Core Insights - Gold Royalty Corp. has expanded its portfolio to 250 assets, highlighted by the sale of the Spanish Moon Project to Kinross Gold Corporation while retaining a 3% net smelter return royalty [1][2] - The company's growth is attributed to four pillars: direct financing to operators, purchasing assets from third parties, acquiring established royalty companies, and generating royalties in-house [2][3] - The royalty generator model has been instrumental in achieving this milestone with low operating costs and minimal expenditure [3] Asset Updates - Borborema (2% NSR): Aura Minerals announced commercial production with the mill operating above 80% capacity and gold recoveries above 90% [4] - County Line (3% NSR): Fortitude Gold received all necessary approvals for the County Line open pit gold project, which is an expansion of the Isabella Pearl mine [4] - Granite Creek (10% NPI): i-80 Gold reported robust high-grade mineralization from its drilling program, indicating potential for resource expansion [4] - Tonopah West (3% NSR): Blackrock Silver updated mineral resource estimates, indicating significant silver equivalent resources [4] - Vareš (100% copper stream): DPM Metals completed the acquisition of Adriatic Metals and plans to optimize the Vareš mine's potential [4] Financial Growth - The company anticipates a 367% growth in gold equivalent ounces (GEO) by 2029, showcasing strong revenue growth potential [3] - The diversified portfolio is expected to provide long-term optionality into the next decade and beyond [3] Company Overview - Gold Royalty Corp. focuses on providing creative financing solutions in the metals and mining industry, aiming to build a diversified portfolio of precious metals royalty and streaming interests [6] - The company primarily holds net smelter return royalties on gold properties located in the Americas [6]
GOLD ROYALTY REACHES MILESTONE 250TH ASSET AND PROVIDES AN UPDATE ON SELECTED PORTFOLIO ASSETS