TSX:FNV 99.80 -0.11 -0.11%
Volume 230,824
October 17, 2017
NYSE:FNV 79.64 -0.13 -0.16%
Volume 365,153
October 17, 2017
Gold 1,299.90 -1.60 -0.12%
Volume 74
October 16, 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.