Location: Côte D’Ivoire
Operator: Perseus Mining Limited
Royalty: NSR: 0.5%
In 2013, Franco-Nevada acquired a 0.5% NSR on certain tenements that comprise the Sissingué gold project located in Côte d’Ivoire operated by Perseus. Perseus made a construction decision in 2016. First gold is now expected in February 2018 which is approximately 4 months later than originally expected. A revised mine plan is currently being prepared incorporating a revised Mineral Reserve estimate. The previous study envisioned average annual production of 75,000 ounces of gold over a 5.25 year mine life.