A World Class Streaming and Royalty Company
RGLD Nasdaq 71.01 +0.00 +0% Volume: 532,100 February 21, 2017
Current Gold Price 1238.47 +2.70 +0.22% Volume: February 22, 2017
pinson

Pinson

Nevada, United States

Royalty rate and type: (gold)
Operator:  Waterton Precious Metals Fund

The Pinson mine, formerly operated as a surface mining facility, is now being developed for underground production in addition to expansion of the surface operation. It is located in northern Nevada, approximately 27 miles northeast of Winnemucca.

  • Pinson Mine Tour Jan 2012Pinson Mine
     
Section 29:
  • 3.0% NSR - Cordilleran 1, 2
  • 2.94% NSR - Rayrock 1, 3
Reserves (December 31, 2014): 4
  • 0.483M oz. gold
Actual Royalty Production CY2015:
  • 7,100 oz. gold

Footnotes:

  1. Royalty only applies to Section 29 which currently holds about 95% of the reserves reported for the property.
  2. An additional Cordilleran royalty applies to a portion of Section 28.
  3. Additional Rayrock royalties apply to Sections 28, 32 and 33; these royalty rates vary depending on pre‑existing royalties. The Rayrock royalties have a 200,000 ounce threshold that must be met in the pre‑existing open pits before they become payable. As of March 31, 2016, approximately 103,000 ounces have been produced from existing pits.
  4. At a gold price of $1,300 per ounce.

 

  |