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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: aknahow who wrote (30224)1/19/2007 1:07:28 PM
From: onepath  Read Replies (2) of 78419
 
Yes Letter mailed by R. Faucher on Dec.19 indicated the 11 milion tons was as of the end of 2005.10yr mine life based on 5$ nickel at 2500 ton a day.

Much more than nickel.....

The "Royalties Business"

In addition to its principal nickel projects, Canadian Royalties has a stake in over a hundred other properties in the Abitibi Greenstone Belt and the James Bay and Nunavik regions of Northern Québec. On these non-core properties, Canadian Royalties balances exploration exposure to various commodities (nickel, copper, cobalt, platinum, palladium, diamonds, gold, etc.) with:

i) extensive land holdings and geographic diversity;

ii) direct and third party exploration expenditures; and

iii) cashflow from property options, joint ventures and annual advances against future royalties.

This allows Canadian Royalties to participate in multiple projects through third party funding of non-core exploration properties without the dilution typically incurred as a result of direct exploration activities.

Canadian Royalties maintains its involvement in non-core properties through a combination of net smelter return (NSR) royalties, partial property interests, cash payments, and equities (shares) received from the optionee companies funding the exploration.

Canadian Royalties has a multitude of properties available for third party option, please contact Mr. Glenn Mullan at (819) 824-1030 if interested.

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