Asset Summary
| Asset | Merlin and Electric Dingo |
| Interest | 0.75% Gross Revenue Royalty (>250koz production) |
| Commodity | Gold |
| Location | Australia |
| Stage | Exploration |
| Counterparty | Black Cat Syndicate Limited |
| Additional Notes | Located 5km from Paulsens mill. |
Asset Highlights
- The Merlin project is an exploration stage gold project located in Western Australia. Merlin is located 5km from the Paulsens Gold Mine and 200km northwest of the historical Mt Olympus mine on the Ashburton royalty tenements.
- Northern Star Resources - Maiden Ashburton Resource Estimate (28 Feb 2013, estimate reconfirmed on 1-Aug-2019) included 523Kt @ 1.4g/t Au.
- Black Cat Syndicate acquired the Paulsons Project from Northern Star Resources in June 2022, and has reprioritized the royalty-linked Merlin and Electric Dingo gold deposits as potential sources of open pit material for the existing Paulsens processing facility.