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Franco-Nevada

Sterling (Au)

LOCATION: Nevada, United States
OPERATOR: Coeur Mining Inc.
ROYALTY: NSR: 0.25%

Sterling is a historic gold operation located 185 km northwest of Las Vegas, Nevada near Beatty, Nevada. Coeur, who operates Guadalupe-Palmarejo, purchased Northern Empire Resource Corp. (“Northern Empire”) and the Sterling property in 2018. 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. Coeur is continuing with Northern Empire’s previous drill program focused on Mineral Resource infill and expansion drilling.