Versamet Royalties – Acquisition of 3.52% Gold Stream At Eskay Creek, Production To Commence In 2027
The KE Report Apr 16, 2026
Summary
Versamet Royalties acquires a 3.52% uncapped gold stream on the high-grade Eskay Creek project for $340 million, significantly boosting its production profile.
The acquisition is expected to add 10,000 GEOs annually starting in 2027, increasing Versamet's total output by approximately 50%.
Management highlights the torque royalty companies can achieve through strategic debt financing and partnerships with strong operators like Skeena Resources.