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As per the agreement, Empress will receive 3.5% of payable gold production from Galaxy for the first 8,000 oz., reducing to 2% after that until 20,000 oz. — or 20 years — is reached.
As announced on November 23, 2023, Empress entered into a US$5M metal purchase and sale agreement (the " Agreement ") with Galaxy Gold Reefs (Pty) Ltd., a subsidiary of Golconda, and Golconda and ...
This then decays into a stable form of gold: gold-197. This process of particle decay is where one subatomic particle spontaneously transforms into two or more lighter particles.
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