Silver Crown Royalties Reports Timely Royalty Payments and Mining Project Updates
March 21st, 2025 7:00 AM
By: FisherVista
Silver Crown Royalties received full royalty payments from PPX Mining Corp. and partial payment from Elk Gold Mining Corp., highlighting stable income streams and collaborative mining partnerships during a period of reduced production.

Silver Crown Royalties Inc. reported consistent royalty income from its mining partnerships, with PPX Mining Corp. and Elk Gold Mining Corp. meeting their financial obligations ahead of scheduled deadlines. The company received a full royalty payment of US$40,672.70 from PPX Mining and a partial payment of C$29,811.99 from Elk Gold, signaling ongoing operational stability in its investment portfolio.
The royalty payments come during a period of reduced production at the Elk Gold Project, which experienced lower output due to a planned winter work program. Gold Mountain Mining Corp., Elk Gold's parent company, reported gold sales of 291 ounces from 10,055 tonnes of processed material during the quarter ending January 31, 2025, with an average grade of 1.23 grams per tonne.
Despite the reduced production, Silver Crown's royalty agreement includes a minimum quarterly payment equivalent to 1,500 ounces of silver, substantially exceeding the current quarterly silver output of approximately 573 ounces. This provision provides a critical financial safeguard for the company, ensuring consistent revenue regardless of fluctuations in mining operations.
The royalty payments demonstrate the resilience of Silver Crown's business model, which focuses on generating precious metals exposure while minimizing the economic risks associated with direct mining operations. By maintaining royalty agreements with multiple mining companies, the organization can diversify its income streams and provide investors with a hedge against market volatility.
CEO Peter Bures emphasized the importance of collaborative partnerships, noting the company's commitment to supporting its mining partners through flexible financial arrangements. The timely payments from PPX and Elk Gold underscore the mutual benefits of these strategic relationships.
The company's approach of securing minimum delivery provisions represents a sophisticated risk management strategy in the inherently unpredictable mining sector. By guaranteeing a baseline level of financial return, Silver Crown can maintain investor confidence even during periods of reduced mining activity.
Source Statement
This news article relied primarily on a press release disributed by NewMediaWire. You can read the source press release here,
