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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 23, 2024 7:04pm
70 Views
Post# 36194209

NRC's Strategic Royalties for Golden Triangle Projects

NRC's Strategic Royalties for Golden Triangle Projects

Nations Royalty Corp. (Ticker: NRC.v) is a pioneering Indigenous royalty company that has strategically positioned itself within the mining and royalty sector by securing significant royalty interests in some of British Columbia's most promising mining projects, particularly within the renowned Golden Triangle.

The Golden Triangle is an area rich in mineral potential, boasting historical discoveries like the Premier Gold Mine, Snip Mine, and Eskay Creek, which have produced millions of ounces of gold and silver.

NRC’s royalty portfolio includes interests in major projects in the region such as the Brucejack Mine, Premier Mine, Red Mountain, KSM, and Kitsault.

r/PennyStocksCanada - Nations Royalty's (NRC.v) Strategic Royalties for Key Projects in the Golden Triangle, Leveraging the Region's High-Grade Mining and Infrastructure Expansion

These projects are at the heart of the Golden Triangle's mining resurgence, driven by higher gold prices and significant improvements in infrastructure, including a new high-voltage transmission line, enhanced road access, and new port facilities.

These developments have made the region more accessible and economically viable for large-scale mining operations.

The potential of the projects NRC has royalty interests in are notable. For instance, the KSM project, owned by Seabridge Gold, is one of the largest undeveloped gold projects globally, with substantial reserves of gold and copper. 

Similarly, the Brucejack Mine has been a standout performer in the industry, producing gold at impressive rates. 

NRC’s royalties on these projects offer exposure to some of the richest mineral deposits in the world, positioning the company to benefit significantly from the ongoing exploration and production activities in the Golden Triangle.

By securing these royalty interests, NRC not only empowers First Nations communities by diversifying royalties from Benefit Agreements but also offers investors access to an underexplored yet highly lucrative sector.

 With a strong financial position, including C$8.5 million in cash and no debt, NRC is well-prepared to capitalize on the growth potential in the Golden Triangle.

More on the Golden Triangle here: https://www.mining.com/web/the-story-of-the-golden-triangle-in-british-columbia/

Posted on behalf of Nations Royalty Corp.

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