GREY:ATNAQ - Post by User
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jsnfernleyon Aug 28, 2007 12:24am
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Yukon Zinc Secures Financing for Wolverine
Yukon Zinc Secures Financing for WolverineWhat does this have to do with Atna? Atna holds a sliding scale net smelter royalty (NSR) on the precious metals from the Wolverine mine. At present prices the NSR is 10% on gold and silver only. Production of 4.9m ounces of silver and 20,200 ounces of gold are anticipated in the early years of the mine.