PURE PLAY GOLD ROYALTY INVESTMENT
148 precious metals royalties and streams with
14 paying and a robust organic growth trajectory
Focused on per share value creation and a dividend that currently yields ~1.5%
$500M | 32k | ||
MARKET CAP. | 2021 GEOS | ||
148 | 99% | ||
TOTAL ROYALTIES | GOLD & | ||
& STREAMS | SILVER | ||
14 | ~90% | ||
PAYING ROYALTIES | GROSS | ||
& STREAMS | CASH MARGIN | ||
TSX & NYSE American: MMX | maverixmetals.com | 1
BARRICK ROYALTY PORTFOLIO ACQUISITION
plus up to an additional $10 million in contingent payments:
- $6 million payable if Eskay Creek receives all permits required to commence construction within 6 years
- $2 million payable when Maverix receives $10 million in proceeds from the royalty portfolio within 6 years (excluding Eskay Creek)
- $2 million payable when Maverix receives $20 million in proceeds from the royalty portfolio within 6 years (excluding Eskay Creek)
Eskay Creek | Bullfrog Gold | Sanutura | ||
(South Houndé) | ||||
0.5% NSR | 2.0% NSR | |||
1.0% - 2.0% NSR | ||||
Lagunas Norte | Central Musgrave | Maitland | ||
2.0% NSR on PMR | 1.5% NSR | 2.5% NSR | ||
2
ESKAY CREEK
Highlights
- RAPIDLY ADVANCING TOWARDS PRODUCTION
- ROBUST ECONOMICS
- PROLIFIC MINING JURISDICTION
- SIGNIFICANT EXPLORATION POTENTIAL
2022 Feasibility Study
AVG ANNUAL | LOM AVG | INITIAL | NPV & IRR |
PRODUCTION | AISC | MINE LIFE | ($1,700/oz Au) |
269,000 | $355 | 9 | C$1.4B |
oz gold | per ounce of Au | years | after-tax NPV5% |
7,412,000 | (net of silver by-product) | 50% | |
oz silver | after-tax IRR |
More information at skeenaresources.com
0.5% NSR
OPERATOR | LOCATION | STAGE |
Golden Triangle | Feasibility | |
BC | Completed |
Upcoming Catalysts
- H1 2023: Resource Update & Project Financing
- H2 2023: Updated Feasibility Study
3
BOLSTERED GROWTH PIPELINE
Bullfrog Gold | Lagunas Norte |
Sanutura
(South Houndé)
Beatty District, Nevada
2.0% NSR (1)
OPERATOR
- Augusta, led by Richard Warke, acquired the asset in 2020 and is rapidly advancing the project towards a production decision
- Measured and indicated resources of 1.2 Moz gold and 2.9 Moz silver and inferred resources of 0.3 Moz gold and 0.5 Moz silver
- Updated resource and PEA expected in Q4 2022 with a path to production by the end of 2024
- Recent acquisition of nearby Corvus Gold by AngloGold for $450 million
augustagold.com
La Libertad, Peru
2.0% NSR ON PMR
OPERATOR
- Lagunas Norte has produced over 10 Moz gold since 2005 and currently has reserves of 4.0 Moz gold and 9.9 Moz silver
- Royalty applies to the refractory sulphide ore project only (PMR) and has a cap of 1 Moz of gold sales and Boroo can repurchase the royalty for $16M in cash before July 1, 2023
- An updated technical report in 2021 showed a 22 year mine life producing an average of 147 koz gold per year
- Boroo is currently advancing the CMOP project which includes infrastructure for the PMR project estimated to begin in 2025
boroo.com.sg
Houndé Belt, Burkina Faso
1.0% - 2.0% NSR
OPERATOR
- 2 separate sliding scale royalties that apply to certain deposits of the Sanutura project, including the Tankoro deposit
- The royalty rate is 2% when the gold price is over $1,500/oz and each has a cap of 1 Moz of gold sales
- Tankoro is the flagship deposit with indicated resources of 0.6 Moz gold and inferred resources of 1.9 Moz gold
- Sarama is currently undergoing a 50,000m drill program and a PEA is expected by Q4 2023
saramaresources.com
(1) Royalty rate to be adjusted if the total royalty on any individual mining claim exceeds 5.5% but shall be a minimum 0.5% on any individual mining claim
4
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Maverix Metals Inc. published this content on 02 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 November 2022 11:34:22 UTC.