RE: Gold14 Mar 2025 07:53
Time for you to read Helpful, or does it only work one way ?? El Limon don’t look as if they agree - Does it ?
Gold mined specificity on El Limon mineral licenses
It’s there in black and white ! My guess is Soma believe this to be true, good luck getting any royalties 🤣🙈🤣
2024_Q3-SomaGoldCorp-FS.pdf
El Limon The Company owns 100% of the El Limon Mine and Mill in Antioquia, Colombia. The mine is subject to a 3% NSR royalty on gold mined on the El Limon mineral licenses, to a maximum of US$2,000,000. Upon reaching the US$2,000,000 NSR royalty threshold, the NSR royalty decreases to 0.5% up to a maximum of US$1,000,000.