Mt Jackson

Project Review

MT JACKSON IRON ORE TRANSACTION

  • DSO Rights in four tenements divested to MinRes (Mineral Resources Limited) in November 2023 (shown in green on right)

GOLDZONE ROYALTY AND PAYMENTS

  • Completion and Milestone payments up to $1.5m in Total
  • $1 / Tonne royalty on DSO
  • MinRes responsible for all tenement costs

RIGHTS ARE FOR DIRECT SHIPPING ORE (DSO) ONLY

  • Magnetite will be negotiated separately from DSO

MINRES ALREADY ACTIVE IN The Area

  • YILGARN HUB – ORE transported To Koolyanobbing facility

Transaction potential valued from  $3 million to over $10 million in royalties per mine net to Goldzone plus up to $1 million in progress payments. Additional DSO mines would have direct multiplier effect.