In addition to the exploration properties, the Company owns a package of royalty assets in the Flin Flon camp. Most of the royalties are on exploration properties, with the exception of the royalty on the McIlvenna property which was recently the subject of a positive feasibility study. A summary of the royalties is as follows:

Highlighted Royalty

McIIvenna Bay Net Tonnage Royalty (Foran Mining Corp.) – $0.75/tonne ore extracted – FS stage project

Property owner Property Royalty
Foran Mining Corp.
McIlvenna Bay C$0.75/tonne
Bigstone 2% NSR
Balsam 2% NSR
Reed Property 2% NSR + 6% NPI
Callinex Mines Inc. Pine Bay Project 1% NSR
Hudbay Minerals Inc. Morgan Woolsey Property 2% NSR
Cook Property 1% NSR