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Bullboard - Stock Discussion Forum 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... see more

TSXV:NRC - Post Discussion

Nations Royalty Corp > The Rich History and Future Potential of the Golden Triangle
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Post by 1StockInformer on Aug 21, 2024 7:15pm

The Rich History and Future Potential of the Golden Triangle

As highlighted in a recent Twitter Space with Shawn Khunkhun, the CEO and President of Dolly Varden Silver, the Golden Triangle is a very high-potential region for precious metals exploration with a rich production history. Listen: https://x.com/SilverVarden/status/1823203577235685670


This region's significance dates back to the early 20th century, with notable discoveries such as the Premier Gold Mine, which began operations in 1918 and was once called "one of the greatest silver and gold mines in the world."


With gold prices remaining high and modern discoveries like Seabridge's KSM project, the Golden Triangle is once again attracting significant interest from the mining sector. The combination of historical richness and modern advancements like improved infrastructure positions the Golden Triangle as one of the most promising regions for resource development globally.


Nations Royalty Corp. (Ticker: NRC.v) is tapping into this renewed interest in the Golden Triangle by securing royalty interests in some of the region's most significant projects.


As a pioneering force in the Indigenous royalty sector, NRC has strategically positioned itself to benefit from the ongoing developments in the Golden Triangle. 


The company's portfolio includes royalty interests in key projects such as the aforementioned KSM and the Premier Gold Projects—assets located on  Nisga’a Nation lands. 

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These royalty interests, totaling a net asset value of $214 million, provide NRC with exposure to 

high-grade gold revenue from the Brucejack Mine, potential future production from the large KSM deposit, and the newly operational Premier Gold Project. 


With continued advancements, such as Ascot Resources reaching full commercial production at the Premier Gold Project and Seabridge Gold's progress on the KSM Project, NRC is well-positioned to benefit from the Golden Triangle’s ongoing development. 


Additionally, infrastructure improvements, including the $195 million allocated for Highway 37 upgrades, are expected to further enhance the region's growth prospects, making NRC's involvement in these projects even more valuable.


More on the rich history and future potential of 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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