Beta Hunt

MMX Interest: Gold: 6.0% gross revenue royalty (GRR) + 1.5% net smelter return (NSR) royalty & Nickel: 1.5% NSR royalty
MMX Metal Exposure: Gold (Au), Nickel (Ni)
Location: Western Australia, Australia
Operator: RNC Minerals
Status: Producing

Asset Information

  • Located in the long established Kambalda mining district with excellent existing infrastructure
  • Recent significant discovery at the Father’s Day Vein with an estimated ~27-30koz of high-grade gold expected to be recovered from initial discovery area
  • Completed a 40,000m drill program focused on expanding the known coarse gold areas
  • Recently updated resource in Q2 2019 and released a new reserve estimate in Q4 2019
  • Updated life of mine plan expected in early 2020

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