Royalty Overview

The Carlin royalty was acquired in August 2021, through the acquisition of Ely Gold.

Project Overview

The Carlin gold project (also known as the Carlin Trend project) is located in Eureka County, Nevada along the northern extension of the prolific Carlin trend and is included in the established Carlin Operations (Complex) that is wholly owned and operated by Nevada Gold Mines. The Carlin Operations consist of multiple open pit and underground mines and several processing facilities, including two roasters, an autoclave and an oxide mill with the Carlin Trend being key exploration focus to Barrick Gold Corporation for many years. In 2022, the Carlin Operations produced approximately 500,000 gold ounces.

The area of interest included in Gold Royalty’s NSR is west of the producing Leeville and Pete Bajo gold mines operated by Nevada Gold Mines. With potential extension of host mineralization at both mines, the Carlin project seeks upside exploration potential and commencement of exploratory drilling within Gold Royalty’s area of interest.