Boundaries are approximate and for illustrative purposes only

Royalty Portfolio

Terraco holds 100% of the following core royalty assets (image is for illustrative purposes):

  1. up to a 3% NSR on a majority of the current resources of Spring Valley (claims above in red);
  2. a 1.5% NSR on a portion of Spring Valley on the north side of the resource (claims above in green);
  3. a 0.5% NSR within a one-half mile of the red claims and outlined in blue (not including the area in green);
  4. up to 2% NSR on the Moonlight Project (claims above in white)