Trident Royalties PLC

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Warrawoona Gold Royalty

Trident owns a 1.5% Net Smelter Return royalty covering the down dip extension of the main 1.5MOz orebody at the Klondyke deposit operated by ASX listed Calidus Resources.

Warrawoona Gold Royalty

The royalty applies over an area totalling 153.52km2, providing coverage for at least 16 high priority exploration targets as well as mining licence M45/1290 which holds the eastern extension of the planned Klondyke open pit gold mine, which is currently fully financed and under construction. This extension, known as Klondyke East, has been scheduled for exploitation in Year 3 of the Warrawoona mining schedule.

For more information on Warrawoona, visit the Calidus Resources website.

LocationAustralia
OperatorCalidus Resouces (ASX:CAI)
CommodityGold
Mine TypeOpen Pit
StageAdvanced

Global Resource Estimate (JORC 2012)

Measured2.3Mt @ 1.0g/t – 72koz
Indicated30.4Mt @ 1.0g/t – 982koz
Inferred11Mt @ 1.33g/t – 442koz
Total43.7Mt @ 1.1-1,496koz

Global Reserve (JORC 2012)

Proven and Probable13.6Mt @ 1.2g/t-519koz

Royalty Tenements

TenementsM45/1290, E45/3381, E45/4622, E45/4666, M45/1290

Source: Calidus Resources (See announcement dated 29 June 2020 for Reserve & Resource breakdown.)

Royalty Area Map