Silver Crown Royalties Reports Strong Royalty Income

Silber Barren und Silbermünzen von GOLDINVEST - Silberpreis, Silber News und Silber AKtien

Canadian Silver Crown Royalties (Cboe SCRI / OTCQX SLCRF / Frankfurt QS0) can report positive developments in its production royalties.

As just announced, business partner PPX Mining has fully paid the due royalty for the period up to March 31, 2025, amounting to 40,672.70 USD several weeks before the due date – a strong signal for the company’s financial stability and operational efficiency, according to Silver Crown.

Elk Gold Mining Corp., a subsidiary of Gold Mountain Mining Corp. (GMTN), has already paid 29,811.99 CAD of its royalty for the quarter ending December 31, 2024. A written agreement dated February 5, 2025, grants an extension for the remaining 30,070.25 CAD, which is expected to be settled by March 31, 2025.

Silver Crown also announced that Gold Mountain Mining published its financial and operational results for the fourth quarter (ending January 31, 2025) on March 17, 2025. Key figures:

  • 291 ounces of gold from 10,055 tons of ore with an average grade of 1.23 g/t.
  • The lower production figures result from the planned winter work program, which temporarily restricted operations.
  • Due to reduced overburden movements and lower production, unit costs decreased compared to the previous year.

Historically, the silver-to-gold ratio in the Elk Gold Mine is 2:1, corresponding to a silver production of about 573 ounces. Particularly relevant for investors: The royalty agreement with SCRI guarantees a quarterly minimum royalty payment equivalent to the value of 1,500 ounces of silver – which is currently almost 300% of the current quarterly silver production of the mine.

CEO Comment: Investors Benefit from Stable Income

Peter Bures, CEO of Silver Crown Royalties, emphasizes:The early payment from PPX and the ongoing royalties from GMTN underscore the financial strength of our partners. The resumption of mining after the winter program strengthens our long-term revenues. Particularly noteworthy is our minimum delivery clause, which has proven to be an effective protection against operational risks.

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