Royalty and Terms: | Two NSR royalties covering the core Mina Volare claim of the AntaKori project. The royalty percentages are 0.75% or 1.5% depending on location. There are existing third-party royalties covering various claims at AntaKori, and if Regulus acquires any of these existing royalties, Osisko can elect to acquire 50% of the royalty by paying 75% of Regulus’ purchase price. |
Operator: | Visit Regulus Resources for more information |
Primary Commodity: | Copper, Gold |
Location: | Cajamarca, Pérou |
Reserves and Resources: |
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Production: | N/A |
Catalysts:
- Resource updates and expansion
- Transition to sulphide processing at Tantahuatay which may necessitate an open pit pushback onto the AntaKori property
- Further royalty purchases completed by Regulus will provide an increase of royalty coverage for Osisko
More details in the 2022 Asset Handbook
Source: Company disclosure and Osisko management estimates.