Property Location Ownership Royalty Rate Lawyers Canada Thesis Gold Inc. 0.5% NSR Schaft Creek Canada Copper Fox Metals Inc./Teck Resources Limited 3.5% NPI Shasta Canada TDG Gold Corp. 0.5% NSR Ulu Canada Blue Star Gold Corp. 5.0% NSR 10 Wolverine Canada Yukon Zinc Corporation 0.0% to 9.445% NSR 11 Yellowknife Lithium Canada LiFT Power Ltd. 2.0% NPI Alturas Chile Barrick Gold Corporation 1.06% NSR (Au); 1.59% NSR (Cu) Pascua-Lama Chile Barrick Gold Corporation 0.78% to 5.45% NSR (Au) 12, 13 ; 1.09% NSR (Cu) 14 Kubi Village Ghana Asante Gold Corporation 3.0% NPI 15 Tambor Guatemala Kappes, Cassiday & Associates 4.0% NSR 16 Nieves Mexico Blackberry Ventures 1, LLC 2.0% NSR Los Chancas Peru Southern Copper Corporation 0.375% NSR Nutmeg Mountain United States NevGold Corp. 1.0% to 2.0% NSR 17 Doby George United States Western Exploration Inc. 2.0% NSR 18 Island Mountain United States Tuvera Exploration Inc. 2.0% NSR La Jara Mesa United States Laramide Resources Ltd. $0.25/lb (uranium) 19 Long Valley United States Kore Mining Ltd. 1.0% NSR Niblack United States NeXGold Mining Corp. 1.0% to 3.0% NSR 20 Rock Creek United States Hecla Mining Company 1.0% NSR San Juan Silver (Bulldog) United States Hecla Mining Company 3.0% NSR 21 ; 1.0% NSR 21 Wildcat United States Integra Resources Corp. 1.0% NSR 22 ; 1.0% to 2.0% NSR 23 10 Royalty applies to production above 675,000 ounces. 11 Gold royalty rate is based on the price of silver per ounce. NSR sliding-scale schedule (price of silver per ounce – royalty rate): Below $5.00 – 0.0%; $5.00 to $7.00 – 3.778%; above $7.50 – 9.445%. 12 Royalty applies to all gold production from an area of interest in Chile. Approximately 20% of the royalty is limited to the first 14.0 million ounces of gold produced from the project. Also, 24% of the royalty can be extended beyond 14.0 million ounces produced for $4.4 million. In addition, a one-time payment totaling $8.4 million will be made if gold prices exceed $600 per ounce for any six-month period within the first 36 months of commercial production. 13 NSR sliding-scale schedule (price of gold per ounce – royalty rate): less than or equal to $325 – 0.78%; $400 – 1.57%; $500 – 2.72%; $600 – 3.56%; $700 – 4.39%; greater or equal to $800 – 5.23%. Royalty is interpolated between lower and upper production endpoints. 14 Royalty applies to all copper production from an area of interest in Chile. 15 Operator has the right to purchase the entire 3% NPI for $2 million within six months of a feasibility study. 16 Operator has the right to purchase half of the 4.0% NSR for $2 million within 24 months of commercial production. 17 A $325,000 payment is due upon production of the first 100,000 ounces. Once production reaches 200,000 ounces, the royalty begins paying at the following rate schedule (price of gold per ounce – royalty rate): $0.00 to $425 – 1.0%; $425 and above – 2.0%. 18 The 2.0% NSR becomes payable once 400,000 ounces have been produced. 19 Royalty is payable on per pound of uranium produced above eight million pounds. 20 Royalty rate is 1.0% for each tonne of ore having a value of less than $115 per tonne; 2.0% for each tonne of ore having a value between $115 and $135 per tonne; and 3.0% for each tonne of ore having a value greater than $135 per tonne. 21 Royalty rate is 3.0% on Homestake and Emerald unpatented claims; 1.0% on Emerald patented claims. 22 The 1.0% royalty rate applies to the SS lode claims only. 23 An additional 1.0% NSR applies to gold production between 500,000 ounces and 1.0 million ounces. The royalty increases to a 2.0% NSR on production in excess of 1.0 million ounces. This royalty applies to various claims on the mining property. ROYAL GOLD 2024 Asset Handbook 162