Empress Royalty Corp (TSX-V:EMPR, OTCQB:EMPYF) has issued a progress update on its portfolio of mineral properties in which it holds royalties or streams.
The Vancouver-based company currently has a portfolio of 17 precious metal investments around the world.
Amongst some of the highlights, initial production from the Tahuehueto mine owned by Altaley Mining Corp is expected near the end of the year and ramping up in the first quarter of 2022, according to the statement from Empress.
READ: Empress Royalty lifts its gold stream on Sierra Antapite mine in Peru to 3.375%
The firm also reported that production expansion is in progress at the Sierra Antapite gold mine owned by Sierra Sun Group.
"The exciting progress being made at each of our investments demonstrates Empress Royalty's ability to invest in high-quality projects with strong management teams creating long-term value for both our shareholders and the shareholders of our mining company partners," said Alexandra Woodyer Sherron, CEO, in the statement.
"These project updates are the catalysts for Empress Royalty to achieve significant shareholder value and revenue in 2022," she added.
Contact Angela at angela@proactiveinvestors.com
Follow her on Twitter @AHarmantas