Kandiolé (Au)

Royalty and Terms: 1% NSR royalty on the entirety of the Kandiolé deposits and has the option to purchase a second 1% NSR under certain conditions.
Operator:  Visit Roscan Gold for more information
Primary Commodity: Gold
Location: Mali
Reserves and Resources:
  • Measured and indicated resources (exclusive of reserves) of 1,018 koz Au (27 Mt @ 1.16 g/t Au)
  • Inferred resources of 199 koz Au (5.2 Mt @ 1.20 g/t Au)
Production: N/A

Catalysts:

  • Updated MRE expected in Q4 2023 (including 20,000 meters of drilling that did not make the previous MRE cut-off date
  • Recent environmental permit approval (announced March 2023)
  • Receipt of a mining license

More details in the 2023 Asset Handbook

 

Source: Company disclosure and Osisko management estimates.