Jervois has accumulated royalties over several projects in which it was previously involved. These are now viewed as non-core assets and the Company is seeking strategies to monetise these holdings.
Jervois has a 1.5% NSR on any production from Forest Reefs which is held by Newcrest. This project is currently in the exploration phase.
MT MOSS ROYALTY
Jervois holds a 1.5% NSR over any base metal, magnetite or silver production from Mt Moss mine in Queensland, Australia. The mine is currently on care and maintenance and had a production capacity of approximately 0.5Mtpa magnetite prior to operations ceasing. Remaining resources were estimated at December 2012 as 11Mt @ 44.5% Fe in oxide (hematite) and 9.4Mt @ 45.0% Fe (magnetite). The mine also has the geological potential to produce copper and zinc concentrates as secondary products due to its skarn classification.