FC
Sudbury
Project information
As at 31 December 2024
Type:
Stream
Type:
Stream
Aggregation level:
Asset
Aggregation level:
Asset
Status:
Operating
Status:
Operating
Report standard:
Ni 43 101
Report standard:
Ni 43 101
Ownership %:
100
Ownership %:
100
Operator:
No
Operator:
No
Operator name:
Magna Mining Inc.
Operator name:
Magna Mining Inc.
Extraction:
Underground
Extraction:
Underground
Country:
Canada
Country:
Canada
Region:
Ontario
Region:
Ontario
Geological province:
Sudbury Igneous Complex
Geological province:
Sudbury Igneous Complex
Interest conditions:
50% of precious metals contained in ore produced from the footwall portions of McCreedy West, Levack and Podolsky. Ongoing payment of 60% of spot price when gold exceeds $1,333/oz (capped at $1,200/oz).
Description
As at 31 December 2024
Franco-Nevada 50% precious metals stream on the McCreedy West, Levack and Podolsky mines in the Sudbury basin of Ontario operated by Magna Mining Inc. The footwall deposits are primarily rich in palladium followed by platinum and gold.
Stream interests
As at 31 December 2024 · inclusive
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Reserves & resources — detail
As at 31 December 2024
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Royalties & streams
All royalty and stream interests in the database that refer to this asset by name.
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