Metalla Royalty Boosts Côté and Gosselin Royalty to 1.5% with Portfolio Enhancements

Metalla Royalty Boosts Côté and Gosselin Royalty to 1.5%

In a strategic move, Metalla Royalty & Streaming Ltd. has enhanced its interest in the Côté and Gosselin projects, increasing its royalty to 1.5%. This announcement, made on November 3, 2025, marks a significant milestone for the company, as they successfully acquired the remaining 0.15% interest in a net smelter return (NSR) royalty on a portion of the Côté Gold Mine and the entire Gosselin project. The acquisition was completed for C$3.4 million from an arm's length seller, reflecting Metalla's commitment to solidify its standing in one of Canada's most promising gold assets.

The Côté Mine, operational since August 2024, has already demonstrated its capabilities by reaching a processing capacity of 36,000 tonnes per day. With plans for further integration of the Gosselin deposit into its mine plan, Metalla expects to benefit significantly from the exploration and resource expansion currently underway. IAMGOLD Corporation, owner of the Côté and Gosselin projects, has ambitious goals for drilling in the Gosselin area, with 45,000 meters planned for 2025, and results from these explorations are anticipated to feature in a revised mineral reserve and resource report scheduled for 2026. This integration and planned expansion positions the Côté-Gosselin complex as a key player in the Canadian gold mining landscape.

Portfolio Development and Future Plans

In addition to bolstering its royalty interest, Metalla has shared updates regarding its broader portfolio. The company holds various interests across different projects, each with promising developments. For instance, plans are underway to enhance the processing capacity at La Guitarra to approximately 1,500 tonnes per day by Q3 2027. This ambitious expansion is complemented by extensive exploration efforts throughout the district, ensuring sustained growth.

At La Parrilla, rehabilitation efforts are being supported by financing from Samsung, further highlighting Metalla's proactive approach to enhancing its assets. The Endeavor Mine has resumed operations following a tragic incident, and there are promising developments with the discovery of a new massive sulphide zone at the Carpark prospect.

Furthermore, drilling at the San Luis project confirms significant extensions of the Bonita Vein system, strengthening Metalla's position in Peru. The Wharf mine has raised its production guidance for 2025, indicating a robust operational trajectory for the company.

Metalla's focus remains on strategically acquiring royalties and streams, with an eye on maximizing shareholder value through a diversified portfolio of high-potential assets. Brett Heath, the Chief Executive Officer, emphasized the enhanced leverage this acquisition provides as Metalla continues to accumulate high-value positions in gold, silver, and copper. Through consistent investment and strategic planning, Metalla aims to strengthen its footprint within the mining sector.

Overall, Metalla's recent moves underscore its commitment to growth and resilience, positioning it favorably in the competitive landscape of mining royalty companies. Stakeholders and investors can expect continued updates as exploration and production initiatives progress across its diverse asset base. Metalla stands poised to navigate the evolving market landscape, leveraging its strengthened portfolio for future successes.