Wembley Durack

Operator: Westgold Resources Limited

Location: Western Australia, Australia

Royalty: 1.0% NSR (all metals)

Term of Royalty: Life of Mine

Wembley Durack is a development project, part of the larger Fortnum Gold Operation, owned by Aragon Resources Pty Ltd., a subsidiary of Westgold Resources Limited (“Westgold”). Wembley Durack is located in the northern region of the Central Murchison District, in Western Australia, approximately 110 kilometers north of Meekatharra.

In the Peak Hill Region, Westgold is focused on updating its geological and geophysical models, field geological mapping and target investigation. Royal Gold’s Wembley Durack royalty interest covers a small portion of Peak Hill.