In a recent interview with The Deep Dive at the Precious Metals Summit 2024 in Beaver Creek, Robert McLeod, CEO of Nations Royalty Corp. (TSXV: NRC, OTCQB: NRYCF), shared insights into the mining industry and Nations Royalty's distinctive focus on indigenous-owned royalties.
The discussion emphasized the company's distinctive strategy of accessing a largely unexplored pool of indigenous royalties across Canada, with plans to expand globally. Additionally, McLeod explained the disconnect between rising gold prices and the stagnation of junior mining stock performance.
He emphasized that Nations Royalty's business model stands out by focusing on royalties owned by indigenous groups.*Their portfolio includes royalty interests in key assets such as the KSM project, the largest fully-permitted copper-gold deposit globally, and the Premier mine, which is currently in care and maintenance under Ascot's management. McLeod noted that while the pause in Premier's development will delay revenue generation, they remain confident in its future potential.
He also highlighted ongoing discussions with indigenous groups, with a focus on ensuring fair participation in the upside of mineral resource development. McLeod expressed optimism that by 2025, Nations Royalty will see significant developments, building on their existing portfolio and partnerships.
The company's vision is to become a top five global royalty company by leveraging its strong indigenous partnerships. McLeod pointed out that insiders, including himself, have been buying shares, reflecting confidence in the company's long-term potential.
Full interview here:
Posted on behalf of Nations Royalty Corp.