Business
Permit Milestone on 47-Million Ounce KSM Gold Deposit is Positive News for Nations Royalty
(TheNewswire) Vancouver, BC – August 12, 2024 – TheNews w ire –...
About this update from Nations Royalty Corp.
[{"type":"text","content":"Permit Milestone on 47-Million Ounce KSM Gold Deposit is Positive News for Nations Royalty\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Vancouver, BC – August 12, 2024 –\nTheNews\n \n\n w\n \n\n ire – Global\nStocks News – Disseminated on\n \n\n behalf of\nNations Royalty.\n \n\n On July 30, 2024 Nations\nRoyalty (TSXV: NRC) announced that\n \n\n the\ngovernment of BC has\n \n\n\n granted ‘Substantially Started’\ndesignation for Seabridge Gold’s KSM Project\n \n\n\n , located in the Golden Triangle of northwest British\nColumbia.\n \n\n\n\n NRC owns a significant royalty on the KSM\nproject.\n \n\n\n\n NRC’s corporate goal is to grow into a\n \n\n top global royalty company\n \n\n , specializing in\n \n\n Indigenous-owned royalties\n \n\n and revenue streams\nin precious metals and critical minerals, oil and gas and renewable\nenergy.\n \n\n\n\n The\n \n\n Nisga’a own 76.8% of NRC\nand have a controlling presence on the board.\n \n\n\n\n “KSM is the world’s largest undeveloped gold\nproject as measured by reserves and resources,” Nations Royalty CEO\nRob McLeod told Guy Bennett, the CEO of Global Stocks News (GSN).\n“It is a Tier One project, well balanced between base and precious\nmetals.\n \n\n\n\n “The project has the potential to be a cornerstone\ncash flowing asset for Nations Royalty,” added McLeod.”\n \n\n\n\n “We look forward to all groups continuing to work\ntogether to advance the KSM Project and fruitful outcomes to\nSeabridge’s joint venture discussions,” stated Kody Penner, VP of\nCorporate Development for Nations Royalty.\n \n\n\n\n “Our Payment Entitlement, on the large, long-life\ncopper-gold-silver-molybdenum Deposit, is a core piece of the\nfoundation for the future success of Nations Royalty,” added\nPenner.\n \n\n\n\n\n\n\n\n Click Image To View Full Size\n \n\n\n\n \"This is\n \n\n a\nsignificant regulatory milestone for the KSM Project\n \n\n , positioning it to become a multigenerational economic\nanchor for northwestern BC,”\n \n\n\n stated Seabridge Chairman and CEO Rudi\nFronk\n \n\n\n .\n \n\n\n\n “KSM's large copper reserve can contribute to meeting\nNorth America's technology, defense, and security objectives,&#...