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.
Royal Gold holds a 2.0% net smelter return (NSR) royalty on all metals produced from 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.