Royalty Overview

Gold Royalty acquired the 2% NSR as part of the acquisition of Ely Gold Royalties in August 2021. The royalty coverage included in the NSR relates to the surrounding area of the Gold Stone, Gold Ridge, and Gold Pick deposits northeast of the producing Gold Bar mine.

Project Overview

The Gold Bar mine is a producing gold mine in the southern Roberts Mountains of the Battle Mountain-Eureka-Cortez gold trend in Eureka County, Nevada and is wholly owned and operated by McEwen Mining Inc. (“McEwen”). Gold Bar is in proximity to the Cortez-Goldrush cluster holding over 10 million gold ounces in reserves and 50 million gold ounces in past production and current resources.

Recent exploration has delivered positive results with initial drilling around the planned Gold Pick and Gold Ridge open pits showcasing shallow oxide mineralization zones that are fully covered by the NSR.