Projects
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 |
Rockcliff Metal Corp. | Morgan Woolsey Property | 2% NSR |
Cook Property | 1% NSR |