#Canada #Vancouver #Côté #Metalla #Gosselin

Latest Developments in Metalla Royalty & Streaming Ltd.

Metalla Royalty & Streaming Ltd. (Metalla)(NYSE American: MTA)(TSXV: MTA) has announced some crucial updates regarding its royalty portfolio. The company is focused on enhancing shareholder value through strategic investments and expansions in its operations.

Significant Transactions and Acquisitions

One standout development is the recent acquisition of the existing gross margin royalty for the Côté-Gosselin project by Franco-Nevada Corporation. This deal, worth an impressive $1.05 billion, signifies a strong vote of confidence in the Côté and Gosselin deposits, which are located in Ontario, Canada. Metalla holds a 1.35% Net Smelter Return (NSR) royalty on these deposits, providing the company with substantial exposure to their successful production and potential future growth.

Metalla’s CEO, Brett Heath, commented on the impact of this acquisition, indicating that it not only represents one of the largest investments in Franco-Nevada's history but also showcases the quality of the deposits and IAMGOLD’s operational capabilities. The acquisition is expected to elevate Metalla's market presence because of the inherent value in its royalty interest.

As Franco-Nevada conducts further analysis, it has signaled that the sizable resource endowment at Côté presents excellent opportunities for expansion, particularly around its milling capacity which is projected to ramp up to a nameplate capacity of 13 Mtpa by year-end, with an eye towards reaching 20 Mtpa in the foreseeable future.

Updates on Endeavor Mine

In addition to the Côté-Gosselin update, Metalla is closely monitoring its 4.0% NSR royalty on the Endeavor Mine owned by Polymetals Resources Ltd. This mine is located in Cobar, Australia, and is witnessing ongoing developments. Recent reports from Polymetals confirm that the redevelopment of the Endeavor Mine is on track, with initial cash flow expected in June 2025. The mining operations have made substantial progress, with over 40,000 tonnes of ore already stockpiled underground in preparation for processing.

Polymetals anticipates a smooth production ramp-up, aiming for a processing rate of 65,000 tonnes of ore per month during the latter half of 2025. Continued drilling at the Carpark prospect is also underway, focusing on high-grade silver ore, which bolsters the project's profitability outlook.

Exciting Discoveries at Joaquin Project

Another noteworthy aspect of Metalla's portfolio is its 2.0% NSR royalty on the Joaquin project operated by Unico Silver in Santa Cruz, Argentina. Unico recently announced that drilling results have confirmed significant extensions to the La Negra mineralization, with highlight intercepts indicating strong potential returns for investors. With exceptional drill results including 23 meters of 268 g/t AgEq and 64 meters at 81 g/t AgEq, the next phase of drilling will aim to support the establishment of a maiden JORC Mineral Resource.

Strategic Vision Ahead

Metalla’s overarching goal remains the same: to provide shareholders with leveraged exposure to precious metals through an expanding portfolio of royalties and streams. The company emphasizes the importance of cultivating a diversified asset base that can deliver attractive returns over time. The recent developments in its royalty portfolio position Metalla to significantly enhance its market recognition and shareholder value.

In closing, Metalla Royalty & Streaming Ltd. continues to make strides in advancing its royalty interests with notable transactions and promising projects across its portfolio. As the company grows and evolves, it remains committed to leveraging its assets to foster increased investment potential in the gold and silver markets.

For further insights into Metalla's operations and portfolio, stakeholders are encouraged to visit their official website at www.metallaroyalty.com.