Electric Royalties Sees Rise in Copper Royalties and Provides Project Updates

Electric Royalties Ltd., headquartered in Vancouver, reported increased revenues from its copper royalty at the Punitaqui Copper Mine in Chile, anticipating further gains as production ramps up. Since acquiring the royalty in December 2024, the company has generated approximately C$210,000 in revenues. Battery Mineral Resources Corp., the mine operator, plans to enhance production, which could yield higher royalties for Electric Royalties in upcoming quarters.

Simultaneously, there was notable progress across nine additional royalty assets. At the Seymour Lake Lithium Project in Ontario, rubidium was discovered, with mining leases obtained and a Feasibility Study underway. The Battery Hill Manganese Project in New Brunswick also advanced, showing an 80% increase in manganese mill feed grade, while the Mont Sorcier Project in Quebec initiated an infill drilling program ahead of its feasibility study.

Further developments include successful resource expansions and advancements at the Graphite Bull Project in Western Australia and the Bissett Creek Graphite Project in Ontario.