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Elemental Altus Royalties Corp V.ELE

Alternate Symbol(s):  ELEMF

Elemental Altus Royalties Corp. is a Canada-based precious metals royalty company. The Company has about 10 producing royalties and a diversified portfolio of pre-production and discovery stage assets. The Company is focused on acquiring uncapped royalties and streams over producing, or near-producing, mines operated by established counterparties, as well as generating royalties on new discoveries. The Company’s portfolio includes Karlawinda, Caserones, Wahgnion, Ming, Bonikro, Mercedes, Ballarat, Amancaya, South Kalgoorlie, Mt. Pleasant, and Pre-Production Royalties. The Karlawinda Gold Project is located in the Pilbara region of Western Australia, over 70 kilometers by road southeast of the town of Newman. The Caserones mine is situated in the Atacama region of Northern Chile. The Wahgnion mine is located southwest of Burkina Faso. The Bonikro open-pit gold mine is located in Cote d'Ivoire, approximately 230 kilometers northwest of Abidjan.


TSXV:ELE - Post by User

Post by Betteryear2on Jul 25, 2023 6:45pm
120 Views
Post# 35556793

Elemental Altus Generates Two New Gold & Copper Royalties

Elemental Altus Generates Two New Gold & Copper RoyaltiesVancouver, British Columbia--(Newsfile Corp. - July 25, 2023) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or "the Company") announces the generation of two new gold and copper Net Smelter Return ("NSR") royalties, through the execution of a Sale & Purchase Agreement for the sale of 95% of its Ethiopian focused Seychelles incorporated subsidiary Altau Resources Ltd. to Canadian incorporated ANS Exploration Corp. ("ANS") (the "Transaction"). Through its local branch, Altau holds a 100% interest in the 299.5 km2 Daro and 284.9 km2 Zager licences (the "Projects") located in the Arabian-Nubian shield geology of northern Ethiopia. The Projects are prospective for the discovery of Volcanogenic hosted Massive Sulphide ("VMS") copper and gold deposits.

Elemental Altus Generates Two New Gold & Copper Royalties in Ethiopia (newsfilecorp.com)
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