TSX:FNV 101.61 +0.49 +0.48%
Volume 421,412
February 19, 2019
NYSE:FNV 76.94 +0.52 +0.68%
Volume 841,314
February 19, 2019
Gold 1,344.85 +2.55 +0.19%
Volume
February 20, 2019
Contact Share

LOCATION: MANITOBA
OPERATOR: YAMANA GOLD INC.
ROYALTY: NSR: 2-3%

In June 2015, Yamana acquired Mega Precious Metals Inc. and the Monument Bay property, which is located in Manitoba, approximately 570 km northeast of Winnipeg. Monument Bay consists of 136 contiguous claims and hosts a Measured and Indicated Mineral Resource base of 1.787 million ounces of gold in 36.6 Mt @ 1.52 g/t. Franco-Nevada holds a 2% NSR royalty on the first 1.0 million ounces produced and a 3% NSR on any additional production. The property had a budget of $2.2 million in 2017 supporting exploration initiatives and technical studies.