Tocantinzinho (Au)

Royalty and Terms: 1.75% NSR royalty on the Tocantinzinho project. The royalty is subject to a 1% buy-down option, with the proceeds from the buy-down payable to a third party.
Operator:  Visit G Mining Ventures for more information
Primary Commodity: Gold
Location: Para State, Brazil
Reserves and Resources:
  • Proven and probable reserves of 2,042 koz Au (48.7 Mt @ 1.3 g/t Au)
  • Measured and indicated resources (exclusive of reserves) not material after conversion of reserves
  • Inferred resources of 50 koz Au (1.6 Mt @ 1.0 g/t Au)
Production:
  • LOM Avg.: 175 koz Au

Catalysts:

  • Project financing and construction commencement
  • Drilling targeting expansion of significant results at base of the pit that include 1.83 g/t gold over 32 meters

More details in the 2022 Asset Handbook

 

 
Tocantinzinho, page 56
Source: Company disclosure and Osisko management estimates.