TSX:FNV 92.84 +1.64 +1.8%
Volume 436,840
April 28, 2017
NYSE:FNV 68.12 +1.10 +1.64%
Volume 1,010,009
April 28, 2017
Gold 1,262.10 -3.50 -0.28%
Volume 356
April 26, 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.