Overview: Gold Royalty Corp. (GRC) is a wholly owned gold-focused royalty subsidiary of GoldMining Inc. GRC will hold Net Smelter Return (NSR) royalties ranging from 0.5% to 2% on each of GoldMining's 14 projects with additional rights to buy-back NSRs on 5 of these 14 projects. Eleven of the 14 royalties are associated with advance-stage resource and development projects.
GRC will retain exposure to resource expansion and future discoveries through its precious metal focused portfolio covering over 1,290 km2 (139,000 Ha) in mining friendly jurisdictions in five countries in the Americas. Over the long-term, GoldMining will look to add new royalties to GRC and explore potential value-enhancing transactions, including a potential spin-off, initial public offering, sale, merger or other transactions that may increase shareholder value.
Commodities: Precious and Base Metals
Ownership: 100% except for Montes Aureos (51%), Trinta (51%) and Boa Vista (84%)
Locations: USA, Canada, Colombia, Brazil and Peru
Portfolio Size: 139,000 Ha
Deposit Type: Gold-copper porphyry, epithermal and orogenic gold
- Measured and Indicated resource of 11.4 Moz gold (14.3 Moz gold equivalent)
- Inferred resource of 13.4 Moz gold (16.6 Moz gold equivalent)
- Please refer to Resource Statement page for assumptions and notes for each respective resource estimate.
Royalties: See Table below for reference to individual project NSR royalties.
GRC Royalty Portfolio
1Further details regarding individual resource estimates, including metal equivalents, are shown on the Resource Statement page.
2Option to purchase existing third-party royalties on individual projects are detailed in their respective technical report.