Gold and Silver Updates

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(in U.S. {dollars} until in any other case famous)

MONTREAL, Jan. 21, 2021 /CNW Telbec/ – Nomad Royalty Firm Ltd. (“Nomad” or the “Firm”) (TSX: NSR) (OTCQX: NSRXF) is happy to announce its preliminary gold and silver deliveries and gross sales from its royalty, stream and gold mortgage pursuits:

Preliminary Steel Deliveries


Steel Deliveries Attributable to Nomad


Ounces

Q1 2020

Q2 2020

Q3 2020

This autumn 2020

2020



Gold – Premier Gold Prepay Mortgage

2,450

2,450

900

900

6,700


Gold – Royalty and Stream Pursuits(1)

1,677

1,686

2,200

1,846

7,409


Silver – Stream Pursuits

43,963

56,254

52,616

64,568

217,401









Gold equal ounces(2)

4,597

4,654

3,769

3,587

16,607


Preliminary Steel Gross sales


Steel Gross sales Attributable to Nomad


Ounces

Q1 2020

Q2 2020

Q3 2020

This autumn 2020

2020



Gold – Premier Gold Prepay Mortgage

2,450

2,450

900

900

6,700


Gold – Royalty and Stream Pursuits(1)

1,677

1,521

2,365

1,846

7,409


Silver – Stream Pursuits

127,946

56,254

52,616

64,568

301,384









Gold equal ounces(2)

5,493

4,491

3,933

3,587

17,504


The Firm realized preliminary revenues of $6.8 million through the three-month interval ended December 31, 2020 ensuing from 3,587 gold equal ounces(2) offered. Preliminary revenues for the 12 months ended December 31, 2020 and money acquired from the Bonikro gold stream as per the vend-in transactions closed on Could 27, 2020 totalled $29.9 million.

As per the vend-in transactions closed on Could 27, 2020, Nomad was entitled to funds made in respect of the acquired property since January 1, 2020. As such, the preliminary gold and silver deliveries and gross sales above for the three-month intervals ended March 31, 2020, June 30, 2020 and the 12 months ended December 31, 2020 embrace cost obtained on the closing of the vend-in transactions.

Asset Updates and Current Developments:

Robertson Timeline to First Manufacturing Introduced: On November 20, 2020, Barrick Gold Company (“Barrick”) introduced throughout their investor day presentation that Robertson was now included inside the 5-year plan at Cortez, with first manufacturing anticipated in 2025. As per present steering, Cortez is forecasted to supply 750,000 to 850,000 ounces yearly from 2021 to 2025. Moreover, on the exploration entrance, Barrick will likely be conducting drilling applications at Robertson and provoke earlier stage generative exploration work on the Pipeline-Robertson hall.

Nomad owns a sliding scale 1 – 2.25% web smelter return (“NSR”) royalty on all claims that kind a part of the Robertson property.

Blyvoor Operations Ramping Up:  Blyvoor Gold Capital Pty (“Blyvoor Gold”) continues to ramp up mining operations at Blyvoor. Blasting actions at the moment are totally operational and happening each day. The method plant development is full and ore processing has commenced. A technical report in reference to the Blyvoor mineral useful resource is predicted to be accomplished within the first half of 2021.

Nomad owns a ten% gold stream on the Blyvoor gold mine on the primary 160koz of gold manufacturing inside a calendar 12 months, and 5% on any further gold manufacturing inside the calendar 12 months. Following the supply of 300 koz of gold to Nomad beneath the settlement, the stream proportion shall be 0.5% on the primary 100koz of manufacturing inside a calendar 12 months till 10.32 million ounces of gold manufacturing on the Blyvoor gold mine. Nomad will make ongoing funds of $572/oz for every ounce of gold delivered beneath the contract.

Mercedes Acquired by Equinox Gold: On December 16 2020, Equinox Gold Corp. (“Equinox”) introduced the pleasant acquisition of Premier Gold Mines Restricted (“Premier”). Equinox will change into the operator of the Mercedes mine and has indicated there’s growth potential to extend manufacturing to 80,000 to 90,000 ounces of gold yearly. Equinox operates seven mines globally, could be very effectively capitalized and is led by a good administration group which we anticipate may have the flexibility to drive additional productiveness will increase on the mine web site.

Nomad owns a 100% silver stream on the silver manufacturing from the Mercedes Mine and 100% on the silver manufacturing from the South Arturo Mine attributable to Premier (40% attribution), till a complete of three.75 million ounces of refined silver have been delivered, after which the stream proportion reduces to 30%. The silver stream is topic to minimal annual supply of 300,000 ounces of refined silver till the cumulative supply of two.1 million ounces. Nomad will make ongoing funds equal to twenty% of the prevailing silver market value for every ounce of silver delivered beneath the contract.

South Arturo Silver Useful resource Progress: Nevada Gold Mines had one other distinctive 12 months with manufacturing exceeding finances by over 30%. The robust efficiency was pushed by greater manufacturing charges that averaged 694 tonnes per day processed. On January 19, 2021, Premier printed a preliminary feasibility research on South Arturo which outlined an 18-year mine life and was primarily based on a mineral useful resource estimate at December 1, 2020 which included Nomad attributable reserves of 1.9 million ounces of silver (3.8Mt at 15.23g/t), measured and indicated sources of 4.0 million ounces of silver (20.0Mt at 6.19g/t) and an inferred mineral useful resource of 1.8 million ounces of silver (10.1Mt at 5.47g/t).  In 2020, drill applications have been accomplished at El Nino, with preliminary outcomes suggesting the potential to develop underground sources and prolong the mine life. A brand new mineral useful resource estimate will likely be accomplished in 2021 following receipt of all 2020 drilling outcomes.

Moss Expands Drill Program: Northern Vertex Mining Corp. (“Northern Vertex”) is conducting an aggressive exploration program with 3 drill rigs onsite to develop the useful resource with the purpose at extending the mine life and testing district scale targets. Current outcomes intersected excessive grade on the Ruth Vein goal, widespread mineralization inside the Gold Bridge and West Extension targets situated 1.5km west of the pit, and related Moss pit mineralization on the West goal. Part II drilling program was initiated in November 2020 and can prolong to February 2021, Part II will deal with the high-grade Ruth Vein goal, useful resource infill at Gold Bridge and goal new discoveries inside in depth stockwork gold and silver mineralization each on strike and at depth on the Moss Mine. The mixed Part I and II drilling applications will whole 32,000 meters.  Along with the multi-phased exploration program, Northern Vertex continued to efficiently implement numerous new initiatives to additional optimize operations and scale back prices on the Moss Mine.

Nomad owns a 1 – 3% NSR royalty on the Moss property.

Troilus Expands Southwest Zone: In early 2021, Troilus Gold Corp. (“Troilus”) reported nice outcomes on the Southwest zone, together with a 200-metre step-out gap which intersected high-grade gold-bearing mineralization between 50m and 450m from floor, and situated outdoors of the NI 43-101 mineral useful resource envelope and the open pit proposed within the August 2020 PEA. For winter 2021, Troilus is implementing a 7,000 metres per thirty days drilling program with the target of increasing the mineral useful resource estimate on the Southwest Zone, definition drilling within the Z87 and J Zone and geotechnical drilling in assist of the Pre-Feasibility Examine. A Pre-Feasibility Examine is predicted to be printed later in 2021 and an Environmental Affect Examine focused for early 2022.

Nomad owns a 1% NSR royalty on the Troilus property.

Notes:

(1)

Preliminary gold deliveries and gross sales from royalty and stream pursuits embrace the gold equal ounces of money settled quantities for the RDM and Moss web smelter return royalties.



(2)

The Firm’s royalty and stream revenues are transformed to gold equal ounces by dividing the gold royalty and stream revenues for a particular interval by the typical realized gold value per ounce for a similar respective interval. Silver earned from royalty and stream agreements are transformed to gold equal ounces by multiplying the silver ounces by the typical silver value for the interval and dividing by the typical gold value for the interval. The gold equal ounces attributable to Nomad embrace the revenues, web of value of gross sales from the Bonikro gold stream from January 1 to Could 27, 2020, mirrored within the consolidated assertion of money flows, investing actions as Money acquired for the three-month intervals ended June 30, 2020.

QUALIFIED PERSON
Vincent Cardin-Tremblay, P. Geo., Vice President, Geology of Nomad Royalty is the “Certified Individual” as outlined by NI 43-101 who has reviewed and authorised the technical content material of this information launch.

ABOUT NOMAD
Nomad Royalty Firm Ltd. is a gold & silver royalty firm that purchases rights to a proportion of the gold or silver produced from a mine, for the lifetime of the mine. Nomad owns a portfolio of 14 royalty, stream, and gold mortgage property, of which 6 are on at the moment producing mines. Nomad plans to develop and diversify its low-cost manufacturing profile by means of the acquisition of further producing and near-term producing gold & silver streams and royalties. For extra info please go to: www.nomadroyalty.com.

Nomad Royalty Firm Ltd.
500-1275 ave. des Canadiens-de-Montréal
Montréal (Québec) H3B 0G4
nomadroyalty.com

Ahead-looking statements

Sure statements contained on this press launch could also be deemed “forward-looking statements”. All statements on this launch, apart from statements of historic truth, that tackle occasions or developments that Nomad expects to happen, are ahead trying statements. Ahead trying statements are statements that aren’t historic info and are usually, however not at all times, recognized by the phrases “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “initiatives”, “potential”, “scheduled” and related expressions, or that occasions or situations “will”, “would”, “could”, “may” or “ought to” happen. Though Nomad believes the expectations expressed in such forward-looking statements are primarily based on cheap assumptions, such statements will not be ensures of future efficiency and precise outcomes could differ materially from these in ahead trying statements. Elements that might trigger the precise outcomes to vary materially from these in forward-looking statements embrace the impossibility to amass royalties, streams and to fund valuable metallic streams, gold costs, Nomad’s royalty and stream pursuits, entry to expert consultants, outcomes of mining operations, exploration and growth actions for properties with respect to which Nomad holds a royalty or stream, uninsured dangers, regulatory adjustments, defects in title, availability of personnel, supplies and gear, timeliness of presidency or court docket approvals, precise efficiency of services, gear and processes relative to specs and expectations, unanticipated environmental impacts on operations, market costs, continued availability of capital and financing and normal financial, market or enterprise situations. Nomad cautions that the foregoing record of vital components will not be exhaustive. Buyers and others who base themselves on the ahead trying statements contained herein ought to rigorously contemplate the above components in addition to the uncertainties they symbolize and the dangers they entail. Nomad believes that the expectations mirrored in these forward-looking statements are cheap, however no assurance might be on condition that these expectations will show to be right and such forward-looking statements included on this press launch shouldn’t be unduly relied upon. These statements communicate solely as of the date of this press launch. Nomad undertakes no obligation to publicly replace or revise any forward-looking statements, whether or not on account of new info, future occasions or in any other case, apart from as required by relevant regulation.

SOURCE Nomad Royalty Firm Ltd.

For additional info: about Nomad Royalty Firm, please go to our web site at www.nomadroyalty.com or e-mail us: Vincent Metcalfe, CEO, [email protected]; Joseph de la Plante, CIO, [email protected]

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https://nomadroyalty.com/

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