TSX:FNV 99.79 -0.01 -0.01%
Volume 496,005
August 16, 2017
NYSE:FNV 79.02 +0.72 +0.92%
Volume 813,176
August 16, 2017
Gold 1,273.70 -10.50 -0.82%
Volume 338
August 15, 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.