Elemental Royalties Notes First Gold Pour at Key Karlawinda Royalty

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[{"type":"text","content":"\n \n \n \n Elemental Royalties Notes First Gold Pour at Key Karlawinda Royalty\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n July 6, 2021\n \n /CNW/ - Elemental Royalties Corp. (\"\n \n Elemental\n \n \" or \"the\n \n Company\n \n \") (TSXV: ELE) (OTCQX: ELEMF), a diversified gold royalty company focused on quality, accretive and revenue-generating acquisitions across established and emerging mining regions, is pleased to note the announcement by Capricorn Metals Limited (\"\n \n Capricorn\n \n \") (ASX: CMM) that it has completed first gold pour at its Karlawinda Gold Project in\n \n Western Australia\n \n where Elemental holds a 2% NSR royalty.\n \n \n \n \"First gold on schedule at our largest royalty is a major de-risking event,\"\n \n \n Frederick Bell\n \n , CEO of Elemental commented.\n \n \"Karlawinda is\n \n Australia's\n \n newest gold mine with a 10+ year mine life and significant potential to grow the resource base. Once at full production, Karlawinda will be our largest revenue contributor, underpinning our portfolio of high quality, cash flowing royalties.\"\n \n \n \n \n \n Karlawinda First Gold Pour\n \n \n \n \n \n Capricorn's first gold pour at its wholly owned Karlawinda Gold Project on schedule and within budget is a major milestone\n \n \n Gold bars weighting 386 ounces were poured in the first smelt on\n \n June 30, 2021\n \n \n \n Optimisation of the plant has commenced, with the three stage crushing circuit having already run in excess of required production rates at over 1,000 tonnes per hour\n \n \n The 7.5MW ball mill has operated at 91% availability during start-up, achieving targeted throughput rates for laterite feed\n \n \n Run of mine ore stocks continue to build, with in excess of 450,000 tonnes of ore on the ROM pad\n \n \n Ramp-up to full annual production rate of 110-125,000 ounces of gold expected over coming months alongside the declaration of commercial production\n \n \n Reserve and Resource update expected in Q3 2021\n \n \n \n \n \n \n \n \n \n \n \n O...

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