CONSENT OF INDEPENDENT ACCOUNTANTS
To the Board of Directors
Royal Gold, Inc.:
We consent to the incorporation by reference in the Form S-8 (File No. 33-58920) of Royal Gold, Inc. of our
report dated August 28, 1995, on our audit of the consolidated financial statements of Royal Gold, Inc. as of
June 30, 1995, and for the year then ended, which report is included in this Annual Report on Form 10-K.
September 27, 1996