The Emigrant Springs mine is located in the Carlin Trend in Nevada, U.S.A. and is owned and operated by Newmont Mining Corp. Emigrant Springs is an open pit, heap leach operation that reached commercial production during the third quarter of 2012. The mine is expected to produce between 70,000 and 80,000 ounces of gold per year.
Terms
Sandstorm has a 1.5% net smelter returns royalty on the Emigrant Springs mine. The royalty was previously owned by Premier Royalty Inc., a company that Sandstorm acquired in October, 2013.
