Summary:
Saddle North is a gold-rich copper porphyry deposit located in the Golden Triangle in northwest British Columbia, Canada. Before being acquired by Newmont in 2021, Saddle North was owned by GT Gold Corp. (“GT Gold”), which published a maiden resource estimate for Saddle North in 2020, which included 1.81 billion pounds of copper, 3.47 million ounces of gold, and 7.58 million ounces of silver contained in Indicated Resources, and 2.98 billion pounds of copper, 5.46 million ounces of gold, and 11.64 million ounces of silver contained in Inferred Resources.
Saddle North is adjacent to Newmont's Red Chris and Brucejack mines in the Golden Triangle.
Interest: 0.25% Net Smelter Return Royalty
Location: Golden Triangle, British Columbia
Project Status: Development
Counterparty: Newmont Mining (NYSE: NEM)
