Royalty Overview

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

Project Overview

The Turquoise Ridge gold project is located in Humboldt County, Nevada at the intersection of the Getchell and Battle Mountain Trends within the Turquoise Ridge Complex (including Twin Creeks) operated by Nevada Gold Mines and proximal to the producing Granite Creek gold mine operated by i-80 Gold Corp. (“i-80”). The Turquoise Ridge Complex consists of the Turquoise Ridge Underground, Vista Underground, Turquoise Ridge Surface (formerly Newmont’s Twin Creeks mining complex), the Izzenhood leach pad, and the Juniper and Sage mills.

Gold Royalty’s coverage by the NSR is south of the first and second Turquoise Ridge underground shafts, currently outside the area of operations. The Turquoise Ridge Complex produced approximately 500,000 gold ounces in 2022 with potential to expand operations towards Gold Royalty’s area of interest, resulting in significant future upside potential.