Elemental Royalties (TSE:ELE) has released an update.
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Elemental Altus Royalties Corp. has announced a significant expansion study at the Karlawinda Gold Project, where it holds a 2% NSR royalty, which could increase throughput by 50% and has also completed the acquisition of high-grade tungsten royalties. The Karlawinda project remains a key asset with a potential pre-expansion mine-life of over 13 years, while the new tungsten royalties align with the company’s growth-focused investment strategy.
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