| Risk and valuation analysis of the TULSEQUAH Chief Project |
| Status Risk : Mine development |
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| Title(s) of the TULSEQUAH Chief Project |
 | Redcorp Ventures Ltd.
Owner: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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 | Franco Nevada Corp.
Purchasing Contract: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Gold
Upfront Payment US$90 million payment paid according to permitting requirements and construction milestones
Ongoing Payment Ongoing payment the lesser of US$400(1) per ounce of gold or prevailing gold spot price
Total Payable Metals Purchased 100% of life of mine production from Tulsequah Chief mine and Big Bull deposit
Other Redcorp transaction will follow the FNX transaction |
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| Location of the TULSEQUAH Chief Project |
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The Tulsequah Chief project is located at latitude 58°43'N and longitude 133°35'W, on the Tulsequah River in northwestern British Columbia. The property is located 100 kilometres south of the town of Atlin, BC, (N 59°35'N, 133°40'W), the nearest Canadian community
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| History of the TULSEQUAH Chief Project |
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Both the Tulsequah Chief and Big Bull mines operated from 1951 - 1957 by Cominco Ltd. Production at the time was 482 tonnes per day and was a season operation using conventional barging to transport concentrate and supplies. Both mines were shut down more...
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