Electric Royalties (TSE:ELEC) has released an update.
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Electric Royalties Ltd. reports a substantial increase in the copper resources at the Zonia Project in Arizona, managed by World Copper Ltd. This expansion is due to higher copper prices and improved resource modeling, enhancing the project’s investment appeal and potentially extending the mine’s lifespan. The company is optimistic about Zonia’s development into a large-scale mining operation, with a technical report forthcoming.
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