TSX:FNV 96.53 -0.89 -0.91%
Volume 314,497
June 27, 2017
NYSE:FNV 73.25 -0.29 -0.39%
Volume 255,828
June 27, 2017
Gold 1,246.30 -9.90 -0.79%
Volume 269
June 26, 2017
Contact Share

LOCATION: NEVADA
OPERATOR: IMPERIAL METALS CORPORATION
ROYALTY: NSR: 0.25%

Sterling is an underground gold operation located 185 km northwest of Las Vegas, Nevada near Beatty, Nevada and is owned by Imperial Metals Corporation (“Imperial Metals”). Franco-Nevada holds 1/8th of a 2% NSR, or an effective 0.25% NSR royalty on approximately 272 lode mining claims with a small minimum advance royalty. Sterling underground mining operations were terminated at the end of May 2015. In February 2017, Imperial Metals entered into a Letter of Intent with Northern Empire Resources Corp. to sell its interest in the property with closing planned for the second quarter of 2017.