TORONTO -- Lithium Royalty Corp. (TSX: LIRC) has announced a significant development in its portfolio with the discovery of a world-scale cesium deposit by Power Metals Corp. at the West Joe Dyke within the Case Lake property in Ontario. This discovery, highlighted by a maiden mineral resource estimate, adds substantial value to LRC's portfolio, which consists of 35 royalties. While lithium remains the primary focus, the uncovering of cesium presents a potential near-term revenue source. The Case Lake property, along with other projects like Grid Metals Corp.'s Donner Lake in Manitoba and Winsome Resources' Sirmac-Clapier in Québec, underscores the hidden value in LRC's investments beyond lithium. This discovery is not only beneficial for LRC shareholders but also indicates possible revenue generation from the property as early as next year.
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