	royal resources rrco makes uisition royal resources corp said it has exercised its optioon to purchase montagu mining investments inc from samuel montagu ltd of london for dlrs in cash and common shares the company said montagu s main asset is a pct interest in the hog ranch joint venture which operates the open cut heap leach hog ranch gold mine in washoe county nev the mine now produces gold at over ounces a year it said after nine months following closing montagu may require royal to register the shares for sale royal said from six months after closing until one year after montagu also has the right to require royal to repurchase any or all of the shares at dlrs each reuter 
