Investments


NexGen Energy owns and operates the Arrow uranium deposit located in Saskatchewan, Canada; Arrow is the world’s largest to-be developed high grade uranium deposit


Contango Ore is a U.S. gold development company that owns a 30% interest in Peak Gold LLC. Peak Gold LCC, operated by 70% partner Kinross Gold, is developing the Manh Choh gold deposit in Alaska. Manh Choh is anticipated to produce in excess of 1 million ounces over a 4.5 year mine life with first gold production scheduled for 2024.



IsoEnergy owns and operates the Hurricane Zone uranium discovery located in Saskatchewan, Canada; Hurricane is the most exciting uranium discovery since NexGen’s discovery at Arrow in 2014

Queen’s Road Capital Announces Completion of IsoEnergy Investment



Adriatic Metals Plc is a precious and base metals development company that owns the Vares silver project in Bosnia & Herzegovina. Adriatic’s Pre-Feasibility Study at Vares are some of the strongest returns in the industry. The study indicated a NPV8 of US$1.04 billion and an IRR of 113%


Los Andes Copper owns 100% of the Vizcachitas project, one of the largest advanced copper deposits in the Americas. Vizcachitas is to become Chile’s next major copper mine.


 

Challenger Exploration Ltd. (ASX: CEL) is a gold exploration and development company that owns the Hualilan gold project located in San Juan Province, Argentina. In June 2022, Challenger released a maiden resource of 2.1 million ounces at Hualilan, half of which is contained in a high-grade skarn component (6.3 million tonnes at 5.6 g/t Au equivalent).

Gold Royalty is one of the fastest growing precious metals focused royalty and streaming companies having aggressively grown its portfolio of royalties to over 240 assets. The majority of the Gold Royalty portfolio is anchored in some of the best mining jurisdictions in the world: Quebec, Ontario and Nevada and its cornerstone royalties are on long-life assets operated by some of the largest global gold mining companies. Three of its key assets are: a 3.0% NSR royalty on portions of the Canadian Malartic mine operated by Agnico Eagle in Quebec, a 0.75% NSR royalty on portions of IAMGOLD’s Côté Gold project located in Ontario, and a 1.5% NSR plus a 3.5% NPI on Nevada Gold Mines’ REN gold project.

Moxico is an unlisted public mining company whose flagship asset is the Mimbula copper mine in Zambia. Mimbula was commissioned in December 2022 with annual production capacity of 10,000 tonnes per annum of copper through a heap leach and solvent extraction and electrowinning (SX/EW) plant. Mimbula is currently producing above nameplate capacity reaching 16,000 tonnes per annum in Q2-2024 at a cash cost of around US$1.25 per pound of copper, and at current production levels generating EBITDA in excess of US$8 million per month.