Kin Mining NL's (ASX:KIN) (FRA:8KM) Andrew Munckton explains why they've purchased a third-party 1.5% net smelter royalty (NSR) covering future production at its wholly-owned Cardinia Gold Project. The explorer bought the royalty from gold sector investor Sprott Private Resource Lending for $600,000, with the price tag representing just 22% of the royalty’s face value.
Kin Mining purchases 1.5% royalty over Cardinia Gold project
