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How does the royalty scale work?

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0:00BC mineral tax· ticker

BC mineral tax — sliding scale 5% to 11%

  • BC mineral tax starts at 5% then increases to 11%
  • Payment phase depends on capital payback
  • 5% applies during smaller phase
  • 11% applies after capital is paid back
0:01BC mineral tax· ticker

BC mineral tax — 33-year study payback

  • 33-year pre-feasibility study mine life
  • Payback period exceeds 11-year phase
  • 10% rule of thumb for estimation
0:02BC mineral tax· ticker

BC mineral tax — 2022 study calculations

  • 2022 study at 1850 gold shows 6.4B US life of mine
  • 10% of 6.4B = 640M US or 900M CAD
  • 30M CAD annualized over 33 years
0:03BC mineral tax· ticker

BC mineral tax — future gold price projection

  • Request for updated numbers at 4,000 gold

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