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Eagle Royalties Ltd C.ER

Alternate Symbol(s):  ERYTF

Eagle Royalties Ltd. is engaged in holding royalty assets. The Company holds royalty interests in approximately 35 mineral exploration projects in western Canada. These projects are being explored for commodities that include gold, silver, critical metals, uranium, rare-earth elements, diamonds and industrial minerals. The Company’s portfolio includes the flagship AurMac (McQuesten) Royalty that overlies a portion of Banyan Gold Corp’s gold discovery at their AurMac Property located in the central Yukon Territory. Its Schott's Lake Royalty, George Lake Royalty and Knife Lake Royalty are situated in Saskatchewan, Canada. The Eskay Creek Royalty is situated in British Columbia, Canada. Its other royalties include Acacia, Adamant, Albert Lake, Axis Lake, BC Mas, Beaven, Black Diamond, Black Water Regional, Brownell Lake, Cathro, Coyote Creek, Cup Lake, Elsiar, East Goldfield, Fort a la Corne, Dianne Lake, Hanson North, Hot Punch, Hunter Basin, Manson Bay South, Kalum and more.


CSE:ER - Post by User

Eagle Royalties Ltd
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Post by NineLiveson Jun 26, 2024 4:43pm
171 Views
Post# 36107758

Skeena Resources

Skeena ResourcesJust secured funding for their Gold Eskay Creek property. 

The good news is ER holds a 2% NSR on part of this property with a 1% available for a $1 million buydown. With this and the AurMac property getting closer to production and the cash they just received for the sale of another NSR then things are looking up.

A rough estimation based on past financials and the recent sale shows them with close to $5 million in cash.

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