Operator: Hochschild Mining PLC
Royalty: NSR: 1.5%
As part its acquisition of a portfolio of approximately 20 royalties from Barrick in November 2013, Franco-Nevada has a 1.5% NSR on part of the Volcan property owned by Hochschild Mining plc. The property is strategically located in the Maricunga gold belt, which hosts a number of significant gold deposits. The royalty covers a portion of the Agua de Oro deposit but not the main Dorado deposits which comprise the preliminary feasibility study.