Back Forty (Au, Ag)

Stream and Terms: Osisko, through its wholly-owned subsidiary Osisko Bermuda, owns two precious metal streams on the Back Forty project; an 85% silver stream and an 18.5% gold stream. In exchange for ounces received under the streams, Osisko Bermuda will pay 30% of the spot price for gold (to a maximum of US$600 per ounce), and US$4 per ounce of silver.
Operator:  Visit Gold Resource Corporation for more information
Commodities: Gold, Silver
Location: Michigan, USA
Reserves and Resources:
  • Measured and indicated resources (exclusive of reserves) of 1,030 koz Au (14.5 Mt @ 2.21 g/t Au), 12.4 Moz Ag (14.5 Mt @ 27 g/t Ag)
  • Inferred resources of 89 koz Au (1.2 Mt @ 2.33 g/t Au), 1.4 Moz Ag (1.2 Mt @ 37 g/t Ag)
Production:
  • 54 koz Au (LOM Avg.)
  • 533 koz Ag (LOM Avg.)

More details in the 2025 Asset Handbook

 

 
Back Forty, page 41
Source: Company disclosure and Osisko management estimates.