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Nations Royalty Corp V.NRC

Alternate Symbol(s):  NRYCF

Nations Royalty Corp is a Canada-based indigenous royalty company, which specializes in mining royalty. The Company is focused on creating royalty diversification for First Nations. The Company’s assets include Brucejack Mine, Premier gold project, Red Mountain Project, KSM project, and Kitsault project. The high-grade Brucejack gold mine is operated by Pretium Resources Inc., a wholly owned indirect subsidiary of Newmont Corporation, a large underground gold mine in Canada. The KSM project is a copper-gold-silver-molybdenum deposit. The Kitsault Molybdenum deposit is a large, fully permitted brownfield site.


TSXV:NRC - Post by User

Post by 1StockInformeron Aug 19, 2024 7:03pm
39 Views
Post# 36186906

How NRC.v is Establishing Itself w/ a First-Mover Advantage

How NRC.v is Establishing Itself w/ a First-Mover Advantage

Nations Royalty Corp. (Ticker: NRC.v) is making waves as a pioneering force in the Indigenous royalty sector, leveraging a unique first-mover advantage. The company has positioned itself strategically to unlock substantial value from royalties held by Indigenous groups across Canada. 


Recent insights from Kody Penner (VP of Corporate Development) and Derrick Pattenden (Chief Investment Officer) in a Kitco Mining interview reveal Nations Royalty’s ambitious vision and robust asset portfolio.


Strategically, Nations Royalty focuses on tier-one assets in stable jurisdictions, offering a competitive edge over smaller royalty companies. The company is committed to aligning with Indigenous communities through fair agreements and providing economic opportunities, which helps mitigate risks associated with community opposition.


As highlighted in the interview, Nations Royalty’s core assets are supported by five Nisga’a Benefits Agreement Royalties, totaling a net asset value of $214 million. 

  • Brucejack Gold Mine: Major high-grade gold revenue generator.

  • KSM Project: Large, undeveloped deposit with copper, gold, silver, and molybdenum.

  • Premier Gold Project: Commenced production in April 2024, with full commercial production expected in Q3 2024 under Ascot Resources.

  • Red Mountain Gold Deposit: Adjacent to Premier Mine, also managed by Ascot Resources.

  • Kitsault Molybdenum Deposit: Large, fully permitted brownfield site.


Looking ahead, the Golden Triangle region, where NRC’s assets are concentrated, is set for further development. Key milestones include Ascot Resources reaching commercial production at the Premier Gold Project and Seabridge Gold advancing the KSM Project. Infrastructure improvements, such as the $195 million allocated for Highway 37 upgrades, are expected to boost the region’s growth prospects.


Overall the interview highlights how Nations Royalty is poised to transform Indigenous royalties into major economic drivers, creating significant benefits for both investors and Indigenous communities across Canada.



Posted on behalf of Nations Royalty Corp.

 
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