TSX:FNV 102.22 +0.81 +0.8%
Volume 367,024
May 17, 2019
NYSE:FNV 75.92 +0.61 +0.81%
Volume 447,074
May 17, 2019
Gold 1,278.30 -9.10 -0.71%
Volume
May 17, 2019
Contact Share

Franco-Nevada

Cariboo (Au)

LOCATION: British Columbia, Canada
OPERATOR: Barkerville Gold Mines Ltd.
ROYALTY: NSR: 3%

Barkerville Gold Mines Ltd. (“Barkerville”) is advancing the Cariboo Gold Project in east-central British Columbia. Barkerville controls 2,120 km2 of mineral rights located 85 km east of the town of Quesnel. The area has historical underground and alluvial production of 4.5 million ounces of gold from 1933 to 1967. Franco-Nevada’s 3% NSR covers the claims to the immediate north-east of the Bonanza Ledge Project, referred to as the KL Zone. Franco-Nevada’s 3% royalty interest also includes the Williams Claims which are about 5 km south east of the Bonanza Ledge Project. Barkerville provided a Mineral Resource in June 2018 which included an Indicated Mineral Resource of 1,599,000 ounces (8.1 Mt @ 6.1 g/t) and an Inferred Mineral Resource of 2,155,700 (12.7 Mt @ 5.2 g/t). Barkerville is continuing to aggressively explore the property with 90,000 meters of drilling planned.