Overview
According to Coeur Mining, Lincoln Hill is projected to become a source of higher-grade, low-cost production capable of bolstering future cashflow and further extending Rochester’s mine life. Coeur reports Lincoln Hill’s average gold resource grade is more than four times higher than Rochester’s current grade. The Lincoln Hill royalty covers 97 unpatented claims and one patented lode claim. The land holding also includes 23 unpatented claims known as the Rosal Claims, on which Ely Gold currently holds a 1.5% NSR.