Eagle Royalties Ltd. (TSE:ER) has released an update.
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Eagle Royalties Ltd. has announced that Banyan Gold is conducting a ZTEM geophysical survey on the AurMac Project in Yukon, an area with significant gold resources where Eagle Royalties holds a 0.5% to 2.0% interest. Banyan Gold has made progress on its drill program and metallurgical studies, expecting to complete a PEA by December 2025, with high gold recovery rates reported at two deposits. Eagle Royalties, with its strong financial position and diverse portfolio, retains a flagship royalty in this promising project.
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