The Salares Norte gold mission is positioned within the Atacama area of northern Chile. (Picture courtesy of Gold Fields Chile.)
Triple Flag Treasured Metals (TSX: TFPM) introduced Friday the acquisition of three pre-existing royalties on properties positioned close to Gold Fields Ltd.’s Salares Norte mission in Chile. Complete consideration for the royalties was $4.9 million.
The royalties, which comprise 2% internet smelter returns on every of the Aster 2, Aster 3 and Helada properties, had been beforehand held by a non-public third social gathering. These properties cowl potential exploration floor that Gold Fields has been exploring.
