Altius Minerals Corp T.ALS

Alternate Symbol(s): ATUSF

Metals & Mining Copper

Altius Minerals Corporation is focused on growing its royalty business through prospect generation and the creation and acquisition of royalties. It diversified mineral royalties from 11 operating mines located in Canada (nine) and Brazil (two) that produce copper, nickel, cobalt, lithium, potash and iron ore. Its segments include Mineral Royalties, Project Generation and Renewable Royalties. The Mineral Royalties consist of the acquisition and management of producing and development stage royalty and streaming interests. The Project Generation segment is engaged in acquisition and early-stage exploration of mineral resource properties with a goal of vending the properties to third parties in exchange for early-stage royalties and minority equity or project interests. The Renewable Royalties segment includes a majority interest holding in publicly traded Altius Renewable Royalties Corp., which is focused on the acquisition and management of renewable energy investments and royalties.

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Altius Minerals Corp

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Post by greenandgoldon Jun 01, 2011 12:16pm

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Post# 18656573

New Millrock Royalty

Millrock announces today that land with a 2% Altius royalty has been added to Estelle, their joint exploration venture with Teck in the Kahiltna Terrane in Alaska. Teck planning to spend $3.5 million on the 2011 exploration budget for Estelle; Millrock will be the lead operator.
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They are hunting elephants in Alaska. Estelle has similar geological features to nearby giant copper-gold deposits like Whistler and Pebble. Absolutely no risk to Altius, and huge upside if Teck/Millrock makes a discovery.

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