development.

"Roger brings a rare combination of exploration success, resource growth experience and project development expertise that is highly relevant to Arya and the Wedge Lake gold project," said Rasool Mohammad, president and chief executive officer of Arya Resources. "His contributions to the advancement of McIlvenna Bay and Meadowbank demonstrate the depth of experience he brings to our team. His technical background in iron-formation-hosted gold, together with his extensive Saskatchewan experience, makes him particularly well suited to lead the next stage of exploration at Wedge Lake."

Career highlights include:

  • Approximately 15 years with Foran Mining Corp., including 10 years as vice-president, where he contributed to the advancement of the McIlvenna Bay copper-zinc-silver-gold project in Saskatchewan. During his tenure, indicated and inferred mineral resources increased from 12.67 million tonnes to 43.10 million tonnes, and the adjacent Tesla zone was discovered. Foran was acquired by Eldorado Gold Corp. in April, 2026, in a transaction implying an equity value of approximately $3.8-billion.
  • More than a decade with Cumberland Resources Ltd., where he was part of the team that advanced the Meadowbank gold project in Nunavut through prefeasibility and feasibility studies while its gold resource increased from approximately 800,000 ounces to more than four million ounces. Cumberland was acquired by Agnico Eagle Mines Ltd. in 2007 in a transaction valued at approximately $710-million.
  • Extensive technical expertise in iron-formation-hosted gold, Archean lode gold and volcanogenic massive sulphide systems, together with geological modelling, quality assurance/quality control, technical reporting and mineral project permitting in Saskatchewan and Nunavut.

Mr. March holds a bachelor of science (honours) degree in geology from Memorial University of Newfoundland and is a registered professional geoscientist.

Roger March, PGeo, is the qualified person, as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects), who has reviewed, verified and approved the technical contents of this news release.

Mr. March has entered into a written employment agreement with the company providing for a per diem fee and discretionary bonuses if and as determined by the board of directors.

The company has also retained Equinox Analytics Inc. to provide research and analytic services in relation to the company's market performance, sector benchmarking and public market sentiment. The engagement has a 12-month term, for consideration of $100,000. The agreement is subject to TSX Venture Exchange approval.

The company further clarifies that the grant of 750,000 options originally announced on Feb. 3, 2026, was delayed but have been issued, effective immediately. As indicated in the news release, each option is exercisable at a price of 75 cents until Feb. 3, 2029. In addition, the company has further granted an additional 650,000 options exercisable at a price of 50 cents until Sept. 15, 2031. All option grants are subject to the approval of the TSX Venture Exchange.

About the Wedge Lake gold project

The Wedge Lake gold project is located in Saskatchewan's La Ronge gold belt. The property hosts gold mineralization associated with sulphide-rich iron formation as well as high-grade orogenic quartz veins. Arya is advancing systematic exploration to evaluate the scale, continuity and relationship of these mineralized systems.

About Arya Resources Ltd.

Arya Resources is a Canadian mineral exploration company focused on the exploration and development of its mineral properties in Saskatchewan. The company's common shares trade on the TSX Venture Exchange under the symbol RBZ.

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