Osisko Gold Royalties - Q1 2017 Results

1. 2017 Q1 Results
MAY 5, 2017

2. Certain statements contained in this presentation may be deemed "forward-looking statements". All statements in this release, other than statements of historical fact, that address future events, developments or performance
that Osisko (the “Corporation”) expect to occur, including managements’ expectations regarding the Corporation’s growth, results of operations, estimated future revenues, statements or estimates of mineral resources and reserves,
requirements for additional capital, future demand for and prices of commodities, business prospects and opportunities are forward looking statements. Forward looking statements are statements that are not historical facts and are
generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential", "scheduled" and similar expressions or variations (including negative variations), or that events or
conditions "will", "would", "may", "could" or "should" occur including, without limitation, that all conditions precedent a transaction will be met and the realization of the anticipated benefits deriving therefrom for shareholders of the
Corporation, the view on the quality and the potential of the Corporation’s assets, production forecasts for properties in which the Corporation holds a royalty or other interest. Although the Corporation believes the expectations expressed in
such forward-looking statements are based on reasonable assumptions, such statements involve known and unknown risks, uncertainties and other factors and are not guarantees of future performance and actual results may accordingly
differ materially from those in forward looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include, without limitation: fluctuations in the prices of the commodities that
drive royalties held by the Corporation; fluctuations in the value of the Canadian dollar relative to the U.S. dollar; risks related to the operators of the properties in which the Corporation holds a royalty or other interest; the unfavorable
outcome of litigation relating to any of the properties in which Osisko holds a royalty or other interest; development, permitting, infrastructure, operating or technical difficulties on any of the properties in which the Corporation hold a royalty
or other interest; rate and timing of production differences from mineral resource estimates or production forecasts by operators of properties in which the Corporation hold a royalty or other interest; risks and hazards associated with the
business of exploring, development and mining on any of the properties in which the Corporation hold a royalty or other interest, including, but not limited to unusual or unexpected geological and metallurgical conditions, slope failures or
cave-ins, flooding and other natural disasters or civil unrest; regulatory changes by national and local government, including corporate law, permitting and licensing regimes and taxation policies; regulations and political or economic
developments in any of the countries where properties in which the Corporation hold a royalty or other interest are located or through which they are held); continued availability of capital and financing and general economic, market or
business conditions; business opportunities that become available to, or are pursued by the Corporation; the impossibility to acquire royalties and to fund precious metal streams; other uninsured risks. The forward looking statements
contained in this presentation are based upon assumptions management believes to be reasonable, including, without limitation: the ongoing operation of the properties in which the Corporation holds a royalty or other interest by the
owners or operators of such properties in a manner consistent with past practice; the accuracy of public statements and disclosures made by the owners or operators of such underlying properties; no material adverse change in the market
price of the commodities that underlie the asset portfolio; no adverse development in respect of any significant property in which the Corporation holds a royalty, stream or other interest; the accuracy of publicly disclosed expectations for
the development of underlying properties that are not yet in production; and the absence of any other factors that could cause actions, events or results to differ from those anticipated, estimated or intended. For additional information on
risks, uncertainties and assumptions, please refer to the Corporation’s most recent Annual Information Form filed on SEDAR at www.sedar.com. The Corporation cautions that the foregoing list of risk and uncertainties is not exhaustive.
Investors and others who base themselves on the forward looking statements contained herein should carefully consider the above factors as well as the uncertainties they represent and the risk they entail. The Corporation believes that the
expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this presentation should not be
unduly relied upon. These statements speak only as of the date of this presentation. The Corporation undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future
events or otherwise, other than as required by applicable law.
Safe Harbour Statement
This PowerPoint presentation has been prepared for informational purposes only in order to assist prospective investors in evaluating an investment in Osisko Gold Royalties Ltd.
Inquiries regarding this confidential PowerPoint presentation can be made to the senior management of the Corporation.
Cautionary Note to U.S. Investors Regarding Mineral Reserve and Mineral Resource Estimates
Osisko is subject to the reporting requirements of the applicable Canadian securities laws, and as a result, reports its mineral resources and reserves according to Canadian standards. Canadian reporting requirements for disclosure of mineral
properties are governed by National Instrument 43-101 (“NI 43-101”). The definitions of NI 43-101 are adopted from those given by the Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”). U.S. reporting requirements are
governed by the Industry Guide 7 (“Guide 7”) of the Security and Exchange Commission ("SEC"). This presentation includes estimates of mineral reserves and mineral resources reported in accordance with NI 43-101. These reporting
standards have similar goals in terms of conveying an appropriate level of confidence in the disclosures being reported, but embody different approaches and definitions. For example, under Guide 7, mineralization may not be classified as a
“reserve” unless the determination has been made that the mineralization could be economically and legally produced or extracted at the time the reserve determination is made. Consequently, the definitions of “Proven Mineral Reserves”
and “Probable Mineral Reserves” under CIM standards differ in certain respects from the standards of the SEC. Osisko also reports estimates of “mineral resources” in accordance with NI 43-101. While the terms “Mineral Resource,”
“Measured Mineral Resource,” “Indicated Mineral Resource” and “Inferred Mineral Resource” are recognized by NI 43-101, they are not defined terms under standards of the SEC and, generally, U.S. companies are not permitted to report
estimates of mineral resources of any category in documents filed with the SEC. As such, certain information contained in this presentation concerning descriptions of mineralization and estimates of mineral reserves and mineral resources
under Canadian standards is not comparable to similar information made public by United States companies subject to the reporting and disclosure requirements of the SEC. Readers are cautioned not to assume that all or any part of
Measured Mineral Resources or Indicated Mineral Resource exists, or is economically or legally mineable. Further, an “Inferred Mineral Resource” has a great amount of uncertainty as to its existence and as to its economic and legal
feasibility, and a reader cannot assume that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or
other economic studies.
Forward Looking Statements
2

3. Highlights
3
Q1 2017 Subsequent to March 31, 2017
 Record quarterly gold equivalent ounces
(“GEO”) earned of 10,4181
9% increase compared to Q1 2016
 Quarterly revenues of $17.1 million
10% increase compared to Q1 2016
 Net cash flows provided by operating
activities of $12.0 million
22% increase compared to Q1 2016
 Cash and cash equivalents of $423.6 million
as at March 31, 2017
 Closing of a US$33.0 million ($44.3 million)
silver stream agreement with Taseko Mines
Limited
 Declaration of a quarterly dividend of $0.04
per common share paid on April 17, 2017 to
shareholders of record as of the close of
business on March 31, 2017
 Acquisition of additional common shares
of Barkerville Gold Mines Ltd., an associate
of Osisko, for $28.1 million which
increased Osisko’s holding to 35.2%
 Acquisition of an additional 0.75% NSR
royalty on the Cariboo gold project from
Barkerville for cash consideration of $12.5
million, which increased the NSR royalty
held by Osisko on the Cariboo gold project
to a total of 2.25%
 On May 4, 2017, declaration of a quarterly
dividend of $0.04 per common share
payable on July 17, 2017 to shareholders
of record as of the close of business on
June 30, 2017
1. Gold equivalent ounces earned includes NSR royalties in gold, silver and other cash royalties and the silver stream. Silver is converted to gold equivalent ounces by multiplying the silver ounces
by the average silver price for the period and dividing by the average gold price for the period. Cash royalties are converted into gold equivalent ounces by dividing the associated revenue by
the average gold price for the period. In the case of streams, GEOs are calculated based on ounces received before the payment of the fixed per ounce contractual price.

4. 4
Q1 2017 Performance – Another Record Quarter
GOLD EQUIVALENT OUNCES (GEOs)
EARNED (oz AuEq)
9% increase year over year in GEOs during Q1
1. Gold equivalent ounces earned is a non-IFRS measure and includes NSR royalties in gold, silver, other cash royalties. Silver was converted to gold equivalent ounces by multiplying the silver ounces by
the average silver price for the period and dividing by the average gold price for the period. Cash royalties were converted into gold equivalent ounces by dividing the associated revenue by the
average gold price for the period. For Q1 2017, the average per ounce commodity prices were as follows: $1,620 gold (Q1 2016: $1,636), $24 silver (Q1 2016: $20).
9,431
oz
Au
9,980
oz Au
102 oz AuEq (Ag)
438 oz AuEq (Ag)
Q1 2016 Q1 2017
9,533 oz AuEq
10,418 oz AuEq
GUIDANCE (oz AuEq)
43,300 – 46,100 oz AuEq
2017E
YTD: 10,418
oz AuEq

5. $9.8
$12.0
Q1 2016 Q1 2017
$15.6
$17.1
Q1 2016 Q1 2017
5
Q1 2017 Performance
NET CASH FLOW FROM
OPERATING ACTIVITIES (C$ M)
REVENUES (C$ M)
22% Increase
10% Increase

6. 6
2017 Q1 Results
3 MONTHS ENDED
(C$ 000) March 31, 2017 March 31, 2016
GOLD PRODUCTION (oz) 9,980 9,431
SILVER PRODUCTION (oz AuEq) 438 102
REALIZED GOLD PRICE (C$ per oz) 1,620 1,636
REALIZED GOLD PRICE (US$ per oz) 1,228 1,208
AVERAGE GOLD PRICE (US$ per oz)1 1,219 1,183
REVENUES $17,126 $15,606
NET CASH FLOW FROM OPERATIONS $12,013 $9,820
NET EARNINGS (LOSS)2 $4,076 ($60)
NET EARNINGS PER SHARE - BASIC $0.04 $0.00
1. The London Bullion Market Association’s pm price in US dollars
2. Attributable to Osisko’s shareholders

7. 7
(C$M) MAR. 31, 2017
CASH & CASH EQUIVALENTS $423.6
DEBT $46.0
TOTAL ASSETS $1,421.6
SHAREHOLDER’S EQUITY $1,216.9
Financial Position
~C$620M IN CASH &
AVAILABLE CREDIT
STRONG CASH
POSITION
1. Fair value of marketable securities as at March 31, 2017. The fair value corresponds to the quoted price of the investments in a recognized stock exchange as at March 31, 2017.
FAIR VALUE OF
INVESMENT
PORTFOLIO OF
C$341.2M1
WELL POSITIONED TO DEVELOP
ASSET & INVESTMENT PORTFOLIOS

8. $0.00
$0.01
$0.02
$0.03
$0.04
$0.05
Q3 2014 Q4 2014 Q1 2015 Q2 2015 Q3 2015 Q4 2015 Q1 2016 Q2 2016 Q3 2016 Q4 2016 Q1 2017 Q2 2017
8
Stable Dividend
ELEVENTH QUARTERLY DIVIDEND DECLARED
OSISKO HAS DISTRIBUTED
C$35.1 MILLION IN DIVIDENDS
TO ITS SHAREHOLDERS DURING
THE PAST TEN QUARTERS

9. 9
TWO OF THE PREMIER GOLD ROYALTIES IN THE SECTOR
High Quality Portfolio of Producing and Early Stage Royalties & Stream
PRODUCING & CASH
FLOWING ASSETS
IN QUÉBEC,
ONTARIO & BC
GROWTH ASSETS
FOCUSED ON
NORTH AMERICA
ODYSSEY
NORTH
UPPER BEAVER
KIRKLAND LAKE
CAMP
CARIBOO
MARBAN
LAMAQUE
PANDORA
WINDFALL
HERMOSA
HORNE 5
GUERRERO
9,600 KM2 AREA IN
GUERRERO, MEXICO
COULON
POLYMETALLIC
PROJECT
ÉLÉONORE
ISLAND GOLD
VEZZA
CANADIAN
MALARTIC
GIBRALTAR

10. 10
2017 Guidance
ATTRIBUTABLE GEOs BREAKDOWN:
30,500 - 31,500
6,800 – 7,000
1,400 – 1,600
2,600 – 3,000 2,000 – 3,000
CANADIAN MALARTIC
ÉLÉONORE
ISLAND GOLD
GIBRALTAR STREAM
OTHERS
43,300 – 46,100
ATTRIBUTABLE
ALL-CANADIAN
GEOs
CANADIAN
MALARTIC
5% NSR
ÉLÉONORE
2-3.5% NSR
ISLAND GOLD
1.38-2.55% NSR
VEZZA
5% NSR – 40% NPI
GIBRALTAR
SILVER STREAM
 200 k oz Ag / yr
from 2017-2030
 350 k oz Ag / yr
from 2031-2039+
ROYALTIESSTREAM

11. 11
Assets

12. 12
OPERATORS: Agnico Eagle (50%) / Yamana Gold (50%)
LOCATION: Malartic, Québec
RESERVES: P&P mineral reserves of 7.1 M oz Au1
ROYALTY:
 5% NSR royalty
 $0.40/tonne on milled ore from
outside the current property area for
life of mill starting in June 2021
Q1 2017 PRODUCTION: 142.8 K oz2 (7,483 oz earned for Osisko)
OPERATOR
GUIDANCE (Au):
 2017: 600 k oz
 2018: 650 k oz
 2019: 640 k oz
OSISKO
ATTRIBUTABLE
GEOs:
 2017: 30.5 to 31.5 k oz
 2018: 33 k oz
 2019: 32.5 k oz
1. See Appendix for full disclosure on Reserves & Resources.
2. Based on Agnico Eagle’s press release dated April 27, 2017, titled: “Agnico Eagle Reports First Quarter 2017 Results…”
Canadian Malartic Royalty – 5% NSR
THE LARGEST
GOLD MINE
IN CANADA
PROVEN & PROBABLE
MINERAL RESERVES OF
7.1 M oz Au1
CANADIAN MALARTIC EXTENSION
PROJECT RECEIVES GOVERNMENT
OF QUEBEC APPROVAL

13. 13
Canadian Malartic Exploration Upside| Odyssey North & South
1. Based on Agnico Eagle’s press release dated April 27, 2017, titled: “Agnico Eagle Reports First Quarter 2017 Results…”
2. Based on Agnico Eagle’s press release dated February 15, 2017, titled: “Agnico Eagle Reports Fourth Quarter and Full Year 2016 Results…”
 Initial inferred mineral resources of
1.43 Moz (20.7 million tonnes grading
2.15 g/t gold) for North and South
Odyssey Zones.
 34 holes (22,676 metres) completed in Q1 2017
to define internal mineralized zones between the
Odyssey North and South Zones and expanding
the mineral resources in Odyssey South1.
NEAR-TERM PRODUCTION POTENTIAL
(2018-2020) FROM ODYSSEY SOUTH
UNDERGROUND2
FURTHER PRODUCTION GROWTH
POTENTIAL FROM ODYSSEY NORTH
UNDERGROUND
(2021 AND BEYOND)2
1.43MozAu
InferredResources1
andgrowing
OSISKO HOLDS A 5% NSR ROYALTY ON THE
ODYSSEY SOUTH ZONE AND A 3% NSR
ROYALTY ON THE ODYSSEY NORTH ZONE

14. 14
1. See Appendix for full disclosure on Reserves & Resources.
2. Based on Goldcorp press release dated April 26, 2017, titled “Goldcorp Reports First Quarter 2017 Results”.
OPERATOR: Goldcorp (100%)
LOCATION: James Bay, Québec
RESERVES: P&P mineral reserves of 4.57 M oz Au1
ROYALTY:
 2.0% NSR on the first 3 M oz of Au
 0.25% increase for every additional
1M oz of production thereafter, to a
maximum of 3.50%
 +10% if Au is higher than US$500/oz
Q1 2017 PRODUCTION: 78 k oz2 (1,582 oz earned for Osisko)
2017 OPERATOR
GUIDANCE:
315 k oz2
2017 OSISKO
ATTRIBUTABLE GOLD
OUNCES:
6.8 to 7.0 k oz
OSISKO ATTRIBUTABLE
GOLD OUNCES AT FULL
PRODUCTION:
GROWING TO > 10,000 - 15,000 OZ  FIFTH PRODUCTION HORIZON IN 2018
 RAMP UP TO FULL PRODUCTION BY 2020
4.57MozAuPotentialto1,500m
Éléonore Royalty – 2.0 to 3.5% NSR

15. 15
1. Based on Taseko’s guidance. Taseko does not report silver resources or reserves.
OPERATOR: Taseko (75%)
LOCATION: Cariboo Regional District, British Columbia
MINE PLAN: 23-year mine life
STREAM:
 100% of Taseko’s share of payable
silver for the first 5.9M oz
 35% of payable silver thereafter
 US$2.75/oz silver transfer payment
SILVER PRODUCTION:
• 200 k oz from 2017 to 20301
• 350 k oz from 2031 to 2039+
Q1 2017 PRODUCTION:
21.6 k oz of silver representing two months
of production (309 GEOs earned for
Osisko)
LONG LIFE
PRODUCING MINE
IN CANADA
Gibraltar Stream – 100% of Attributable Payable Silver
B.C.

16. 16
 Operating since 2007
 2016 production: 83,323 oz Au
 On February 2, 2017, Richmont
announced a guidance of between
87,000 to 93,000 gold ounces for 2017
 On January 31, 2017, Richmont
announced an increase of 34% in
mineral reserves at the Island Gold Mine
 416 GEOs earned for Osisko in Q1 2017
Other Producing & Cash Flowing Royalties
 Operated by Ressources Nottaway inc.
(private company)
 The property is located 25km from
Matagami, Québec
 351 GEOs earned for Osisko in Q1 2017
ISLAND GOLD
1.38%-2.55%
NSR
VEZZA
5% NSR
40% NPI

17. 17
New Growth – Focused on North America
UPPER BEAVER
KIRKLAND LAKE CAMP
2% NSR
CARIBOO
2.25% NSR
MARBAN
0.425% NSR
LAMAQUE
1.7% NSR1
WINDFALL
1.5% NSR
HERMOSA
1% NSR
HORNE 5
1% NSR
GUERRERO
9,600 KM2 AREA IN
GUERRERO, MEXICO
FARM-IN AGREEMENT
JAMES BAY - LABRADOR
TROUGH PROPERTIES
1.5% - 3.5% NSR
COULON
POLYMETALLIC
PROJECT
EXPLORATION
PROPERTIES
GROWTH
ROYALTY
ASSETS
ODYSSEY NORTH & SOUTH
3% & 5% NSR
PANDORA
2% NSR
OVER 50 ROYALTIES IN THE
PORTFOLIO TO PROVIDE UPSIDE
TO “OR” SHAREHOLDERS
1. Integra Gold may repurchase 50 % of the royalty for $2 million.

18. 150,000
172,000
102,000
120,000 119,000
65,000
35,000 30,000
15,000
250,000
115,000
130,000 100,000
81,000
50,000
40,000 40,000
30,000
25,800
12,500
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
Windfall Island Gold Cariboo Canadian
Malartic
Lamaque Hermosa Horne5 Éléonore Urban Barry Upper Beaver Orenada
2016 2017
OVER 870,000 METRES OF DRILLING ON OUR ROYALTIES PLANNED FOR 2017 (> 800,000 m IN 2016)
18
SIGNIFICANT INVESTMENT BY OPERATORS ON OSISKO’S ROYALTY PROPERTIES;
RESERVES & RESOURCES UPSIDE AT NO COST TO OSISKO
The Drills Are Turning – Upside on Growth Portfolio
ZERO-COST TO
OSISKO GOLD
ROYALTIES
Notes:
- Assumption based on current programs
- $10 million budget (assumes $250 per metre)
(1)
(2)
Drilling Metres

19. 19
Accelerator Model – Acquiring Royalties at Discounted Valuations
NET COST OF ROYALTY PURCHASE AT MARCH 31, 2017 (C$M)
1. Non-IFRS measure representing the difference between the fair value of marketable securities less acquisition cost.
PURCHASED A 1.0% NSR IN MAY 2016
$10.0
$7.5 1
$2.5
Cost to purchase
royalty
Unrealized gain on
equity investment
Net cost of royalty
PURCHASED A 1% NSR IN APRIL 2016
$9.8
$81.7 1
-$71.9
Cost to purchase
royalty
Unrealized gain on
equity investment
Net cost of royalty

20. 20
Accelerator Model – Acquiring Royalties at Discounted Valuations
NET COST OF ROYALTY PURCHASE AT MARCH 31, 2017 (C$M)
PURCHASED A 1.5% NSR IN FEBRUARY 2016 PURCHASED A 1% NSR IN APRIL 2016
1. Non-IFRS measure representing the difference between the fair value of marketable securities less acquisition cost.
$10.0
$13.3 1
-$3.3
Cost to purchase
royalty
Unrealized gain on
equity investment
Net cost of royalty
$25.0
$17.4 1
$7.6
Cost to purchase
royalty
Unrealized gain on
equity investment
Net cost of royalty

21. $209.2
$341.2
Acquired Cash Price Market Value at Mar. 31, 2017
$62.0
21
Significant Value Creation Through Investment Portfolio
VALUE OF INVESTMENT
PORTFOLIO1 (C$M)
1. Fair value of marketable securities in associates and other as at March 31, 2017
2. Recorded in other comprehensive income (loss)
+
VALUE OF NEW ROYALTY
PURCHASES (C$M)
Paid Value of
New Royalties
EQUITY
POSITIONS HAVE
ALLOWED TO
GENERATE OVER
$62M OF NEW
ROYALTIES
$48.3M of
Flow-Through
$17.2
Realized Gain21

22. As at March 31, 2017
$1.5B
MARKET CAP – as at May 4, 2017
$12.0M
OPERATING CASH FLOW FOR Q1 2017
$423.6M
CASH & CASH EQUIVALENTS
$341.2M
FAIR VALUE OF INVESTMENT PORTFOLIO
$150-$200M
AVAILABLE CREDIT
RECORD 10,418 GEOs
FOR Q1 2017
QUARTERLY DIVIDEND
DISTRIBUTION OF $35.1M SINCE INCEPTION
TOP SHAREHOLDERS
RESEARCH COVERAGE
Corporate Summary
BANK OF AMERICA MERRILL LYNCH Michael Jalonen
BMO CAPITAL MARKETS Andrew Kaip
CANACCORD GENUITY Peter Bures
CIBC WORLD MARKETS Cosmos Chiu
CORMARK
DESJARDINS
Richard Gray
Michael Parkin
DUNDEE Josh Wolfson
GMP Ian Parkinson
HAYWOOD Tara Hassan
MACQUARIE CAPITAL MARKETS Michael Siperco
NATIONAL BANK FINANCIAL Shane Nagle
PARADIGM CAPITAL Don Blyth
RBC CAPITAL MARKETS Dan Rollins
SCOTIA CAPITAL Trevor Turnbull
TD SECURITIES Carey MacRury
22
VAN ECK ASSOCIATES CORPORATION 18,875,902 17.70%
TOCQUEVILLE ASSET MANAGEMENT, L.P. 5,175,736 4.85%
CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC 4,983,862 4.67%
MONTRUSCO BOLTON INVESTMENTS, INC 4,846,845 4.54%
BLACKROCK INVESTMENT MANAGEMENT (U.K.), LTD 4,138,362 3.88%
FIRST EAGLE INVESTMENT MANAGEMENT, LLC 3,991,137 3.74%
PSP INVESTMENTS 3,526,232 3.31%
EDGEPOINT INVESTMENT GROUP, INC. 3,206,877 3.01%
T. ROWE PRICE ASSOCIATES, INC. 3,144,900 2.95%
M&G INVESTMENT MANAGEMENT, LTD 2,226,748 2.09%
OR

23. APPENDIX

24. 24
Mineral Reserves and Resources
1. Agnico Eagle and Yamana public disclosure – as at December 31, 2016
2. Goldcorp public disclosure – as at June 30, 2016
3. Richmont public disclosure – as at December 31, 2016
CANADIAN MALARTIC1
RESERVES
CATEGORY AU GRADE (G/T) AU (M OZ) TONNES (MT)
Proven 0.95 1.57 51.1
Probable 1.13 5,53 152.5
Total Proven & Probable 1.08 7.10 203.7
GLOBAL RESOURCES (EXCLUDING RESERVES)*
CATEGORY AU GRADE (G/T) AU (M OZ) TONNES (MT)
Measured 1.34 0.17 4.0
Indicated 1.56 1.12 22.2
Total Meas. & Ind. 1.53 1.29 26.2
Inferred 1.46 0.43 9.2
ÉLÉONORE2
RESERVES
CATEGORY AU GRADE (G/T) AU (M OZ) TONNES (MT)
Total Proven & Probable 6.07 4.57 23.44
GLOBAL RESOURCES (EXCLUDING RESERVES)
CATEGORY AU GRADE (G/T) AU (M OZ) TONNES (MT)
Total Meas. & Ind. 5.66 0.93 5.14
Inferred 7.52 2.35 9.73
ISLAND GOLD3
RESERVES
CATEGORY AU GRADE (G/T) AU (K OZ) TONNES (KT)
Proven 8.68 159.8 573
Probable 9.31 592.4 1,978
Total Proven & Probable 9.17 752.2 2,551
GLOBAL RESOURCES (EXCLUDING RESERVES)
CATEGORY AU GRADE (G/T) AU (K OZ) TONNES (KT)
Measured 4.94 5.35 33.5
Indicated 6.01 86.10 445.5
Total Meas. & Ind. 5.94 91.45 479.0
Inferred 10.18 995.7 3,042