Royalties Inc C.RI

Alternate Symbol(s): ROYIF

Metals & Mining Industrial Metals & Minerals

Royalties Inc. is a Canada-based diversified royalties’ company. The Company has a 2.1% stake in Music Royalties Inc. (MRI), a Canada-based private company that acquires passive music royalties from rightsholders, including artists, producers and songwriters, and holds a portfolio of approximately 28 cash-flowing music royalties. The Company also has interests in exploration and evaluation properties located in Mexico, owning a 100% interest on the Bilbao silver-zinc-lead project located in the southeastern part of the State of Zacatecas. It also owns 88% interest in Minera Portree de Zacatecas, S.A. de C.V (Minera Portree), which holds an asserted claim to a 2% net smelter royalty on five mining concessions located adjacent to the Cozamin Mine operated by Capstone Mining Corp.

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Royalties Inc

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Post by blackgold14on Sep 01, 2020 4:08pm

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Post# 31488417

Recoverable Copper Alone Worth Over $100 million ?

2014 PEA reported a total resource of 10,634,764 tonnes grading 0.17% copper. Assuming a very conservative recovery rate of 65%, a copper price of $3.00 (it's over that today), and a US/CAN dollar exchange rate of $1.30 CAN for US$1.00, I calculate a value of over $100.8 million.

Add that to the value of the silver, zinc and lead resource and it's looking like the total value of the recoverable metals for the Bilbao deposit is well over half a billion dollars at today's commodity prices.

I wonder what kind of price they could get for such a valuable deposit.

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