TSXV:ELE - Post Discussion
Post by
Betteryear2 on Jul 25, 2023 6:45pm
Elemental Altus Generates Two New Gold & Copper Royalties
Vancouver, 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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