Royalty Overview

The Canadian Malartic royalties were acquired in November 2021, through the acquisition of Abitibi Royalties & Golden Valley.

Project Overview

The Midway gold project is a later-stage exploration project located within the producing Canadian Malartic mine in the heart of Québec’s Abitibi Gold Belt, Canada and is fully owned and operated by Agnico Eagle Mines Limited (“Agnico Eagle”). Initial exploration drilling commenced on Midway in 1935 by Malartic Goldfields Mines Ltd. including the sinking of an underground shaft with continued recent surface exploration work and drilling completed by Northern Star Mining Corporation before acquisition by Agnico Eagle in June 2014.

The 1.5% NSR held by Gold Royalty over the Midway project lies east of Odyssey, the underground extension of the Canadian Malartic open pit set to become Canada’s largest underground mine. Step-out exploration drilling continues at Malartic Rand, the Camflo mine, and the Midway yielding strong results near Gold Royalty’s coverage over the Midway project.