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Newsfile Corp
22 days ago
Elemental Royalty Provides Portfolio Update
Denver, Colorado--(Newsfile Corp. - April 23, 2026) - Elemental Royalty Corporation (NASDAQ: ELE) (TSX: ELE) ("Elemental") announces continued progress across the portfolio including at cornerstone royalties Karlawinda and Laverton, as well as key development assets Mactung, Diablillos, and Viscaria, further derisking Elemental's near and mid-term revenue profile. Highlights Material progress on the Karlawinda Expansion Project, expected to deliver 150,000 ounces of gold per year, with commissioning anticipated in Q3 2026 Beasley Creek highlighted by Genesis Minerals as a key development priority at Laverton for their upcoming strategic long-term mine plan Viscaria has completed groundworks as the operator ramps up the construction phase of the project, targeting first production in 2028 Diablillos has been approved for inclusion under Argentina's Large Investment Incentive Regime, and is advancing toward construction decision later in 2026 Feasibility Study commenced at Mactung with completion targeted in H1 2027, leading up to the submission of the mining application in 2027 New operators over producing assets Bonikro and Korali-Sud with the acquisition of Allied Gold by Zijin Gold International; at Dugbe, with the acquisition of Pasofino by major shareholder, Mansa Resources; at Cactus with the acquisition of Arizona Sonoran by Hudbay Minerals; and Bellavista's acquisition of Pickle Crow from FireFly Minerals Karlawinda Expansion Project on Track At Karlawinda, operator Capricorn Metals (ASX: CMM) ("Capricorn") has reported that the Expansion Project remains on track, with the operation producing 30,358 ounces of gold in the March 2026 quarter while continuing to advance key development works across the expanded processing circuit and associated infrastructure.