Electric Royalties Ltd. Updates on Resource Portfolio Progress

Electric Royalties Ltd. has shared updates on several key projects in its royalty portfolio. The company highlighted advancements across seven projects, spurred by a recent resource upgrade at the Zonia copper project in Arizona.

The Råna Nickel-Copper-Cobalt Project in Norway witnessed the completion of a drilling program, with results pending. Kingsrose Mining has increased its stake to 51% and plans further investment to reach 65% ownership.

At the Graphmada Mining Complex in Madagascar, efforts to secure a partner to resume production are ongoing. The facility remains in good condition.

In Canada, Battery Hill's manganese project is advancing with metallurgy work for a prefeasibility study, while exploration progresses at the Ruddy lithium asset. The Graphite Bull project in Australia has shown promising drilling outcomes as well.

Challenges remain at the Penouta Tin-Tantalum Mine in Spain, which faces financial instability and operational suspensions.