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
  • Initiated a 40,000m drill program focused on expanding the known coarse gold areas
  • 3 drills currently operating with the first phase of the drilling campaign expected to be completed by April 2019
  • Gold resources of 413 koz at 3.4 g/t (1)
  • Resource update anticipated for Q2 2019

For more information on Beta Hunt, please visit www.rncminerals.com.

 

Source: RNC Minerals public disclosure.
(1) Resources include measured, indicated & inferred - see RNC Minerals press release dated March 7, 2016.


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