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Lincoln Gold Royalty
Trident owns a 0.75% NSR royalty over Seduli' Gold’s Lincoln Gold Project located in California, USA.
Advanced
Trident owns a 0.75% NSR royalty over Seduli' Gold’s Lincoln Gold Project located in California, USA.
The Lincoln Gold Mine is the only permitted project and processing plant on the Californian Mother Lode which has historically produced over 13Moz of gold including 3.4Moz from areas directly covered by the NSR. The project is permitted to a maximum of 1,000tpd, leaving it well placed to exploit the significant exploration potential of the region.
The NSR includes a 5-mile area of interest which spans the majority of the Mother Lode. The NSR is fully secured by the project assets and reduces to a 0.375% NSR in perpetuity once the royalty has paid US$3M.
February 2024
Seduli Gold noted it is progressing toward an IPO on the Australian Stock Exchange, targeting H1 2024, with an associated capital raise to accelerate activities at the Lincoln Gold Project.
Location | USA |
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Operator | Seduli Holdings (Australia) Ltd. |
Commodity | Gold |
Mining Type | Underground |
Stage | Advanced |
Measured & Indicated | 0.14Mt @ 13.75gpt Au |
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Inferred | 0.82Mt @ 8.54gpt Au |
Total | 0.96Mt @ 9.27gpt Au |
Source: Capital IQ