Southern Cross

Operator: Shandong Tianye Group

Location: Western Australia, Australia

Royalty: 1.5% NSR (all metals)

Term of Royalty: Life of Mine

Southern Cross operation is an operational project area comprising a number of underground and open-pit gold mines, owned by Barto Gold Mining Pty Ltd, a subsidiary of Shandong Tianye Group Bid Co Pty Ltd, and managed by Minjar Gold Pty Ltd., a subsidiary of Jinan High-tech Development Co. Ltd. The Southern Cross operation extends from Bullfich (in the North) to Marvel Loch (in the South) in Western Australia, approximately 13 kilometers south of the town of Southern Cross and 360 kilometers east of Perth.

The Southern Cross operation is located in the heart of the Southern Cross Greenstone Belt. Mined ore is transported on private haulage roads to a processing plant with capacity of 1 million tonnes per year. Camp facilities provide accommodation for employees at site, with a portion of employees also living in the nearby town of Southern Cross. The operation is connected to grid power and has good access to rail, Great Eastern highways and airports.