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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 11 producing royalties and a diversified portfolio of pre-production and discovery stage assets. It 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 Amancaya, Ballarat, Bonikro, Caserones, Karlawinda, Mercedes, Mt. Pleasant, Mulgarrie, South Kalgoorlie, Wahgnion, Mactung, and Cantung. Amancaya mine is located in northern Chile approximately 200km southeast of Antofagasta. Ballarat is an underground gold mine located 115 km northwest of Melbourne in Ballarat, Victoria, Australia. The Bonikro open-pit gold mine is located in Cote d'Ivoire, 230 km north-west of Abidjan and produce gold. The Caserones mine is a large, open-pit porphyry copper-molybdenum deposit, located in the Atacama region of northern Chile.


TSXV:ELE - Post by User

Post by Betteryear2on Jul 12, 2023 12:55pm
132 Views
Post# 35537703

Elemental Altus Increases NSR Royalty

Elemental Altus Increases NSR Royalty Vancouver, British Columbia--(Newsfile Corp. - July 12, 2023) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or "the Company") announces that it has acquired an additional NSR interest on the Caserones copper-molybdenum mine ("Caserones") in Chile for a total cash consideration of US$2.6 million. On March 27, 2023 Lundin Mining Corporation ("Lundin Mining") announced its intention to acquire a 51% interest in Caserones for a total consideration of US$950 million.

Elemental Altus Increases NSR Royalty on Caserones Copper Mine (newsfilecorp.com)
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