Property Location Ownership Royalty Rate Rye United States Barrick Mining Corporation 0.5% NSR San Rafael United States Rio Grande Resources Corporation 2.0% NVR Santa Renia United States Hecla Mining Company 3.0% NSR Shotgun United States TNR Gold Corp. 5.0% NPI Simon Creek United States Barrick Mining Corporation 1.0% NSR Treasure Hill United States Treasure Hill Resources LLC 1.0% NSR Trenton Canyon United States SSR Mining Inc. 2.4% GSR (45) , 8.0% NPI (45) Troy United States Hecla Mining Company 3.0% GSR Upper Peninsula United States Minerals Processing Corp. 5.0% NPI Whistler United States GoldMining Inc. 2.0% NPI Windfall United States McEwen Inc. 4.0% NSR Wood Gulch United States Barrick Mining Corporation 5.0% NSR Woodruff United States Orla Mining Ltd. 4.0% NSR (45) 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 | 2025/2026 Asset Handbook 193 INTRODUCTION ATTRIBUTES OF OUR BUSINESS PORTFOLIO OVERVIEW EXPECTED PERFORMANCE AND OUTLOOK PORTFOLIO DETAILS REFERENCE MATERIALS
Royal Gold, Inc. 2025/2026 Asset Handbook Page 192 Page 194