|Royalty and terms:||3% sliding-scale net smelter return (NSR)
Base rate 3% NSR and increases by 0.01% NSR for every $0.01 increase in the copper price above $3.00 per pound.
Option to purchase a 100% silver NSR royalty for future cash consideration of US$26 million on White Pine North and Copperwood projects
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|Primary Commodity:||Silver (Ag), Copper (Cu)|
|Reserves and resources:||Copperwood Project
White Pine North
The Copperwood Project is a development stage copper project fully permitted to move into the construction stage, and a preliminary economic assessment and mineral resource estimate for the White Pine North Project was completed in September 2019.
- Source: Company disclosure and Osisko management estimates.