TSX:FNV 96.02 -0.31 -0.32%
Volume 352,252
June 28, 2017
NYSE:FNV 73.73 +0.45 +0.61%
Volume 341,656
June 28, 2017
Gold 1,246.40 +0.10 +0.01%
Volume 194
June 27, 2017
Contact Share

Location: Brazil
Operator: Jaguar Mining Inc.
Royalty: NSR: 0-1%

Franco-Nevada holds a sliding scale NSR royalty (1% at greater than $400 per ounce gold) on Jaguar Mining Inc.’s (“Jaguar”) Gurupi project located in the State of Maranhão in northern Brazil. Jaguar entered into an earn-in agreement with Avanco Resources Limited (“Avanco”) by which Avanco may earn up to a 100% interest in the project. The last feasibility study was prepared in January 2011, which anticipated an open-pit mine that would produce approximately 149,000 ounces of gold annually for a period of 13 years.