VANCOUVER, BC, Sept. 23, 2021 /CNW/ - Electric Royalties Ltd. (TSXV: ELEC) (OTCQB: ELECF) ("Electric Royalties" or the "Company") is pleased to announce an asset update on its current royalty portfolio.
Brendan Yurik, CEO of Electric Royalties, highlights, "It's been an incredible period of growth since our last asset update in July and we've had several more developments across the assets underlying our battery metal royalty portfolio." These include:
- Authier Lithium Royalty - Sayona has completed the acquisition of North American Lithium and is outlining a path to production which includes the Authier lithium project as a part of their strategy.
- Bissett Creek Graphite Royalty - Northern Graphite has continued to advance concentrate studies showing that its graphite concentrates can easily be purified to battery standards using either acid or alkaline based processes.
- Millennium Copper-Cobalt Royalty – Global Energy Metals announced some exciting drill intercepts including 16 m @ 1.07% Cu, 0.26% Co and 0.40 g/t Au. The results provide confidence in the potential for confirmation and growth of the historical resource.
- Battery Hill Manganese Royalty - Manganese X Energy has filed the technical report for its updated resource estimate ahead of a Preliminary Economic Assessment expected in the near future.
- Chubb Lithium Royalty – After a successful spring drill program in which 1.48% Li2O over 12.7 m was intersected in diamond drill hole ("DDH") 21-CH-15, Great...
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