Electric Royalties Acquires Cash-Flowing Copper Stream, Sees Growth in Zonia Resource Estimate

Proactive - Interviews for investors

Electric Royalties CEO Brendan Yurik joined Steve Darling from Proactive to announce the company’s agreement to purchase a cash-flowing copper stream from Minera Cobre Verde in Chile. This agreement provides Electric Royalties the right to acquire a fixed amount of copper monthly at a set price for four years. The deal is expected to immediately boost the company’s revenue and cash flow while opening opportunities for production expansion partnerships. The copper stream will be cash-settled, providing immediate financial returns and increased exposure to rising copper prices. Yurik also shared updates on Electric Royalties' royalty asset partner, World Copper, which recently published an updated mineral resource estimate for the Zonia copper-oxide deposit in Arizona, where Electric Royalties holds a 0.5% gross revenue royalty. The revised estimate now includes 113.2 million short tons grading 0.303% total copper in the Indicated category (equivalent to 686 million pounds of copper) and 59.2 million short tons grading 0.254% total copper in the Inferred category. This significant resource expansion was driven by the application of higher copper prices and refined mineralization models. Additionally, World Copper has identified further resource expansion potential at the underexplored Zonia Norte target, where Electric Royalties holds an option to acquire a 1% gross revenue royalty. These developments present Electric Royalties with increased revenue potential and greater leverage to rising copper demand. #proactiveinvestors #electricroyaltiesltd #neo #snta #otcqb #sntaf #mining #tin #royalty #tantalum #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews #LithiumAcquisition #CleanEnergy #RenewableResources #SustainableInvesting #CEOInterview #GreenTech #ResourceRoyalties #MiningIndustry #FutureEnergy #LithiumProjects #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews