Gold Price: $1,924/oz
Last: 2.97
Change: -0.08
Last: 2.20
Change: -0.06

Dry Creek

Asset Summary

Asset Dry Creek
Interest A$0.73/g gold per tonne of ore (eg. A$1.46/tonne treated for 2.0g/t gold ore) – an effective 0.85% net smelter return royalty
Commodity Gold
Location Western Australia
Stage Producing
Counterparty RNC Minerals (TSX:RNX) – renamed Karora Resources (TSX:KRR)
Additional Notes The Royalty was created in 1992 and is a tonnage-based royalty with escalators for gold grade mined and the spot Australian dollar-denominated gold price. The base gold price set in the 1992 royalty agreement was A$435/ounce (A$14/gram).

Asset Highlights

Subscribe to our Newsletter