Operator: Nevada Gold Mines LLC

Location: Nevada, United States

Royalty: 1.8% NSR (all metals)

Term of Royalty: Life of Mine

Leeville is an underground gold mine in the Carlin Complex, owned and operated by Nevada Gold Mines LLC, a joint venture between Barrick Gold Corporation (“Barrick”) (61.5%) and Newmont Corporation (38.5%). Leeville is located in northeastern Nevada, approximately 15 kilometers northwest of the town of Carlin and 50 kilometers west-northwest of Elko.

Mining at Leeville started in 2005. Leeville utilizes two main mining methods for ore extraction: underhand drift-and-fill, and long-hole stoping. Gold mineralization in the Leeville complex is refractory. Leeville ore is processed in the Carlin Complex roasters or autoclaves.