Elemental Royalty Completes Acquisition of Laverton Royalty
Elemental Royalty Completes Acquisition of
Laverton Royalty
Vancouver, British Columbia--(Newsfile Corp. - November 26, 2025) - Elemental Royalty
Corporation (TSXV: ELE) (NASDAQ: ELE) ("
Elemental
" or "the
Company
") is pleased to announce
that it has completed the previously announced acquisition of an existing uncapped 2% Gross Revenue
Royalty ("
GRR
") over Genesis Minerals' ("
Genesis
") (ASX: GMD) Focus Laverton Project in Western
Australia ("
Focus
Laverton Royalty
"), and an existing 2% GRR on Brightstar Resources'
("
Brightstar
") (ASX: BTR) producing Jasper Hills Project, with the consideration of A$80 million
(c.US$52 million) now paid in full.
Highlights:
Elemental has now completed the acquisition of the uncapped 2% GRR over Genesis' recently
acquired multi-million-ounce Focus Laverton Project to create a fourth cornerstone asset alongside
Timok, Karlawinda, and Caserones
The 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
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
The combination of Elemental Royalty's existing Laverton royalty and the Focus Laverton Royalty
create a cornerstone 2-4% GRR for the Company in a Tier 1 jurisdiction with a proven mid-tier
operator in Genesis Minerals
As part of the same transaction, the Company acquired an uncapped 2% GRR on Brightstar's
producing Jasper Hills Project in the same Laverton district
David M. Cole, Chief Executive Officer of Elemental Royalty Corporation commented
:
"We are
delighted to have now completed the acquisition of the Laverton Royalty, an exceptional quality asset
in a top-tier jurisdiction with a clear pathway to imminent production with a world-class operator. This
acquisition cements an additional cornerstone royalty in our portfolio of outstanding, high-quality,
producing and advanced development assets. The transaction also includes a royalty on the
producing Jasper Hills Project which will immediately contribute to our Q4 and Full Year 2025
revenue."
The Laverton Royalty
The Laverton Project covers several Archaean greenstone belts north-northeast of Kalgoorlie which host
a range of orogenic lode gold deposits, typical of the Western Australian Yilgarn Eastern Goldfields.
The
Laverton district is one of the best endowed gold regions in Australia, hosting a number of major
deposits, such as Gold Fields' Granny Smith and AngloGold Ashanti's Sunrise Dam.
Elemental Royalty now holds a total 4% GRR over 67km
2
of the project, and a further 2% GRR over an
additional 240km
2
, encompassing the following deposits:
Beasley Creek
and
Beasley Creek South
The Chatterbox Trend
, including Apollo, Eclipse, Innuendo, Rumor
The Gladiator Trend,
including Gladiator and Murrays
The Lancefield-Wedge
Trend
, including Telegraph, Wedge-Lancefield North
The historic
underground Lancefield Gold Mine
The Karridale-Burtville Project
The Euro Trend
, comprising both North and South deposits
The Cragiemore-Mary Mac Trend,
including the Golden Pinnacles, Mary Mac and Craigiemore
The West Laverton-Bulldog Trend
The Barnicoat Project
, including Barnicoat, Admiral Hill, Bells, Castaway, Grouse and Sickle
The wider Laverton project has the following JORC 2012 compliant Mineral Resource and Ore Reserve
Estimates, over which Elemental has significant coverage:
Indicated Mineral Resource Estimate of
45.0 Mt @ 1.5 g/t Au for 2,100,000 ounces
1
Inferred Mineral Resource Estimate of
23.0 Mt @ 2.1 g/t Au for 1,600,000 ounces
1
Including:
Probable Ore Reserve Estimate of
13.0 Mt @ 1.3 g/t Au for 546,000 ounces
1
The newly acquired royalty area also includes an additional combined 240,000 ounces of historical gold
resources
2
at the Barnicoat Project and South Lancefield, reported to a JORC-2004 Compliant standard
only.
David M. Cole
CEO and Director
For more information, please contact:
David M. Cole
CEO
Tara Vivian-Neal
Investor Relations
www.ElementalRoyalty.com
TSXV: ELE | NASDAQ: ELE | ISIN: CA28619K1093 | CUSIP: 28619K109
About Elemental Royalty Corporation.
Elemental Royalty is a new mid-tier, gold-focused streaming and royalty company with a globally
diversified portfolio of 16 producing assets and more than 200 royalties, anchored by cornerstone
assets and operated by world-class mining partners. Formed through the merger of Elemental Altus and
EMX, the Company combines Elemental Altus's track record of accretive royalty acquisitions with EMX's
strengths in royalty generation and disciplined growth. This complementary strategy delivers both
immediate cash flow and long-term value creation, supported by a best-in-class asset base, diversified
production, and sector-leading management expertise.
Elemental Royalty trades on the TSX Venture Exchange and on NASDAQ under the ticker Symbol
"ELE".
Neither the TSX-V nor its Regulation Service Provider (as that term is defined in the policies of the TSX-
V) accepts responsibility for the adequacy or accuracy of this press release.
Qualified Person
Michael P. Sheehan, CPG, a Qualified Person as defined by National Instrument 43-101 and employee
of the Company, has reviewed, verified and approved the disclosure of the technical information
contained in this news release.
1
Genesis Mineral Ltd., news release dated 26 May, 2025 – Mineral resource and reserve estimates were compiled by Mr. Alex Aaltonen, a
Competent Person who is a Member of the Australasian Institute of Mining and Metallurgy (AusIMM). Mr. Aaltonen is an employee of Focus Minerals
Limited.
2.
A Qualified Person has not completed sufficient work to classify these historical estimates as current Mineral Resources in accordance with the
JORC Code (2012), and it is uncertain whether further evaluation will result in the estimates being reported in accordance with the JORC Code
(2012). The company is not treating these estimates as current, and further work, including data validation, QAQC review, and re-estimation, will be
required to report updated resources.
Cautionary note regarding forward-looking statements
This news release contains certain "forward looking statements" and certain "forward-looking
information" as defined under applicable Canadian securities laws. Forward-looking statements and
information can generally be identified by the use of forward-looking terminology such as "may", "will",
"should", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans" or similar terminology.
Forward-looking statements and information are subject to various known and unknown risks and
uncertainties, many of which are beyond the ability of Elemental Royalty to control or predict, that may
cause Elemental Royalty's actual results, performance or achievements to be materially different from
those expressed or implied thereby, and are developed based on assumptions about such risks,
uncertainties and other factors set out herein, including but not limited to: the impact of general business
and economic conditions, the absence of control over the mining operations from which Elemental
Royalty will receive royalties, risks related to international operations, government relations and
environmental regulation, the inherent risks involved in the exploration and development of mineral
properties; the uncertainties involved in interpreting exploration data; the potential for delays in
exploration or development activities; the geology, grade and continuity of mineral deposits; the
possibility that future exploration, development or mining results will not be consistent with Elemental
Royalty' expectations; accidents, equipment breakdowns, title matters, labour disputes or other
unanticipated difficulties or interruptions in operations; fluctuating metal prices; unanticipated costs and
expenses; uncertainties relating to the availability and costs of financing needed in the future; the
inherent uncertainty of production and cost estimates and the potential for unexpected costs and
expenses, commodity price fluctuations; currency fluctuations; regulatory restrictions, including
environmental regulatory restrictions; liability, competition, loss of key employees and other related risks
and uncertainties. For a discussion of important factors which could cause actual results to differ from
forward-looking statements, refer to the annual information form of Elemental Altus for the year ended
December 31, 2024. Elemental Altus undertakes no obligation to update forward-looking statements
and information except as required by applicable law. Such forward-looking statements and information
represent management's best judgment based on information currently available. No forward-looking
statement or information can be guaranteed, and actual future results may vary materially. Accordingly,
readers are advised not to place undue reliance on forward-looking statements or information.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/276090