MEEKATHARRA

Operator: Westgold Resources Ltd.

Location: Western Australia, Australia

Royalty: 1.5% NSR (gold)

Term of Royalty: Life of Mine

Meekatharra, covering the Paddy’s Flat, Yaloginda, Nannine and Reedy’s open-pit and underground mining centers, is owned and operated by Big Bell Gold Operations Pty Ltd., a subsidiary of Westgold Resources Ltd. Meekatharra is located in the Murchison District of Western Australia, approximately 15 kilometers south of the town of Meekatharra.

The Westgold Resources strategy is a staged approach to development of the Nannine, Paddy's Flat, Reedy’s and Yaloginda project areas with central processing at the Bluebird carbon-in-pulp (CIP) plant (1.4 – 1.8 million tonnes per annum) and associated infrastructure, which is the processing plant for the northern part of the Central Murchison Region.