Ruby Hill

Operator: i-80 Gold Corp.

Location: Nevada, United States

Royalty: 3.0% NSR (all metals)

Term of Royalty: Life of Mine

Ruby Hill is an open-pit, heap leach gold mine, owned and operated by i-80 Gold Corp. (“i-80 Gold”). Ruby Hill is located in Eureka County, Nevada, approximately 2 kilometers northwest of the town of Eureka, along the southeastern end of the Battle Mountain-Eureka gold trend.

Ruby Hill is an open-pit mine with primarily oxide material. Ore processing includes on-site gold recovery by zero discharge heap leach and carbon column facilities. Royal Gold is currently receiving revenue from residual heap leach recovery operations.