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Pan (Au)

Royalty and terms: 4% NSR royalty
Operator:  Fiore Gold Ltd.
Visit Fiore Gold for more info
Primary Commodity: Gold
Location: East-central Nevada, approximately 28 km southeast of the town of Eureka, on the prolific Battle-Mountain – Eureka gold trend.
Reserves and resources1:
  • Proven and probable reserve of 275k oz Au, (18.5 million tonnes grading 0.51 g/t Au)
  • Measured and indicated resources of 432k oz Au, (27 million tonnes grading 0.49 g/t Au)
  • Infered resources of 110k oz Au (7.6 million tonnes grading 0.45 g/t Au)
Status: 2019 Gold Production: 40 k oz

The Pan Mine is in the process of converting from a run of mine operation to operating with a primary crushing circuit capable of handling the current 14,000 tpd ore mining rate. This is expected to enhance recoveries and produce an additional 6,000-7,000 ounces of gold per year at current mining rates.

  • Source: Company disclosure and Osisko management estimates.
    1. Resource (incl. reserve)