|Interest||A$1/t ore production royalty|
|Location||Western Australia, Australia|
|Counterparty||Genesis Minerals Ltd (ASX:GMD)|
|Additional Notes:||The royalty is applicable to all production in excess of 650Kt|
- Royalty encompasses three active tenements M40/117, M40/163 and M40/164.
- M40/164 contains the Puzzle Mine with historical production of 498,700t @ 2 g/t Au for 32,070 oz Au (during 1996‐1997) and a current resource estimate of 1.73Mt @ 1.1g/t for 59,000oz Au (June-2020)
- M40/117 contains two historical open pits and the Orion/Sapphire deposits, which have a current resource estimate of 0.69Mt @ 2.2g/t for 48,000oz Au (June-2020)
- Further information can be found at this website: https://genesisminerals.com.au/downloads/announcements/gmd2020062406.pdf