'Untapped opportunity in the royalty space" - NRC Interview
Untapped opportunity in the royalty space - Nations Royalty builds on Golden Triangle pipeline: https://www.youtube.com/watch?v=mKBRTa6NsvY
Boasting a first mover advantage, Nations Royalty (NRC.v) was launched on the TSXV with a portfolio of mineral royalties from the Nisga'a Nation, unlocking value in royalties held by Indigenous groups.
NRC was born from the vision of mining magnate Frank Giustra, who sees this as the last untapped royalty space and Northern BC mining executive Rob McLeod during a discussing with the Nishka leadership, realizing the substantial NAV of Indigenous royalties.
Formation and Purpose:
- Indigenous groups have secured royalties through legal precedents and impact benefit agreements tied to various assets, including mining and energy.
- Provides an investment platform for Canadian First Nations to monetize and diversify royalties and financial incentives from agreements with resource companies.
Key Figures:
- Net Asset Value: $214 million.
- Royalties: Five Nisa benefits agreement royalties.
Assets and Pipeline:
- Brucejack Gold Mine: Underground copper-silver mine & currently producing asset operated by Newmont.
- Premier Red Mountain Mine: Commercial production slated to begin in third quarter with first gold pour having occurred in April, operated by Ascot Resources
- Kitsault: Fully permitted and rare brownfield site focused on molybdenum being advanced by New Moly
- KSM Project: Largest undeveloped gold-copper project owned by Seabridge Gold.
Mining History:
- Golden Triangle: Rich history with significant past and present mining activities.
- Infrastructure: Improved with highways, hydro power, fiber optics, and a port.
Community Alignment:
- Importance of good relationships and agreements with Indigenous groups to avoid community pushbacks, ensuring mutual benefits and alignment with project goals.
Expansion Plans:
- Beyond the Golden Triangle, partnering with more Indigenous groups to expand asset base.
Value Proposition:
- First mover in the untapped Indigenous royalty space.
- Access to tier-one assets and a broad range of opportunities.
- Facilitating economic reconciliation and self-sufficiency for Indigenous groups.
- Unlocking significant value and potential in Indigenous royalties.
Leverage Indigenous-held royalties for greater economic development and diversification, NRC benefits both Indigenous communities and investors. Aspiring to become one of the top global royalty companies, NRC is on track to revolutionizing the mining and royalty space with its unique Indigenous-owned model.
For more information, refer to Kitco's companion article to the interview: https://www.kitco.com/news/article/2024-07-23/untapped-opportunity-royalty-space-nations-royalty-builds-golden-triangle
Posted on Behalf of Nations Royalty Corp.