Young-Davidson Royalty

Royalty 1.5% NSR
Location Ontario, Canada
Asset Overview Underground mine
2017E Production 200-210 Koz
Resources P&P: 3.8Moz
M&l: 1.5Moz
Inferred: 0.3Moz

Centerra Gold holds a 1.5% net smelter return on the Young-Davidson Mine operated by Alamos Gold.

The Young-Davidson mine is an underground mining operation located in Northern Ontario, Canada. The property consists of contiguous mineral leases and claims totaling 11,000 acres, and is situated on the site of two past producing mines that produced one million ounces from 1934-1957.

Young-Davidson is Alamos Gold’s cornerstone asset with a low-cost, solid growth profile, a long mine life and significant exploration potential yet to be realized.