Acquisition of Benmara Project Tenements Completed

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Completion of acquisition of Benmara Project Tenements EL31287, EL32229 and EL33059 from Cedar Resources

Transaction satisfies a key Condition Precedent for the OZ Minerals Limited Farm-in agreement:

  • OZL can earn a 51% interest by spending $4m over five (5) years
  • RML may retain 49% interest by electing to participate from year six (6)
  • If RML elects not to participate , OZL has the option to earn a 75% interest by sole-funding
  • and delivering a Positive Final Investment Decision to Mine
  • Resolution remains Operator during the Earn-in period with technical input from OZL

OZ Minerals is undertaking the final steps of the due diligence process

Heritage surveys of proposed drill sites to commence in September 2022. 



Application for quotation of securities

Cleansing Notice