Projects & Royalties

Hampton Nickel

Project: Hampton Nickel
Commodity: Gold
Royalty: A$10/oz +A$1m discovery bonus >250koz
Subsidiary: Altus Royalties Holdings Ltd
Location: Australia
Deposit Style: Kambalda type komatiitic nickel ore deposits
Key Attributes: Package of 8 tenements located west of Northern Star's SKO operations
Asset Stage: Early-stage exploration
Results: Pre-resource stage
Next Phase of Work: Exploration
Deal Partner: Gold Fields / BHP
Deal Terms: Acquired from Newcrest

Project Overview

The Hampton Nickel project covers several exploration tenements adjacent Northern Star's SKO operations in Western Australia. While there are a number of other operating mines in the region (including the Cave Rocks underground gold mine, the Mt Marion lithium mine and the former Samphire gold mine), these tenements have yet untested exploration potential. Cave Rocks forms part of Gold Fields significant St Ives operations located to the south west.  

Royalty Overview

Altus owns 80.1% of an uncapped Production Royalty equal to A$10 per ounce produced from a package of eight tenements. The Company also owns 80.1% of a Discovery Royalty with A$1 million payable for each new ore body on the royalty tenement package with a reserve greater than 250,000 oz of gold.

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