7 Overview Principal  Producing  Development    Highlighted Evaluation  Evaluation/Exploration  Mineral Resources and Reserves METAL DELIVERY TO ROYAL GOLD METAL SALE MINE SITE PRODUCTION Shipping Smelting/refining MOUNT MILLIGAN ANDACOLLO PUEBLO VIEJO ALL OTHER STREAMS UP TO 5 MONTHS UP TO 5 MONTHS ~1 MONTH ~1 MONTH BY SHIPMENT BY SHIPMENT QUARTERLY BY SHIPMENT VARIES DEPENDING ON TIMING FOR NEXT SHIPMENT Stream Delivery and Sales Sequence