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Cariboo Gold Project (Au)

Royalty and terms: 2.25% net smelter return (NSR)

  • Acquisition of a 1.5% net smelter return (“NSR”) royalty on the Cariboo Gold Project for a cash consideration of C$25 million and an additional 0.75% NSR royalty subsequently for C$12.5 million
Operator: Barkerville Gold Mines

Visit Barkerville Gold Mines for more info
Primary Commodity: Gold
Location: Barkerville, British-Columbia, Canada
Reserves and resources:
  • Measured and indicated resources of 2.4 million ounces of gold (13.2 million tonnes grading 5.6 g/t Au)
  • Infered resources of 1.9 million ounces of gold (12 million tonnes grading 5.0 g/t Au)
Status: Development

Project detail

  • Expect to see near-term cash flow from small-scale operation
  • Started collaring ramp
  • Very good exploration results
Source: Company disclosure and Osisko management estimates.