"Under the Royalty Agreement, the Company is entitled to a royalty of A$10 per ounce of gold extracted
from the Rothsay tenements commencing once Silver Lake has sold 10,000 ounces from the Rothsay gold
tenements. The Royalty payable to the Company will cease after the cumulative Royalty payments reach
an amount of A$595,000. Silver Lake has been updating the market on the development of the Rothsay
gold project in Western Australia in their ASX announcements."
Extra cash to further our project
Ann: Rothsay Royalty Agreement Update, page-2
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
