Shovelnose (Au, Ag)

Royalty and Terms: 2% NSR royalty on the Shovelnose project. The royalty is subject to a 1% buyback for US$500,000.
Operator:  Visit Westhaven Gold Corp. for more information
Primary Commodity: Gold, Silver
Location: British Columbia, Canada
Reserves and Resources:
  • Measured and indicated resources (exclusive of reserves) of 791 koz Au (11 Mt @ 2.3 g/t Au)
  • Inferred resources of 263 koz Au (9.2 Mt @ 0.89 g/t Au)
Production: N/A

Catalysts:

  • Drill testing multiple targets in 2023 (~40,000 meters) with the objective of finding additional mineralized zones
  • Follow up on recent drill intersections which included 37.2 g/t gold and 209 g/t silver over 23 meters

More details in the 2023 Asset Handbook

 

 
Shovelnose, page 59
Source: Company disclosure and Osisko management estimates.