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
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Franco-Nevada

Goldfields (Au)

LOCATION: Saskatchewan, Canada
OPERATOR: Fortune Bay Corp.
ROYALTY: NSR: 2%

The Goldfields project currently consists of two gold deposits: the Box deposit, which is at the feasibility stage, and the Athona deposit, which has a completed preliminary feasibility study. Franco-Nevada has a 2% NSR royalty that covers both deposits. Brigus Gold Corp., which was advancing the project, was acquired by Primero Mining Corp. The Goldfields project was not part of the acquisition and was spun out into a company called Fortune Bay Corp. Limited activity has transpired on either the Box or Athona deposit since 2014. The March 2014 pre-feasibility report included a Mineral Reserve of 1.02 million ounces of gold (22,333 Mt @ 1.42 g/t).