Altius Provides 1st Quarter 2025 Project Generation Update
Altius Minerals (ATUSF) has reported its Q1 2025 Project Generation update, highlighting significant portfolio growth and project developments. The company's public junior equities portfolio value increased to $71.4 million from $60.4 million in the previous quarter, with additional net cash proceeds of $527,000 from portfolio sales.
A major contributor to the portfolio's performance was the company's 19.6% stake in Orogen Royalties, which reported strong 2024 results with $7.9 million revenue from the Ermitaño royalty. Notably, AngloGold Ashanti announced an updated Inferred Resource of 12.1 million ounces gold at the Merlin deposit, representing a 34% increase.
The company has advanced to the detailed proposal phase in the Julienne Lake iron ore project in Newfoundland and Labrador. The deposit hosts a measured and indicated resource of 867 million tonnes at 33.7% iron, plus an inferred resource of 299 million tonnes at 34.1% iron. Altius holds adjacent claims and is conducting metallurgical testing for direct reduction grade iron concentrate.
Altius Minerals (ATUSF) ha riportato l'aggiornamento sulla generazione di progetti per il primo trimestre del 2025, evidenziando una significativa crescita del portafoglio e sviluppi nei progetti. Il valore del portafoglio di azioni junior pubbliche dell'azienda è aumentato a 71,4 milioni di dollari rispetto ai 60,4 milioni di dollari del trimestre precedente, con ulteriori proventi netti in contante di 527.000 dollari derivanti dalle vendite del portafoglio.
Un contributore importante alla performance del portafoglio è stata la partecipazione del 19,6% in Orogen Royalties, che ha riportato risultati solidi per il 2024 con un fatturato di 7,9 milioni di dollari derivante dalla royalty Ermitaño. È degno di nota che AngloGold Ashanti ha annunciato una Risorsa Inferenziale aggiornata di 12,1 milioni di once d'oro nel deposito di Merlin, che rappresenta un aumento del 34%.
L'azienda è avanzata alla fase di proposta dettagliata nel progetto di minerale di ferro Julienne Lake in Newfoundland e Labrador. Il deposito ospita una risorsa misurata e indicata di 867 milioni di tonnellate con il 33,7% di ferro, oltre a una risorsa inferita di 299 milioni di tonnellate con il 34,1% di ferro. Altius detiene diritti adiacenti e sta conducendo test metallurgici per il concentrato di ferro di grado per riduzione diretta.
Altius Minerals (ATUSF) ha informado su la actualización de generación de proyectos del primer trimestre de 2025, destacando un crecimiento significativo de su cartera y desarrollos en los proyectos. El valor de la cartera de acciones junior públicas de la compañía aumentó a 71,4 millones de dólares desde 60,4 millones de dólares en el trimestre anterior, con ingresos netos adicionales en efectivo de 527.000 dólares por ventas de cartera.
Un contribuyente importante al rendimiento de la cartera fue la participación del 19,6% en Orogen Royalties, que reportó resultados sólidos para 2024 con ingresos de 7,9 millones de dólares de la regalía de Ermitaño. Cabe destacar que AngloGold Ashanti anunció un recurso inferido actualizado de 12,1 millones de onzas de oro en el depósito de Merlin, lo que representa un aumento del 34%.
La compañía ha avanzado a la fase de propuesta detallada en el proyecto de mineral de hierro Julienne Lake en Newfoundland y Labrador. El depósito alberga un recurso medido e indicado de 867 millones de toneladas con un 33,7% de hierro, además de un recurso inferido de 299 millones de toneladas con un 34,1% de hierro. Altius posee reclamos adyacentes y está realizando pruebas metalúrgicas para concentrado de hierro de grado para reducción directa.
Altius Minerals (ATUSF)는 2025년 1분기 프로젝트 생성 업데이트를 보고하며 포트폴리오의 상당한 성장과 프로젝트 개발을 강조했습니다. 회사의 공공 주니어 주식 포트폴리오 가치는 이전 분기의 6,040만 달러에서 7,140만 달러로 증가했으며, 포트폴리오 판매로부터 추가 순 현금 수익은 527,000 달러에 달했습니다.
포트폴리오 성과의 주요 기여자는 회사의 19.6% 지분을 보유한 Orogen Royalties로, 2024년 결과로 790만 달러의 수익을 보고했습니다. 특히, AngloGold Ashanti는 Merlin 광산에서 1,210,000 온스의 금에 대한 업데이트된 추정 자원을 발표했으며, 이는 34% 증가한 수치입니다.
회사는 Newfoundland과 Labrador의 Julienne Lake 철광석 프로젝트에서 세부 제안 단계로 진입했습니다. 이 광산은 33.7% 철분을 포함한 8억 6700만 톤의 측정 및 지시 자원을 보유하고 있으며, 34.1% 철분을 포함한 2억 9900만 톤의 추정 자원도 포함되어 있습니다. Altius는 인접한 청구권을 보유하고 있으며 직접 환원 등급 철 농축물에 대한 금속 시험을 수행하고 있습니다.
Altius Minerals (ATUSF) a publié sa mise à jour sur la génération de projets pour le premier trimestre 2025, mettant en avant une croissance significative du portefeuille et des développements de projets. La valeur du portefeuille d'actions junior publiques de l'entreprise a augmenté à 71,4 millions de dollars contre 60,4 millions de dollars au trimestre précédent, avec des produits nets supplémentaires de 527 000 dollars provenant des ventes de portefeuille.
Un contributeur majeur à la performance du portefeuille a été la participation de 19,6% dans Orogen Royalties, qui a rapporté des résultats solides pour 2024 avec des revenus de 7,9 millions de dollars provenant de la redevance d'Ermitaño. Notamment, AngloGold Ashanti a annoncé une ressource inférée mise à jour de 12,1 millions d'onces d'or au dépôt de Merlin, représentant une augmentation de 34%.
L'entreprise a progressé vers la phase de proposition détaillée dans le projet de minerai de fer Julienne Lake à Terre-Neuve et Labrador. Le dépôt abrite une ressource mesurée et indiquée de 867 millions de tonnes avec 33,7% de fer, ainsi qu'une ressource inférée de 299 millions de tonnes avec 34,1% de fer. Altius détient des revendications adjacentes et effectue des tests métallurgiques pour le concentré de fer de qualité pour réduction directe.
Altius Minerals (ATUSF) hat sein Update zur Projektgeneration für das erste Quartal 2025 veröffentlicht und dabei ein signifikantes Wachstum des Portfolios sowie Entwicklungen in den Projekten hervorgehoben. Der Wert des öffentlichen Junior-Aktienportfolios des Unternehmens stieg auf 71,4 Millionen Dollar von 60,4 Millionen Dollar im vorherigen Quartal, mit zusätzlichen Netto-Cash-Erlösen von 527.000 Dollar aus Portfolioverkäufen.
Ein wesentlicher Beitrag zur Performance des Portfolios war der 19,6% Anteil an Orogen Royalties, das für 2024 starke Ergebnisse mit einem Umsatz von 7,9 Millionen Dollar aus der Ermitaño-Royalty berichtete. Bemerkenswert ist, dass AngloGold Ashanti eine aktualisierte geschätzte Ressource von 12,1 Millionen Unzen Gold im Merlin-Vorkommen angekündigt hat, was einem Anstieg von 34% entspricht.
Das Unternehmen hat die detaillierte Angebotsphase im Julienne Lake Eisenerzprojekt in Neufundland und Labrador erreicht. Das Vorkommen verfügt über eine gemessene und angezeigte Ressource von 867 Millionen Tonnen mit 33,7% Eisen sowie eine geschätzte Ressource von 299 Millionen Tonnen mit 34,1% Eisen. Altius hält angrenzende Ansprüche und führt metallurgische Tests für direkt reduziertes Eisenkonzentrat durch.
- Portfolio value increased by 18.2% to $71.4M in Q1 2025
- Generated additional $527,000 in cash from portfolio sales
- Holds royalties on Merlin deposit with 34% increase in gold resource to 12.1M oz
- 19.6% stake in Orogen Royalties showing strong performance with $7.9M revenue
- Advanced to detailed proposal phase for large Julienne Lake iron ore project
- None.
Highlights Progress of its Julienne Lake Iron Ore Project
ST. JOHN’S,
The market value of equities in the portfolio at March 31, 2025 was
Overall performance of the portfolio was largely driven by its holding of 39,557,961 common shares or an approximate
However, the most noteworthy development reported by Orogen was AngloGold Ashanti NA’s February 19, 2025 announcement of its updated Inferred Resource of 12.1 million ounces (M oz) gold at the Merlin deposit. The updated resource at Merlin represents a
An updated list of the public equity holdings in the portfolio has been posted to the Altius website at https://altiusminerals.com/project-generation/junior-equities-portfolio/.
Julienne Lake Iron Ore Project
Altius has formally advanced to the detailed proposal phase in the Julienne Lake Exempt Mineral Land (“EML”) process being undertaken by the Province of
Altius holds a
Altius is also currently evaluating potential PG exploration alliances and/or investment opportunities that support royalty creation in multiple current and new jurisdictions.
Qualified Person
Lawrence Winter, Ph.D., P.Geo., Vice President, Generative and Technical for Altius, a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects, is responsible for the scientific and technical data presented herein and has reviewed, prepared and approved this release.
About Altius
Altius’s strategy is to create per share growth through a diversified portfolio of royalty assets that relate to long life, high margin operations. This strategy further provides shareholders with exposures that are well aligned with sustainability-related global growth trends including the electricity generation transition from fossil fuel to renewables, transportation electrification, reduced emissions from steelmaking and increasing agricultural yield requirements. These macro-trends each hold the potential to cause increased demand for many of Altius’s commodity exposures including copper, renewable based electricity, several key battery metals (lithium, nickel and cobalt), clean iron ore, and potash. In addition, Altius runs a successful Project Generation business that originates mineral projects for sale to developers in exchange for equity positions and royalties. Altius has 46,301,246 common shares issued and outstanding that are listed on Canada’s Toronto Stock Exchange. It is a member of both the S&P/TSX Small Cap and S&P/TSX Global Mining Indices.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250409844340/en/
For further information, please contact:
Chad Wells
Email: Cwells@altiusminerals.com
Tel: 1.877.576.2209
Flora Wood
Email: Fwood@altiusminerals.com
Tel: 1.877.576.2209
Direct: 1.416.346.9020
Source: Altius Minerals Corporation
FAQ
What is the current market value of Altius (ATUSF) project generation portfolio in Q1 2025?
How much gold resource was reported at the Merlin deposit where ATUSF holds royalties?
What are the resource estimates for the Julienne Lake iron ore project?
What is ATUSF's ownership stake in Orogen Royalties as of Q1 2025?
