White Pine North (Cu, Ag)

Royalty and Terms: 1.5% NSR royalty on copper production and an 11.5% NSR royalty on silver production. At Osisko’s election, the silver royalty percentage may be increased to 100%.
Operator:  Visit Highland Copper for more information
Primary Commodity: Copper, Silver
Location: Michigan, USA
Reserves and Resources:
  • Measured and indicated resources (exclusive of reserves) of 1,586 kt Cu (151 Mt @ 1.05% Cu), 65,500 koz Ag (151 Mt @ 13.5 g/t Ag)
  • Inferred resources of 990 kt Cu (96 Mt @ 1.03% Cu), 27,800 koz Ag (96 Mt @ 9.0 g/t Ag)
Production:
  • 42 kt Cu (LOM Avg.)
  • 1.2 Moz Ag (LOM Avg.)

More details in the 2024 Asset Handbook

 

 
White Pine North, page 63
Source: Company disclosure and Osisko management estimates.