# Following Financing at Its Top Lithium and Manganese Assets, Electric Royalties Provides Progress Updates on Five Other Key Royalties Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/following-financing-at-its-top-lithium-and-manganese-assets-electric-royalties-p--b3c6f227-16bb-4687-a6cf-8d0d686aaab5 Original source: https://money.tmx.com/en/quote/ELEC/news/8656526565854502/following-financing-at-its-top-lithium-and-manganese-assets-electric-royalties-p Publisher: tmx Original announcement: 2025-01-23T12:45:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Electric Royalties Ltd. - Ticker: ELEC - Exchange: TSX - Region: Unavailable - Primary commodity: Copper - Secondary commodities: Silver, Nickel, Cobalt, Graphite, Vanadium, Iron ore - Document categories: Drill results, Other - Extracted: 2026-08-21 08:51:20 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Electric Royalties provided a portfolio update highlighting progress at several key royalty assets. Notable developments include drill results from the Punitaqui copper-gold mine, metallurgical advancement at Mont Sorcier, and new exploration targets at the Råna Nickel Project. Reasoning: The document is a corporate update summarizing progress across multiple royalty assets, including specific drill results from a royalty holder \(BMR\) at the Punitaqui mine. - Positive factor: confirmed copper grades - Positive factor: new exploration targets identified - Positive factor: multiple assets advancing - Negative factor: royalty company relies on third-party data Facts used in scoring: 18 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release mentions that Battery Mineral Resources Corp's news release includes full results, QA/QC practices and Competent Persons. Evidence · text > See Battery Mineral Resources Corp.'s news release dated January 15, 2025 for full results, QA/QC practices and Competent Persons. **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: The drilling program at Punitaqui is described as an underground exploration and in-fill drill program. Evidence · text > announced assay results from its 2024 underground exploration and in-fill drill program ## Extracted facts Stored fact records: 18. Some facts used in scoring do not have a stored record. ## Drill Results (18) ### SAM-24-06 [Link to this fact](https://atlas-staging.minestarters.com/news/following-financing-at-its-top-lithium-and-manganese-assets-electric-royalties-p--b3c6f227-16bb-4687-a6cf-8d0d686aaab5#fact-drill-facts-0) Punitaqui copper mine · copper #### Identity - Hole ID: SAM-24-06 - Project: Punitaqui copper mine - Commodity: copper - Ticker: ELEC #### Geometry - Grade: 0.92 - Grade Unit: % - Intercept: 2.9 m #### Classification - Sample Type: drill - Group ID: SAM-24-06:0-2.9 - Mining Method: underground #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-01-23T00:00:00.000Z Reasoning: 0.92% Cu is a solid intercept for an underground exploration program. - Positive factor: confirmed grades Evidence · text > SAM-24-06: 2.9 meters \(m\) at 0.92% total copper \(CuT\) ### SAM-24-06 [Link to this fact](https://atlas-staging.minestarters.com/news/following-financing-at-its-top-lithium-and-manganese-assets-electric-royalties-p--b3c6f227-16bb-4687-a6cf-8d0d686aaab5#fact-drill-facts-1) Punitaqui copper mine · silver #### Identity - Hole ID: SAM-24-06 - Project: Punitaqui copper mine - Commodity: silver - Ticker: ELEC #### Geometry - Grade: 27.3 - Grade Unit: g/t - Intercept: 2.9 m #### Classification - Sample Type: drill - Group ID: SAM-24-06:0-2.9 - Mining Method: underground #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-01-23T00:00:00.000Z Reasoning: Silver is a byproduct in this copper intercept. Evidence · text > 27.3g/t \(grams per tonne\) silver \(Ag\) ### SAM-24-06 [Link to this fact](https://atlas-staging.minestarters.com/news/following-financing-at-its-top-lithium-and-manganese-assets-electric-royalties-p--b3c6f227-16bb-4687-a6cf-8d0d686aaab5#fact-drill-facts-2) Punitaqui copper mine · copper #### Identity - Hole ID: SAM-24-06 - Project: Punitaqui copper mine - Commodity: copper - Ticker: ELEC #### Geometry - Grade: 2.76 - Grade Unit: % - Intercept: 1.8 m #### Classification - Sample Type: drill - Group ID: SAM-24-06:0-2.9 - Mining Method: underground #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-01-23T00:00:00.000Z Reasoning: High grade 2.76% Cu intercept within the hole. - Positive factor: high grade sub-interval Evidence · text > 1.8m at 2.76% CuT ### SAM-24-06 [Link to this fact](https://atlas-staging.minestarters.com/news/following-financing-at-its-top-lithium-and-manganese-assets-electric-royalties-p--b3c6f227-16bb-4687-a6cf-8d0d686aaab5#fact-drill-facts-3) Punitaqui copper mine · silver #### Identity - Hole ID: SAM-24-06 - Project: Punitaqui copper mine - Commodity: silver - Ticker: ELEC #### Geometry - Grade: 21 - Grade Unit: g/t - Intercept: 1.8 m #### Classification - Sample Type: drill - Group ID: SAM-24-06:0-2.9 - Mining Method: underground #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-01-23T00:00:00.000Z Reasoning: Silver byproduct in high grade copper sub-interval. Evidence · text > 21.0g/t Ag ### SAM-24-07 [Link to this fact](https://atlas-staging.minestarters.com/news/following-financing-at-its-top-lithium-and-manganese-assets-electric-royalties-p--b3c6f227-16bb-4687-a6cf-8d0d686aaab5#fact-drill-facts-4) Punitaqui copper mine · copper #### Identity - Hole ID: SAM-24-07 - Project: Punitaqui copper mine - Commodity: copper - Ticker: ELEC #### Geometry - Grade: 0.9 - Grade Unit: % - Intercept: 15.6 m #### Classification - Sample Type: drill - Group ID: SAM-24-07:0-15.6 - Mining Method: underground #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-01-23T00:00:00.000Z Reasoning: Solid 15.6m intercept at 0.9% Cu. - Positive factor: good width Evidence · text > SAM-24-07: 15.6m grading 0.9% CuT ### SAM-24-07 [Link to this fact](https://atlas-staging.minestarters.com/news/following-financing-at-its-top-lithium-and-manganese-assets-electric-royalties-p--b3c6f227-16bb-4687-a6cf-8d0d686aaab5#fact-drill-facts-5) Punitaqui copper mine · silver #### Identity - Hole ID: SAM-24-07 - Project: Punitaqui copper mine - Commodity: silver - Ticker: ELEC #### Geometry - Grade: 15 - Grade Unit: g/t - Intercept: 15.6 m #### Classification - Sample Type: drill - Group ID: SAM-24-07:0-15.6 - Mining Method: underground #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-01-23T00:00:00.000Z Reasoning: Silver byproduct. Evidence · text > 15.0g/t Ag ### SAM-24-08 [Link to this fact](https://atlas-staging.minestarters.com/news/following-financing-at-its-top-lithium-and-manganese-assets-electric-royalties-p--b3c6f227-16bb-4687-a6cf-8d0d686aaab5#fact-drill-facts-6) Punitaqui copper mine · copper #### Identity - Hole ID: SAM-24-08 - Project: Punitaqui copper mine - Commodity: copper - Ticker: ELEC #### Geometry - Grade: 0.9 - Grade Unit: % - Intercept: 5.1 m #### Classification - Sample Type: drill - Group ID: SAM-24-08:0-5.1 - Mining Method: underground #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-01-23T00:00:00.000Z Reasoning: Moderate intercept. Evidence · text > SAM-24-08: 5.1m at 0.9% CuT ### SAM-24-08 [Link to this fact](https://atlas-staging.minestarters.com/news/following-financing-at-its-top-lithium-and-manganese-assets-electric-royalties-p--b3c6f227-16bb-4687-a6cf-8d0d686aaab5#fact-drill-facts-7) Punitaqui copper mine · silver #### Identity - Hole ID: SAM-24-08 - Project: Punitaqui copper mine - Commodity: silver - Ticker: ELEC #### Geometry - Grade: 3.4 - Grade Unit: g/t - Intercept: 5.1 m #### Classification - Sample Type: drill - Group ID: SAM-24-08:0-5.1 - Mining Method: underground #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-01-23T00:00:00.000Z Reasoning: Low silver grade. Evidence · text > 3.4g/t Ag ### SAM-24-09 [Link to this fact](https://atlas-staging.minestarters.com/news/following-financing-at-its-top-lithium-and-manganese-assets-electric-royalties-p--b3c6f227-16bb-4687-a6cf-8d0d686aaab5#fact-drill-facts-8) Punitaqui copper mine · copper #### Identity - Hole ID: SAM-24-09 - Project: Punitaqui copper mine - Commodity: copper - Ticker: ELEC #### Geometry - Grade: 1.1 - Grade Unit: % - Intercept: 9.8 m #### Classification - Sample Type: drill - Group ID: SAM-24-09:0-9.8 - Mining Method: underground #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-01-23T00:00:00.000Z Reasoning: Good grade and width. Evidence · text > SAM-24-09: 9.8m at 1.1% CuT ### SAM-24-09 [Link to this fact](https://atlas-staging.minestarters.com/news/following-financing-at-its-top-lithium-and-manganese-assets-electric-royalties-p--b3c6f227-16bb-4687-a6cf-8d0d686aaab5#fact-drill-facts-9) Punitaqui copper mine · silver #### Identity - Hole ID: SAM-24-09 - Project: Punitaqui copper mine - Commodity: silver - Ticker: ELEC #### Geometry - Grade: 13.2 - Grade Unit: g/t - Intercept: 9.8 m #### Classification - Sample Type: drill - Group ID: SAM-24-09:0-9.8 - Mining Method: underground #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-01-23T00:00:00.000Z Reasoning: Silver byproduct. Evidence · text > 13.2g/t Ag ### SAM-24-10 [Link to this fact](https://atlas-staging.minestarters.com/news/following-financing-at-its-top-lithium-and-manganese-assets-electric-royalties-p--b3c6f227-16bb-4687-a6cf-8d0d686aaab5#fact-drill-facts-10) Punitaqui copper mine · copper #### Identity - Hole ID: SAM-24-10 - Project: Punitaqui copper mine - Commodity: copper - Ticker: ELEC #### Geometry - Grade: 2.3 - Grade Unit: % - Intercept: 19.8 m #### Classification - Sample Type: drill - Group ID: SAM-24-10:0-19.8 - Mining Method: underground #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-01-23T00:00:00.000Z Reasoning: Strong 19.8m intercept at 2.3% Cu. - Positive factor: high grade - Positive factor: significant width Evidence · text > SAM-24-10: 19.8m at 2.3% CuT ### SAM-24-10 [Link to this fact](https://atlas-staging.minestarters.com/news/following-financing-at-its-top-lithium-and-manganese-assets-electric-royalties-p--b3c6f227-16bb-4687-a6cf-8d0d686aaab5#fact-drill-facts-11) Punitaqui copper mine · silver #### Identity - Hole ID: SAM-24-10 - Project: Punitaqui copper mine - Commodity: silver - Ticker: ELEC #### Geometry - Grade: 26.4 - Grade Unit: g/t - Intercept: 19.8 m #### Classification - Sample Type: drill - Group ID: SAM-24-10:0-19.8 - Mining Method: underground #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-01-23T00:00:00.000Z Reasoning: Silver byproduct. Evidence · text > 26.4g/t Ag ### SAM-24-11 [Link to this fact](https://atlas-staging.minestarters.com/news/following-financing-at-its-top-lithium-and-manganese-assets-electric-royalties-p--b3c6f227-16bb-4687-a6cf-8d0d686aaab5#fact-drill-facts-12) Punitaqui copper mine · copper #### Identity - Hole ID: SAM-24-11 - Project: Punitaqui copper mine - Commodity: copper - Ticker: ELEC #### Geometry - Grade: 1.2 - Grade Unit: % - Intercept: 21.9 m #### Classification - Sample Type: drill - Group ID: SAM-24-11:0-21.9 - Mining Method: underground #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-01-23T00:00:00.000Z Reasoning: Wide 21.9m intercept at 1.2% Cu. - Positive factor: significant width Evidence · text > SAM-24-11: 21.9m at 1.2% CuT ### SAM-24-11 [Link to this fact](https://atlas-staging.minestarters.com/news/following-financing-at-its-top-lithium-and-manganese-assets-electric-royalties-p--b3c6f227-16bb-4687-a6cf-8d0d686aaab5#fact-drill-facts-13) Punitaqui copper mine · silver #### Identity - Hole ID: SAM-24-11 - Project: Punitaqui copper mine - Commodity: silver - Ticker: ELEC #### Geometry - Grade: 15.4 - Grade Unit: g/t - Intercept: 21.9 m #### Classification - Sample Type: drill - Group ID: SAM-24-11:0-21.9 - Mining Method: underground #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-01-23T00:00:00.000Z Reasoning: Silver byproduct. Evidence · text > 15.4g/t Ag ### SAM-24-12 [Link to this fact](https://atlas-staging.minestarters.com/news/following-financing-at-its-top-lithium-and-manganese-assets-electric-royalties-p--b3c6f227-16bb-4687-a6cf-8d0d686aaab5#fact-drill-facts-14) Punitaqui copper mine · copper #### Identity - Hole ID: SAM-24-12 - Project: Punitaqui copper mine - Commodity: copper - Ticker: ELEC #### Geometry - Grade: 1.1 - Grade Unit: % - Intercept: 12 m #### Classification - Sample Type: drill - Group ID: SAM-24-12:0-12.0 - Mining Method: underground #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-01-23T00:00:00.000Z Reasoning: Moderate intercept. Evidence · text > SAM-24-12: 12.0m at 1.1% CuT ### SAM-24-12 [Link to this fact](https://atlas-staging.minestarters.com/news/following-financing-at-its-top-lithium-and-manganese-assets-electric-royalties-p--b3c6f227-16bb-4687-a6cf-8d0d686aaab5#fact-drill-facts-15) Punitaqui copper mine · silver #### Identity - Hole ID: SAM-24-12 - Project: Punitaqui copper mine - Commodity: silver - Ticker: ELEC #### Geometry - Grade: 20.7 - Grade Unit: g/t - Intercept: 12 m #### Classification - Sample Type: drill - Group ID: SAM-24-12:0-12.0 - Mining Method: underground #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-01-23T00:00:00.000Z Reasoning: Silver byproduct. Evidence · text > 20.7g/t Ag ### SAM-24-12 [Link to this fact](https://atlas-staging.minestarters.com/news/following-financing-at-its-top-lithium-and-manganese-assets-electric-royalties-p--b3c6f227-16bb-4687-a6cf-8d0d686aaab5#fact-drill-facts-16) Punitaqui copper mine · copper #### Identity - Hole ID: SAM-24-12 - Project: Punitaqui copper mine - Commodity: copper - Ticker: ELEC #### Geometry - Grade: 1.2 - Grade Unit: % - Intercept: 10.2 m #### Classification - Sample Type: drill - Group ID: SAM-24-12:0-10.2 - Mining Method: underground #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-01-23T00:00:00.000Z Reasoning: Higher grade sub-interval. Evidence · text > 10.2m at 1.2% CuT ### SAM-24-12 [Link to this fact](https://atlas-staging.minestarters.com/news/following-financing-at-its-top-lithium-and-manganese-assets-electric-royalties-p--b3c6f227-16bb-4687-a6cf-8d0d686aaab5#fact-drill-facts-17) Punitaqui copper mine · silver #### Identity - Hole ID: SAM-24-12 - Project: Punitaqui copper mine - Commodity: silver - Ticker: ELEC #### Geometry - Grade: 12.7 - Grade Unit: g/t - Intercept: 10.2 m #### Classification - Sample Type: drill - Group ID: SAM-24-12:0-10.2 - Mining Method: underground #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-01-23T00:00:00.000Z Reasoning: Silver byproduct. Evidence · text > 12.7g/t Ag ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.