Gemfield

MMX Interest:  5.0% NSR royalty
MMX Metal Exposure:  Gold (Au), Silver (Ag)
Location:  Nevada, USA
Operator:  Centerra Gold Inc.
Status:  Feasibility

Asset Information

  • Main deposit located within the open-pit, heap leach Goldfield project in late-stage development located in a Tier 1 mining jurisdiction
  • Final Environmental Impact Statement and all other permits required to construct and operate the project received in 2019, project now fully permitted and shovel ready
  • Projected average production of ~125,000 ounces of gold per year
  • Acquired by Centerra Gold in February 2022
  • Centerra expects to release a resource update in the first half of 2023 and an updated feasibility study thereafter

 

Source: Waterton Global Resource Management public disclosure.