Curated News
By: NewsRamp Editorial Staff
October 16, 2025
Silver Crown Completes Final 15% Silver Royalty on PPX's Igor Project
TLDR
- Silver Crown secured a 15% royalty on PPX's silver production, positioning the company for positive cash flow by 2026 without needing capital market access.
- Silver Crown paid $637,000 to increase their Igor Project royalty by 3.9%, bringing the total to 15% covering 225,000 ounces of silver.
- This royalty agreement supports responsible mining development in Peru while creating sustainable revenue streams that benefit shareholders and local communities.
- Silver Crown now holds rights to 225,000 silver ounces from Peru's Igor Project, having already received 2,247 ounces from the productive mine.
Impact - Why it Matters
This transaction represents a significant development in the mining royalty sector as it demonstrates how royalty companies can provide crucial funding for mining projects while creating sustainable revenue streams. For investors, Silver Crown's achievement of positive cash flow projection by 2026 without needing additional working capital financing indicates strong financial management and strategic positioning. The royalty model offers exposure to precious metals with reduced operational risk compared to direct mining investments, serving as an effective hedge against inflation and currency fluctuations. As global economic uncertainty persists, such royalty arrangements provide stability while supporting mining development in resource-rich regions like Peru, potentially influencing how investors approach precious metals exposure in their portfolios.
Summary
Silver Crown Royalties Inc. has successfully completed the final phase of its strategic silver royalty acquisition from PPX Mining Corp., marking a significant milestone in the company's growth trajectory. The Toronto-based royalty company paid US$637,000 to PPX Mining to secure the remaining 3.9% stake in the silver royalty, bringing the total royalty interest to the maximum 15% of silver production from PPX's Igor 4 project in Peru's Northern Peru gold belt. This final tranche increases Silver Crown's total payable silver ounces by an additional 58,500 ounces, reaching an aggregate total of 225,000 ounces of silver under the royalty agreement originally established in December 2024 and amended in July 2025. The transaction solidifies Silver Crown's position as a key financial partner in the development of the Igor Project, which represents PPX Mining's flagship gold and silver asset in the mineral-rich region of eastern La Libertad Department.
According to CEO Peter Bures, this royalty acquisition, combined with recently secured financing, positions Silver Crown to achieve positive free cash flow by 2026 without requiring additional capital market access for working capital needs. Bures emphasized that future capital raising would be reserved exclusively for acquiring new royalty opportunities rather than operational funding. The company's business model focuses on providing investors with precious metals exposure while serving as a natural hedge against currency devaluation and production cost inflation. Silver Crown currently maintains five silver royalties in its portfolio and operates under the ticker symbols SCRI on Cboe, SLCRF on OTCQX, and QS0 on FRA. The original release can be viewed on www.newmediawire.com, providing comprehensive details about this strategic transaction that strengthens Silver Crown's foundation for sustainable growth in the competitive mining royalty sector.
Source Statement
This curated news summary relied on content disributed by NewMediaWire. Read the original source here, Silver Crown Completes Final 15% Silver Royalty on PPX's Igor Project
