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Elemental Altus Announces Karlawinda Production Expansion

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Elemental Altus Announces Karlawinda Production Expansion

Elemental Royalties (TSE:ELE) has released an update.

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Elemental Altus Royalties Corp. announces significant production expansion at the Karlawinda Gold Project, targeting an annual output of 150,000 ounces of gold. This expansion, resulting from a $120 million investment, is expected to enhance Elemental Altus’s revenue through its 2% Net Smelter Return royalty.

For further insights into TSE:ELE stock, check out TipRanks’ Stock Analysis page.

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