Detour DNA

Summary:

Metalla Royalty owns a 2% NSR Royalty to the west of the Detour Lake Mine. Detour is a large open pit gold mine which has produced more than 5 Million ounces of gold since 1983. Detour hosts a mine life of approximately 22 years with an average gold production of 659koz per year. Detour Lake's greenstone-hosted orogenic lode gold mineralization straddles the Sunday Lake Deformation Zone which extends 30 kilometres on the property striking East to West. Kirkland Lake has guided $40 - $45 million of exploration expenditure at Detour Lake for 2021.

Interest: 2.0% Net Smelter Return Royalty

Location: Northeastern Ontario

Project Status: Exploration

Counterparty: Kirkland Lake Gold

Kirkland Lake Gold Detour Lake Mine

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