Côté Gold

Operator: IAMGOLD Corporation

Location: Ontario, Canada

Royalty: 1.0% NSR (all metals)

Term of Royalty: Life of Mine

The Côté Gold Project is an open-pit development project owned 92.5% by a joint venture between IAMGOLD Corporation (“IAMGOLD”) and Sumitomo Metal Mining Co., and 7.5% by a third party. The project is operated by a wholly owned subsidiary of IAMGOLD. The project is located in the Chester and Yeo Townships, in the District of Sudbury in northeastern Ontario, approximately 125 kilometers southwest of Timmins and 175 kilometers north of Sudbury.

The operation will employ conventional open-pit truck and loader mining methods. The process circuit will include primary crushing, secondary crushing, high pressure grinding rolls (HPGR), ball milling, vertical milling, gravity concentration and cyanide leaching, followed by gold recovery by carbon-in-pulp (CIP), stripping and electrowinning (EW).