That's right, Alamos har first right of refusal to Kemess etc. Aurico was owned by Alamos but made to be a sep. company given to the shareholders of Alamos etc. - Alamos Gold (AGI) control AuRico - ? - hitman558 thank you for good info -
AuRico Metals Provides Update on Fosterville Royalty (2% NSR) July 27, 2017
Underground Mineral Reserves Increase 110%, Grade Increases 83% TORONTO, July 27, 2017 /CNW/ -
AuRico Metals Inc. (TSX: AMI),("AuRico" or the "Company") is pleased to provide an update on the Company's 2% net smelter return royalty ("NSR") on the Fosterville gold mine ("Fosterville") operated by Kirkland Lake Gold Ltd. ("Kirkland").
Commenting on today's Fosterville news, Chris Richter, President and CEO of AuRico Metals, stated; "We're very excited to see the continued significant growth of reserves at Fosterville and the consistent achievement of record production results.
Fosterville's ongoing success underscores the growing value of our 2% NSR royalty and the significant upside potential of our royalty portfolio."