Project Review
MT JACKSON IRON ORE TRANSACTIONS
- DSO Rights in four tenements divested to MinRes (Mineral Resources Limited) in November 2023 with DSO Rights in a further three tenements divested to Yilgarn Iron Investments Pty Ltd (“Yilgarn Iron”) in late 2025. Yilgarn Iron later accepted the assignment of MinRes’ DSO rights.
- Mt Jackson tenements shown on right. The tenements that have had DSO Rights divested are shown with hachuring.
GOLDZONE ROYALTY AND PAYMENTS
- Completion and Milestone payments up to $1.5m in Total
- $1 / Tonne royalty on DSO
- Yilgarn Iron responsible for all tenement costs
RIGHTS ARE FOR DIRECT SHIPPING ORE (DSO) ONLY
- Magnetite will be negotiated separately from DSO
YILGARN IRON 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.
