Elemental Royalty Notes 32% Increase in Reserves at Karlawinda with Expansion Commissioning on Track for Q3 2026
Elemental Royalty announced that operator Capricorn Metals reported a 32% increase in Probable Mineral Reserves at the Karlawinda Gold Project, a cornerstone asset where Elemental holds a 2% NSR royalty. The reserve upgrade to 1.57 million ounces supports an approximately 10-year mine life, with plant expansion commissioning expected in Q3 2026 to lift annual production to roughly 150,000 ounces.
Key figures
- Mine life years
- 10
- Probable reserve oz
- 1570000
- Reserve increase pct
- 32%
- Indicated resource oz
- 2380000
- Expansion commissioning
- Q3 2026
- Karlawinda 2025 revenue usd
- 8900000
- Post expansion production oz
- 150000
AI analysis
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