Operator: Kinross Gold Corporation
Location: Nevada, United States
Term of Royalty: Life of Mine
Gold Hill is an open-pit mine, owned and operated by Kinross Gold Corporation. The Gold Hill deposit is located 5 kilometers north of the Round Mountain pit, and is part of the overall Round Mountain operation, located in northern Nye County, Nevada. Operated as a satellite-mine to Round Mountain, Gold Hill has a separate run-of-mine leach pad which began operations in 2012.
Royal Gold holds a sliding-scale net smelter return (NSR) royalty on all metals produced from the M-ACE claims, as follows:
Royal Gold acquired the royalty interest over the M-ACE claims effective February 22, 2010, with the acquisition of International Royalty Corporation.