South Laverton

Western Australia, Australia

Royalty rate and type:	1.5% NSR $6.00/ounce ¹ (gold)
Operator:	Saracen

South Laverton is a surface gold mine located in the South Laverton Region of Western Australia, approximately 74 miles northeast of Kalgoorlie.

Reserves (June 30, 2016):²

Actual royalty production CY2016:

Footnotes:

The $6/ounce royalty applies to the Monty's Dam and Elliot lode properties only and the $6/ounce royalty becomes payable once 265,745 ounces of gold have been produced. This royalty is payable on gold only.
Gold reserves were calculated by the operator at a price of A$1,500 per ounce.