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Altius Minerals Corporation Q1 2024 Project Generation and Junior Equities Update

Altius Minerals Corporation (ALS:TSX) (ATUSF: OTCQX) has announced its Project Generation business activities and updates on its public junior equities portfolio for the first quarter of 2024.

Portfolio Performance Highlights

The market value of the portfolio as of March 31, 2024, was $45.4 million, demonstrating steady growth from $45.1 million at the end of 2023. The quarter saw the realization of $7.2 million in net cash from various sales.

Project Updates and Developments

Altius anticipates a strong year with significant exploration and drilling activities. Orogen Royalties Inc. reported sustained performance at its Ermitaño royalty, and significant progress in Nevada’s Expanded Silicon gold project. Likewise, Adventus Mining Corp announced the acquisition of key permits for its El Domo-Curipamba project in Ecuador, marking a step forward in development. Abrasilver Resource Corp revealed promising results from its Diablillos project feasibility study, along with an exploration drilling program in Argentina. Lastly, despite challenges, Wolfden continues to advance its Pickett Mountain project.

About Altius

Altius’s diversified portfolio of royalty assets focuses on long life, high margin operations in key sectors such as renewable energy, electrification of transport, and agriculture. The company also operates a successful Project Generation business, creating value through equity positions and royalties.

For more details, contact Chad Wells or Flora Wood via email or phone.

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