| Royalty and terms: |
- 2.0 to 3.5% net smelter return (NSR) Royalty
2.00% NSR royalty on the first 3M oz of Au production
0.25% increase for every additional 1M oz of production thereafter, to a maximum of 3.50%
Au price adjustment of +/-10% if Au is higher than US$500/oz |
| Operator: |
Newmont
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| Primary Commodity: |
Gold |
| Location: |
Eeyou Istchee Baie-James, Québec
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| Reserves and resources: |
- Proven and probable reserve of 1.26 Moz Au (7.8 million tonnes grading 5 g/t Au)
- Measured and indicated resources of 0.44 Moz Au (3 million tonnes grading 4.78 g/t Au)
- Infered resources of 0.46 Moz Au (2.5 million tonnes grading 5.65 g/t Au)
|
| Status: |
Production |
| Actual Production: |
Milling/Processing Capacity of 7,000 tonnes per day |
Source: Company disclosure and Osisko management estimates.
