Metalla Royalty & Streaming Ltd.: Remarkable Growth in Its Royalty Portfolio
Vancouver, BC, February 20, 2025 – Metalla Royalty & Streaming Ltd. (Metalla or the Company), a leading precious metals streaming and royalty company listed on the NYSE American (MTA) and Toronto Stock Exchange Venture (MTA), is thrilled to share recent developments in its extensive royalty portfolio. Among these, the Wharf project, which holds a 1.0% gold stream, has witnessed significant growth in its measured and indicated (M&I) and inferred resources.
Wharf Project: Gold Resources on the Rise
The Wharf project, located in Idaho, USA, has experienced a substantial increase in its gold resources. The M&I resources have more than doubled, now totaling over 250,000 ounces of gold. Additionally, inferred resources have more than tripled, with an impressive total of approximately 750,000 ounces of gold.
Impact on Metalla: A Bright Future
This growth in resources at the Wharf project significantly strengthens Metalla’s position as a key player in the precious metals streaming and royalty industry. The increased resources not only expand the Company’s potential future cash flows but also enhance its overall portfolio value. As a result, Metalla’s investors could potentially benefit from the increased revenue potential and potential capital appreciation.
Impact on the World: A Positive Signal for the Mining Sector
The growth in gold resources at the Wharf project is a positive sign for the mining sector as a whole. It demonstrates the potential for continued exploration success and the ongoing viability of mining projects. Moreover, this development could contribute to the overall economic growth in Idaho and the United States, as increased gold production can lead to job creation and revenue generation for local communities and governments.
Conclusion: Metalla’s Continued Success
Metalla Royalty & Streaming Ltd.’s recent developments in its royalty portfolio, particularly the growth in gold resources at the Wharf project, highlight the Company’s commitment to creating value for its stakeholders. This news is not only a testament to Metalla’s exploration success but also a positive sign for the mining sector as a whole. As Metalla continues to grow and expand its portfolio, investors and industry observers can look forward to further exciting developments.
- Metalla Royalty & Streaming Ltd. reports significant growth in resources at the Wharf project.
- M&I gold resources have more than doubled, totaling over 250,000 ounces.
- Inferred resources have more than tripled, with approximately 750,000 ounces of gold.
- This growth strengthens Metalla’s position in the precious metals streaming and royalty industry.
- Investors could potentially benefit from increased revenue potential and potential capital appreciation.
- Growth in gold resources is a positive sign for the mining sector and the economy.
