Operator: Eldorado Gold Corporation
Royalty: NSR: 2%
Franco-Nevada has a 2% NSR on the Perama Hill project currently being permitted by Eldorado Gold Corporation (“Eldorado”). The Perama Hill gold project is a late-stage development project in the Thrace region of northeastern Greece and consists of two mining titles covering an area of 19 km2 and two mining exploration licenses covering an area of 18 km2. Eldorado has been challenged in getting needed approvals to advance its activities in Greece.