Operator: Kutcho Copper Corp.
Location: British Columbia, Canada
Royalty: 2.0% NSR (all metals)
Term of Royalty: Life of Mine
Kutcho Creek is a copper project, owned by Kutcho Copper Corp. (“Kutcho Copper”). Kutcho Creek is located in northern British Columbia, approximately 8 kilometers east of Kutcho Creek and 100 kilometers east of Dease Lake.
In November of 2021, Kutcho Copper announced the results of a Feasibility Study (FS) for the Kutcho Copper Project. Open-pit mining will be by conventional truck and loader methods and underground mining will be carried out using longitudinal long-hole open stoping methods. Ore will be processed at a rate of 4,500 tonnes per day. The next steps are to advance permitting with the objective of getting to a positive construction decision.
In 2025, Kutcho intends to advance near resource and greenfields exploration targets, evaluate opportunities identified in the FS through detailed engineering, and continue de-risking and advance the project towards a construction decision.
Royal Gold holds a 2.0% net smelter return (NSR) royalty on all metals produced from areas subject to our royalty interest at Kutcho Creek.
Royal Gold acquired this royalty interest effective October 1, 2008, as part of the acquisition of a royalty portfolio from Barrick Gold Corporation.