A World Class Streaming and Royalty Company
RGLD Nasdaq 82.20 -0.64 -0.77% Volume: 699,652 August 13, 2018
Current Gold Price 1195.86 +1.47 +0.12% Volume: August 14, 2018
meekatharra-reedys

Meekatharra (Reedys)

Western Australia, Australia

Royalty rate and type: 1.5% NSR   
1.5% - 2.5% NSR (sliding-scale) 4 (gold only)
1.0% NSR 5
(gold only)                     
Operator: Westgold Resources

Meekatharra Gold Project

  1. Meekatharra - Nannine
  2. Meekatharra - Paddy's Flat
  3. Meekatharra - Reedys
  4. Meekatharra - Yaloginda
  •  

1 The Meekatharra Gold Project consolidates the above four projects located in the Murchison District of Western Australia, approximately 10 miles south of the town of Meekatharra.

  1. Meekatharra - Nannine
    • Royalty rate and type:
      • 1.5% NSR
    • Reserves (June 30, 2017): 2
      • 0.002M oz. gold
    • Estimated production start-up:
      • Not available 
  2. Meekatharra - Paddy's Flat
    • Royalty rate and type:
      • 1.5% NSR
      • A $10 per ounce produced 3
    • Reserves (June 30, 2017): 2
      • 0.409M oz. gold
    •     Actual royalty production CY2017:
      • 65,400 oz. gold 
  3. Meekatharra - Reedys
    • Royalty rate and type:
      • 1.5% NSR
      • 1.5% - 2.5% NSR  4
      • 1.0% NSR 5
    • Reserves (June 30, 2017): 2
      • 0.058M oz. gold
    •     Actual royalty production CY2017:
      •  31,300 oz. gold
  4. Meekatharra - Yaloginda
    • Royalty rate and type:
      •  0.45% NSR
    • Reserves (June 30, 2017): 2
      • 0.105M oz. gold
    •     Actual royalty production CY2017:
      •  2,300 oz. gold

     


Footnotes:

  1. Re-modeling and re-estimation of resources using current economic parameters define a staged approach to development of the Nannine, Paddy's Flat, Reedys and Yaloginda project areas.
  2. At a gold price of A$1,550 per ounce.
  3. Royalty applies on production above 50,000 ounces.
  4. The 1.5% to 2.5% NSR sliding-scale royalty pays at a per year rate of 1.5% for the first 75,000 ounces produced in any 12 month period and at a rate of 2.5% on production above 75,000 ounces during that 12 month period.
  5. Applies to the Rand area only. 
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