Eagle Royalties Ltd. Reviews Positive Drill Results from Fathom's Albert Lake Project

Eagle Royalties Ltd., a company trading on the Canadian Securities Exchange under the symbol ER.CN, has expressed encouragement over the recent drilling results from Fathom Nickel's Albert Lake project in Saskatchewan. Fathom, which trades as FNI.CN on the CSE, reported that six drill holes, completed during their Winter 2024 program, revealed promising nickel tenor values, particularly in drill-hole AL24077. These results show similarities to the historic Rottenstone Ni-Cu+PGE Deposit.

The results included bore-hole electromagnetic surveys that identified shallow, off-hole geochemical anomalies suggesting a significant mineralized body. Fathom plans to continue its exploration with detailed geochemical and geophysical studies aiming to guide further drilling. Additionally, these drill sites fall under areas with a 2% net smelter royalty to Eagle Royalties, which could reduce to 1% upon a payment of CDN $1,000,000 to Eagle.