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Royalty
Aphro
Royalty Division
Aphro Project, Nye County Nevada
Gold Standard Royalty Company(GSR), a wholly owned subsidiary of Golden Predator Corp., owns the Aphro Project which is comprised of 16 unpatented lode mining claims. The Aphro Project is subject to an existing Mining Lease with Golden Chalice Resources Ltd. which contains, among other things, advance and production royalty payments to GSR.
The Aphro Project, (also known as the Uke Project), is a gold exploration project, located 80km northeast of Tonopah, in central Nevada in un-surveyed townships 8 and 9 North and ranges 47 and 47.5 East. Previous drilling by Newmont Gold Corp. intersected shallow gold mineralization but failed to reach deeper, potential gold-hosting carbonate stratigraphy. The presence of gold-bearing surface jasperoids that were never fully drill tested and further support the potential for gold deposits at depth. Current Lessors have consolidated the area into one land package, allowing unhampered regional exploration for the first time in over 20 years.
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Royalty
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