A World Class Streaming and Royalty Company
RGLD Nasdaq 85.38 -0.28 -0.33% Volume: 422,008 November 17, 2017
Current Gold Price 1292.25 -2.87 -0.22% Volume: November 20, 2017
rainy-river

Rainy River

Ontario, Canada

Interest: 6.5% payable gold1,2
60% payable silver1,2
Operator: New Gold

The Rainy River Project is a surface and underground mine and mill development project centered within the Richardson Township in northwestern Ontario, approximately 100 miles south of Kenora and 260 miles west of Thunder Bay.

  • Rainy River MineRainy River Mine
     
Reserves (December 31, 2016): 3
  • 3.943M oz. gold
  • 10.003M oz. silver

Actual Royalty Production CY2016: 4

  • N/A

Footnotes:

  1. This is a metal stream whereby Royal Gold is entitled to 6.5% of the gold produced until 230,000 ounces have been delivered, 3.25% thereafter; and 60% of the silver produced until 3.1 million ounces have been delivered, 30% thereafter.
  2. This is a metal stream whereby the purchase price for gold or silver ounces delivered is 25% of the spot price per ounce of gold or silver.
  3. At a gold price of $1,250 per ounce and a silver price of $15.00 per ounce.
  4. Commercial production achieved October 2017.
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