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EAGLE ROYALTIES LTD - ERYTF STOCK NEWS

Welcome to our dedicated page for EAGLE ROYALTIES news (Ticker: ERYTF), a resource for investors and traders seeking the latest updates and insights on EAGLE ROYALTIES stock.

Eagle Royalties Ltd. (Symbol: ERYTF) is a royalty company with over 50 royalty interests in western Canada covering critical metals, precious metals, uranium, industrial minerals, and diamonds. Initially a subsidiary of Eagle Plains Resources Ltd., ER was spun out in 2023 to manage diverse royalty holdings. The company listed on the Canadian Securities Exchange in 2023 and currently benefits from partnerships with major industry players like Cameco Corp., Iso Energy Corp., Denison Mines Corp., Skeena Resources Ltd., and Banyan Gold Corp.

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Eagle Royalties (CSE:ER) announced that Eagle Plains Resources (TSX-V:EPL) has sold the Slocan Graphite Project in southern British Columbia to Weaver Energy Corp., a private Ontario-based company. Eagle Royalties maintains a 2% net production royalty on the property, with Eagle Plains retaining the option to purchase 1% of the royalty for CDN$1,000,000. Weaver Energy will assume all royalty obligations related to the Project.

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Eagle Royalties (CSE: ER) reports that Eagle Plains Resources (TSX-V: EPL) has completed 2024 fieldwork at the Adamant property in British Columbia. The 10,080ha property, located 80 km NE of Revelstoke, hosts Rare Earth Element (REE) mineralization in various geological formations. Eagle Royalties holds a 2% NSR on the claims, with Eagle Plains retaining a buyback option.

The 2024 fieldwork, conducted by TerraLogic Exploration , focused on extending known mineralized zones and evaluating additional targets. The program generated 23 rock samples and 2 stream-silt samples, along with scintillometer survey traverses. Key areas of interest included the Kin Far West Zone and the Amy-Carmen Trend, where previous sampling yielded significant REE concentrations. Analytical results from the 2024 fieldwork are pending.

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Eagle Royalties (CSE:ER) reports that operator Eagle Plains Resources (TSXV:EPL) has completed an airborne geophysical survey at the Pine Channel Gold Project in Saskatchewan. The survey, conducted by Precision GeoSurveys and managed by Terralogic Exploration, covered 267 line kilometers at 75m spacing.

Highlights of the Pine Channel project include:

  • Ten new trends identified, offering new target extensions
  • Excellent access via existing winter road
  • Recently received exploration permit for advanced activities
  • Historical drilling intercepts of up to 407.96 g/t Au over 0.5m

The property hosts numerous gold occurrences with grab samples up to 870 g/t Au. The mineralization is related to northwest/southeast trending shear zones. Eagle Royalties holds a 2% NSR on the majority of claims, which can be reduced to 1% for CDN $1,000,000.

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Eagle Royalties announced that Eagle Plains Resources has begun mobilization for the Mount Polley West (MPW) Project in central British Columbia. The MPW Project spans 5,246 hectares and is 100% owned by Eagle Plains. Eagle Royalties holds a 2% net smelter royalty (NSR) on certain claims within the MPW Project, with an option for Eagle Plains to buy back 1% of the NSR for $1 million. The mobilization marks a significant step in the development of the MPW Project, potentially increasing the value of Eagle Royalties' holdings and impacting future revenues.

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Eagle Royalties Ltd. has announced that Fathom Nickel Inc. has commenced diamond drilling on their Albert Lake property. Fathom intends to complete ~2,000m of drilling in 6-7 holes, with the majority of the target area located on mineral dispositions subject to a 2% net smelter royalty held by Eagle Royalties. The Royalty may be reduced to 1% upon payment to Eagle Royalties of CDN $1,000,000. The current drill program will focus on the Tremblay-Olson Claims area, approximately two km southwest of the historic Rottenstone Mine. The Tremblay-Olson Showing is defined by a lens-shaped ultramafic body exposed on the surface through trenching, with recorded trench values ranging from 0.16% Ni - 3.11% Ni; 0.06% Cu - 0.91% Cu; and 0.30 g/t - 1.01 g/t Pd+Pt. The drilling program aims to follow up on previous drilling completed in 1987 and a soil geochemistry program completed in Q4-2022, which identified a robust multi-element-in-soil anomaly measuring approximately four-square kilometers.
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FAQ

What is the current stock price of EAGLE ROYALTIES (ERYTF)?

The current stock price of EAGLE ROYALTIES (ERYTF) is $0.0814 as of January 13, 2025.

What is the market cap of EAGLE ROYALTIES (ERYTF)?

The market cap of EAGLE ROYALTIES (ERYTF) is approximately 4.3M.

What is the core business of Eagle Royalties Ltd.?

Eagle Royalties Ltd. is a royalty company with interests in critical metals, precious metals, uranium, industrial minerals, and diamonds in western Canada.

When was Eagle Royalties Ltd. spun out of Eagle Plains Resources Ltd.?

ER was spun out of Eagle Plains Resources in 2023 to manage diverse royalty holdings.

Which major industry players does Eagle Royalties Ltd. partner with?

Eagle Royalties Ltd. partners with companies like Cameco Corp., Iso Energy Corp., Denison Mines Corp., Skeena Resources Ltd., and Banyan Gold Corp.

Where is Eagle Royalties Ltd. listed for trading?

Eagle Royalties Ltd. is listed for trading on the Canadian Securities Exchange (CSE).

How many royalty interests does Eagle Royalties Ltd. have in western Canada?

Eagle Royalties Ltd. has over 50 royalty interests in western Canada covering various commodities.

What was the initial relationship between Eagle Royalties Ltd. and Eagle Plains Resources Ltd.?

Eagle Royalties Ltd. was initially a wholly-owned subsidiary of Eagle Plains Resources Ltd.

What types of commodities are covered by Eagle Royalties Ltd.'s royalty interests?

Eagle Royalties Ltd.'s royalty interests cover critical metals, precious metals, uranium, industrial minerals, and diamonds.

What is the contact information for Eagle Royalties Ltd.?

For further information on ER, please contact Mike Labach at 1 866 HUNT ORE (486 8673) or email info@eagleroyalties.com.

How can one stay updated on Eagle Royalties Ltd. news?

Stay updated on Eagle Royalties Ltd. news by visiting their website at https://www.eagleroyalties.com/.

What cautionary note is provided by Eagle Royalties Ltd. regarding forward-looking statements?

Eagle Royalties Ltd. cautions that forward-looking statements in their news releases may involve risks and uncertainties that could lead to differences in anticipated results.
EAGLE ROYALTIES LTD

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4.28M
52.95M
5.52%
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