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 13 Nighthawk Lake Canada Imperial Metals Corporation/Rainy Mountain Royalty Corp./ Thunder Gold Corp. 2.5% NSR 14 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 15 Voisey’s Bay Diamonds Canada Vale S.A. 3.0% GV 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 16 BSC United States McEwen Mining Inc. 2.5% NSR Buckhorn South United States Nevada Gold Mines LLC 15.0% NPI 17 ; 14.0% NPI 17 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 McEwen Mining Inc. 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 18 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 19 ; 8.0% NPI 19 Troy United States Hecla Mining Company 3.0% GSR Windfall United States McEwen Mining Inc. 4.0% NSR Wood Gulch United States Barrick Gold Corporation 5.0% NSR 13 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. 14 Operator may purchase 1.5% of the 2.5% NSR at any time for CAD$1.5 million. 15 Operator has the right to purchase 2.5% of the 5.0% NSR at any time for $1 million. 16 Royalty is capped at $1 million. 17 The 15.0% NPI and the 14.0% NPI apply to different claims on the property. 18 Royalty rate varies depending on pre-existing royalties (max of 6.0%). 19 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. ROYAL GOLD 2024 Asset Handbook 164
2024 Asset Handbook Page 163 Page 165