TSX:FNV 92.46 -1.17 -1.25%
Volume 523,312
February 16, 2018
NYSE:FNV 73.67 -1.32 -1.76%
Volume 659,834
February 16, 2018
Gold 1,347.71 -5.44 -0.4%
Volume
February 19, 2018
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.