Wisemans Creek and Ophir are no longer GRL. Grl still have their...

Wisemans Creek and Ophir are no longer GRL.
Grl still have their interest in Calarie which is 49% if they contribute.

from the announcement of the 21st of march 2022,
• Following a tenement review, Godolphin is to progress the sale of its Ophir
(EL8323) and Wiseman’s Creek (EL8554) Projects to Orange Minerals NL
(ASX: OMX)
• $550,000 sales value includes receipt of $275,000 cash plus OMX shares
(price 10-day VWAP at issue date)
• Godolphin is to retain JV interest in its 100% Calarie Gold Project, providing
potential upside

from the 18th december 2020
Under the terms of the Agreements, Orange can earn 51% of the Calarie Project
(EL8555, EL8580, ML739) by spending $0.75 million, and 51% of the Wiseman’s Creek
(EL8544) and Ophir (EL8323) projects by spending $0.35 million on each Project. The
Term Sheets stipulate that Orange must spend a minimum of $250k on the Calarie
Project (including 1,000 metres of drilling) and a minimium of $100k on each of the
Wisemans Creek and Ophir Projects (including 500 metres of drilling) before 28
February 2022.

Godolphin has an option to contribute after Orange has earned 51% in these projects.
If Godolphin declines that option, then Orange may earn up to 70% of the Calarie Project
by spending an additional $0.75 million ($1.5 million in total) by February 2026, and up
to 70% of the Wiseman’s Creek and Ophir Projects by spending an additional $0.65
million ($1.0 million in total for each Project) by February 2026.