The Joubi royalty is next to Agnico Eagle’s Goldex mine which produced 121,167 oz’s of gold in 2018. Exploration acitivity on the entire Joubi property is expected in 2019 to be $0.9 million on 6,000 metres of exploration drilling by Agnico Eagle. The Joubi claims were sold to Agnico Eagle by Wesdome on June 9, 2019. These claims were included along with the Dubuisson Ouest and a portion of the Mine Ecole property for the purchase price of $7 Million. Melkior Resources has a 1% NSR on 15 mining clams: