Elemental Altus Royalties Corp. Announces Growth with A$250M Laverton Acquisition and Hercules Maiden Reserve in Australia

Reuters

2025/05/28

Elemental Altus Royalties Corp. Announces Growth with A$250M Laverton Acquisition and Hercules Maiden Reserve in Australia

Elemental Altus Royalties Corp. has announced continued growth at its royalty assets, highlighted by two major developments. The company holds a 2% gross revenue royalty on the Laverton Project in Western Australia, which has been acquired by Genesis Minerals Limited for A$250 million. This acquisition highlights Laverton's potential to supply ore to Genesis's nearby Laverton mill. Additionally, Elemental Altus has a royalty on the Hercules Discovery, part of Northern Star Resources Limited's South Kalgoorlie Operations. Northern Star reported a maiden Mineral Resource and Ore Reserve Estimate of approximately 900,000 ounces of gold at Hercules, underscoring the project's scale and potential. Elemental Altus's A$10 per ounce production royalty and additional discovery bonuses emphasize the value in their exploration and development portfolio.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Elemental Altus Royalties Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 253650) on May 28, 2025, and is solely responsible for the information contained therein.

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Announces Growth with A$250M Laverton Acquisition and Hercules Maiden Reserve in Australia","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Elemental Altus Royalties Corp. Announces Growth with A$250M Laverton Acquisition and Hercules Maiden Reserve in Australia\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Elemental Altus Royalties Corp. has announced continued growth at its royalty assets, highlighted by two major developments. The company holds a 2% gross revenue royalty on the Laverton Project in Western Australia, which has been acquired by <a href=\"https://laohu8.com/S/GSISF\">Genesis Minerals Limited</a> for A$250 million. This acquisition highlights Laverton's potential to supply ore to Genesis's nearby Laverton mill. 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Announces Growth with A$250M Laverton Acquisition and Hercules Maiden Reserve in Australia\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-28 19:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Elemental Altus Royalties Corp. Announces Growth with A$250M Laverton Acquisition and Hercules Maiden Reserve in Australia\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Elemental Altus Royalties Corp. has announced continued growth at its royalty assets, highlighted by two major developments. The company holds a 2% gross revenue royalty on the Laverton Project in Western Australia, which has been acquired by <a href=\"https://laohu8.com/S/GSISF\">Genesis Minerals Limited</a> for A$250 million. This acquisition highlights Laverton's potential to supply ore to Genesis's nearby Laverton mill. Additionally, Elemental Altus has a royalty on the Hercules Discovery, part of Northern Star Resources Limited's South Kalgoorlie Operations. Northern Star reported a maiden Mineral Resource and Ore Reserve Estimate of approximately 900,000 ounces of gold at Hercules, underscoring the project's scale and potential. 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ID: 253650) on May 28, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7506","symbol_name":"金矿股","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250528:nNDL9W7JN7:1","article_id":"2538747877","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2538747877","pubTimestamp":1748432056,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Elemental Altus Royalties Corp. has announced continued growth at its royalty assets, highlighted by two major developments. 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