Relief Canyon

Operator: Americas Gold and Silver Corporation

Location: Nevada, United States

Royalty: 2.0% NSR (all metals)

Term of Royalty: Life of Mine

Relief Canyon encompasses an open-pit mine and heap leach processing facility, owned by Americas Gold and Silver Corporation (“Americas Gold and Silver”). Relief Canyon is located at the southwestern flank of the Humboldt Range in Pershing County, Nevada, approximately 25 kilometers east-northeast of Lovelock and 160 kilometers northeast of Reno.

On August 31, 2021, Americas Gold and Silver suspended mining operations at Relief Canyon. Gold continues to be produced through re-leaching activities. Americas Gold and Silver is currently exploring options for the asset.