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Royal Acquisitions and Development, Inc. In Discussions to Acquire Additional Mining Operations in Mexico

Posted on: Monday, 5 May 2008, 09:00 CDT

Royal Acquisitions and Development, Inc. (RQST-OTCIQ.PK) has entered into preliminary discussions with a well known and established exploration and mining company in the State of Sonora, Mexico. The Company believes that this new relationship is extremely feasible to our current plans for operations. The new potential acquisition lies virtually in our same operational district which will serve us in travel time, professional expenses and the overall costs associated with single operations. The new concessions are located in the middle of three highly successful and currently operating gold and copper mining properties in the Sierra Madre mountain chain.

The Company will be receiving the initial independent Geological Reports in the coming days. These additional mining operations have great potential and would add significantly to the current business model of the Company and would consolidate the Company's efforts within the region. The Company is always looking to add potential assets to further its business strategies. The management's plans for 2008 are now becoming one step closer to reality.

Our Concession

The RQST land claim lies wholly in Sahuaripa County, Sonora, Mexico. According to el Imparcial (the predominate regional newspaper of Sonora), the gold production in Sahuaripa County alone will be roughly 4.65 tons of gold this year. As an example, the Mulatos mine provided in the first quarter of 2006 22,680 ounces of gold, the Dolores mine reported in the first quarter of 2006 3,000,000 ounces of gold and 149,000,000 ounces of silver, and the El Sauzal mine has recorded gold reserves of nearly 2,000,000 ounces.

Further, the upward trend in neighboring mining reporting data, lends sufficiency to the preliminary RQST assays. The RQST property neighbors such rich mining sites as Mulatos of Alamos Gold (TSX.AGI) to the North, Dolores of Minefinders (TSX.MFL) to the East, and El Sauzal of Glamis Gold/Goldcorp (TSX.G) to the South and lends credence and raises expectations that the RQST property has enormous potential that at least meets the proven reserves of these well documented neighboring gold mines.

About Royal Acquisitions and Development, Inc.

The company specializes in the development of mining, real estate and other equitable acquisitions.

"Safe harbor" Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as TI or its management "believes,""expects,""anticipates,""foresees,""forecasts,""estimates," or other words or phrases of similar import. Similarly, statements in this release that describe our business strategy, outlook, objectives, plans, intentions or goals are also forward looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.

For more information, please contact us at info@rqstinc.net.

Source: Business Wire

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