The West Timmins mine was acquired by Tahoe Resources from Lake Shore Gold in April 2016. The West Timmins mine is the flagship mine in the district for Tahoe. Metalla has a 1.5% Royalty on the Wallingford claim which lies on the extension of the Timmins Deposit. The Timmins deposit plunges towards the NW onto Metalla Royalty Claims and will cross the boundary at depth.
- 1.5% NSR on the West Timmins extension properties, owned by Tahoe, subject to a buyback of 0.75% for $750,000
Location: Timmins Ontario, Canada
Project Status: Producing
Production: 50,000 ounces Au annually
Grade: 4.5 gpt Au
Counterparty: Tahoe Resources (TAHO:NYSE)