Property Location Ownership Royalty Rate FAD Property United States i-80 Gold Corp. 3.0% NSR Gold Bar (Cabin Creek) United States McEwen Mining Inc. 10.0% NPI Goldwedge United States Scorpio Gold Corp. 2.0% NSR (20) Island Mountain United States Tuvera Exploration Inc. 2.0% NSR La Jara Mesa United States Laramide Resources Ltd. $0.25/lb (uranium) (21) Long Valley United States Kore Mining Ltd. 1.0% NSR Mt. Hamilton United States Waterton Global Resource Management 2.4% NSR Niblack United States NeXGold Mining Corp. 1.0% to 3.0% NSR (22) Nutmeg Mountain United States NevGold Corp. 1.0% to 2.0% NSR (23) Pony Creek United States Orla Mining Ltd. 3.0% NSR Relief Canyon United States Americas Gold and Silver Corporation 2.0% NSR; 1.4% to 2.8% NSR (24) Rock Creek United States Hecla Mining Company 1.0% NSR San Juan Silver (Bulldog) United States Hecla Mining Company 3.0% NSR (25) , 1.0% NSR (25) Wildcat United States Integra Resources Corp. 1.0% NSR (26) , 1.0% to 2.0% NSR (27) (20) Operator has the right to purchase 1.0% of the 2.0% NSR for $1,000,000. The remaining 1.0% NSR can be terminated for $2,000,000. (21) Royalty is payable on per pound of uranium produced above eight million pounds. (22) 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. (23) 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%. (24) An additional 32,000 ounce gold delivery due over 5 years (ending December 31, 2027). Upon payment of the Stream Repurchase Price pursuant to the repurchase option, the 1.4% to 2.8% NSR will be reduced to 1.0% NSR. (25) Royalty rate is 3.0% on Homestake and Emerald unpatented claims; 1.0% on Emerald patented claims. (26) The 1.0% royalty rate applies to the SS lode claims only. (27) 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 | 2025/2026 Asset Handbook 187 INTRODUCTION ATTRIBUTES OF OUR BUSINESS PORTFOLIO OVERVIEW EXPECTED PERFORMANCE AND OUTLOOK PORTFOLIO DETAILS REFERENCE MATERIALS