147 Overview Principal Producing Development Highlighted Evaluation Evaluation/Exploration Mineral Resources and Reserves Property Location Ownership Royalty Rate Monument Canada Equity Metals Corporation/Archon Minerals Limited 1.0% GV Moore Lake Canada Skyharbour Resources Ltd. 2.5% NSR 9 Nighthawk Lake Canada Imperial Metals Corporation/ Rainy Mountain Royalty Corp./ Thunder Gold Corp. 2.5% NSR 10 Northgate Canada Argo Resources Inc. 1.0% NSR Pickle Lake #2 Canada PC Gold Inc. 1.0% NSR Red Lake Canada Evolution Mining Limited 1.0% NSR TAK Canada Privately held 5.0% NSR 11 Voisey’s Bay Diamonds Canada Vale S.A. 3.0% GV Yellowknife Lithium Canada LiFT Power Ltd. 2.0% NPI San Jeronimo Mexico Newmont Corporation 2.0% NSR Ambrosia Lake United States Rio Algom Mining LLC 2.0% NVR Apex United States Teck Resources Limited/Pennaroya Utah 3.0% NSR 12 BSC United States McEwen Mining Inc. 2.5% NSR Buckhorn South United States Nevada Gold Mines LLC 15.0% NPI 13 14.0% NPI 13 FAD Property United States i-80 Gold Corp. 3.0% NSR Hona, Eagle and Triple Z United States Contango ORE, Inc. 3.0% NSR Horse Mountain United States Barrick Gold Corporation 0.25% NVR Hot Pot United States Nevada Exploration Inc. 1.25% NSR Paiute United States Timberline Resources Corporation 0.75% NSR Keystone United States Energy Fuels Corporation 2.0% NSR McDonald-Keep Cool United States Newmont Corporation 3.0% NSR Mule Canyon United States Newmont Corporation 5.0% NSR Nevada Properties United States Evolution Mining Limited 2.5% NSR Oro Blanco United States Pan American Silver Corporation 3.0% NSR Pinson – Other United States Barrick Gold Corporation 0.489% to 5.979% NSR 14 Rye United States Barrick Gold Corporation 0.5% NSR San Rafael United States Rio Grande Resources Corporation 2.0% NVR Simon Creek United States Barrick Gold Corporation 1.0% NSR Trenton Canyon United States SSR Mining Inc. 2.4% GSR 15 8.0% NPI 15 Troy United States Hecla Mining Company 3.0% GSR Uncle Sam United States Great American Minerals Exploration, Inc. 2.0% NSR Windfall United States Timberline Resources Corporation 3.2% NSR Wood Gulch United States Barrick Gold Corporation 5.0% NSR 9 Operator has the option to purchase 1.25% of the 2.5% NSR for $1 million at any time prior to a production decision or within 30 days thereafter. 10 Operator may purchase 1.5% of the 2.5% NSR at any time for CDN$1.5 million. 11 Operator has the right to purchase 2.5% of the 5.0% NSR at any time for $1 million. 12 Royalty is capped at $1 million. 13 The 15.0% NPI and the 14.0% NPI apply to different claims on the property. 14 Royalty rate varies depending on pre-existing royalties (max of 6.0%). 15 The 2.4% GSR applies to production from the properties from which greater than 60% of the revenues are projected to be derived from gold and silver. The 8.0% NPI applies to production from the properties from which less than 60% of the revenues are projected to be derived from gold and silver.
2023 Asset Handbook Page 148 Page 150