Back River

Nunavut, Canada

Royalty rate and type:	1.95% NSR ^1,2 2.35% NSR ^1,2 (gold)
Operator:	Sabina Gold and Silver

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Royalty Disclaimers

The Back River Gold Project is a surface and underground gold mine located in southwestern Nunavut, approximately 323 miles northeast of Yellowknife and 46 miles southwest of Bathurst Inlet.

Back River

Reserves (August 15, 2015): ³

2.503M oz. gold⁴

Estimated production start-up:

Not available

Footnotes:

Royalty rate is 1.95% on Goose Lake and 2.35% on George Lake.
Royalty on Goose Lake applies to production above 400,000 ounces. Royalty on George Lake applies to production above 800,000 ounces.
At a gold price of $1,250 per ounce.
Reserves reported for Goose Lake only.

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