Hod Maden NSR Royalty

The Hod Maden Project is located in northeastern Türkiye’s Artvin mineral district within the Eastern Pontides metallogenic belt. The Project is located approximately 130 kilometers from the Erzurum airport and approximately 330 kilometers from SSR Mining’s Çöpler gold mine.

On May 18, 2026, SSR Mining announced it had entered into a definitive agreement to sell its 20% ownership stake and its operatorship position in the Hod Maden project to Lidya Mines for an uncapped 4.0% net smelter returns (“NSR”) royalty on 100% of the project.