Versamet Royalties to acquire 3.52% gold stream at Eskay Creek gold-silver project
Versamet Royalties signed a definitive agreement to acquire a 3.52% gold stream related to the Eskay Creek gold-silver project in British Columbia, Canada. The gold stream was acquired from funds managed by Orion Resource Partners and affiliates of Blackstone. This acquisition expands Versamet Royalties' portfolio of precious metals streams, adding exposure to a material gold-silver asset in a mining-friendly jurisdiction. The Eskay Creek project is a high-grade volcanogenic massive sulphide deposit with a history of past production. This transaction is expected to enhance Versamet Royalties' future revenue streams from gold production.
Counterparts (3)
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- 3.52% gold stream
- Eskay Creek gold-silver project
- British Columbia, Canada
- Orion Resource Partners and affiliates of Blackstone
- Approximately $8.5 billion under management
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