Arthur Gold Silver Project — Altius Minerals

Project information

Type: Royalty

Aggregation level: Asset

Status: Development

Report standard: Sec S K 1300

Ownership %: 100

Operator: No

Operator name: AngloGold Ashanti plc

Country: United States

Region: Nevada

Geological province: Walker Lane

Interest conditions: 0.5% net smelter return royalty over claims within the Arthur Gold project (Silicon and Merlin deposits) near Beatty, Nevada, under a royalty agreement dated Feb 20, 2015; Altius previously held 1.5% and sold a 1.0% NSR to a subsidiary of Franco-Nevada in 2025 for US$275 million; the royalty extent was confirmed by a binding arbitration award on Aug 14, 2025; operated by AngloGold Ashanti.

Description

Altius 0.5% NSR royalty over AngloGold Ashanti's Arthur Gold project (Silicon and Merlin oxide gold deposits) in the Walker Lane belt near Beatty, Nevada. A February 2026 pre-feasibility study declared a maiden Probable reserve at Merlin; mineralization is predominantly oxide (over 95%) with a conventional heap-leach/CIL flowsheet, AISC estimated at about US$954/oz and initial capital of about US$3.6 billion.

Royalty interests

Multiple effective dates · exclusive

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Reserves & resources — detail

Multiple effective dates