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Royalties

  • GGL retains two Royalty agreements with Mountain Province Diamonds (formerly Kennady Diamonds Inc., business combination completed April 13, 2018).
  • Royalties are within 2 to 15km of the Gahcho Kue Diamond Mine.
  • Royalties are on trend with Gahcho Kue Mine and the Kelvin-Faraday corridor.
  • 2013 Royalty 1.5% (0.5% buyback $2M) on 9 mineral leases covering 5,051 hectares.
  • 2016 Royalty 0.75% (0.25% buyback $1M) on 6 mineral leases covering 4,232 hectares.
  • 2013 Royalty includes the significantly diamondiferous Doyle kimberlite.

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