Business
Elemental Altus Expands Royalty Portfolio with Cornerstone Laverton Acquisition and Dugbe Development Asset
Vancouver, British Columbia--(Newsfile Corp. - September 2, 2025) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") is pleased to announce the creation of a cornerstone gold royalty at Laverton in Western Australia. The Laverton royalty acquisition builds on the Company's existing coverage to create a cornerstone gold royalty in a Tier 1 jurisdiction. Elemental Altus has signed binding agreements to acquire an existing uncapped 2% Gross Revenue...
About this update from Genesis Minerals Limited
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - September 2, 2025) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") is pleased to announce the creation of a cornerstone gold royalty at Laverton in Western Australia. The Laverton royalty acquisition builds on the Company's existing coverage to create a cornerstone gold royalty in a Tier 1 jurisdiction. Elemental Altus has signed binding agreements to acquire an existing uncapped 2% Gross Revenue Royalty ("GRR") over Genesis Minerals' ("Genesis") (ASX: GMD) Focus Laverton Project in Western Australia ("Focus Laverton Royalty"), alongside an existing 2% GRR on Brightstar Resources' ("Brightstar") (ASX: BTR) producing Jasper Hills Project ("Jasper Hills Royalty").","length":864,"tagName":"p"},{"type":"text","content":"In parallel, the Company is acquiring an existing uncapped 2.0-2.5% Net Smelter Return ("NSR") Royalty on Pasofino Gold's ("Pasofino") (TSXV: VEIN) feasibility-stage Dugbe Project in Liberia ("Dugbe Royalty").","length":243,"tagName":"p"},{"type":"text","content":"Highlights:","length":11,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Focus Laverton Royalty (Western Australia)","length":42,"tagName":"p","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":"~US$52 million acquisition of an uncapped 2% GRR over Genesis' recently acquired multi-million-ounce Focus Laverton Project to create third cornerstone asset alongside Karlawinda and Caserones","length":196,"tagName":"p"}]},{"val":[{"type":"text","content":"The Focus Laverton Royalty covers ~2.1Moz of Measured and Indicated Resources and 1.5Moz of Inferred Resources adjacent to Genesis' operating Laverton mill, 99% on granted mining leases and positioned for rapid inclusion into Genesis' mine plan","length":252,"tagName":"p"}]},{"val":[{"type":"text","content":"The Focus Laverton 2% GRR overlaps the Company's existing 2% GRR covering approximately 0.75Moz of Measured and Indicated Resources and 1.1Moz of Inferred Resources at the same project","length":188,"tagName":"p"}]},{"val":[{"type":"text","content":"The combination of Elemental Altus' existing Laverton royalty and the Foc...