ASSETS

RELATED ENTITIES

Golden Valley Mines holds an approximate 45.0% interest in Abitibi Royalties Inc., an approximate 31.01% interest in Val-d'Or Mining Corporation, and an approximate 16.5% interest in International Prospect Ventures Ltd.

OPTION / JOINT VENTURES

Golden Valley Mines Ltd. leverages its partnerships to advance exploration on its projects while minimizing dilution to its shareholders.

NSRs AND FCIs

Golden Valley Mines typically retains a free-carried interest or a net smelter royalty on partner-funded projects once the agreement terms have been met.

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