Sams Creek Gold Project (Royalty)
The Sams Creek Gold Project is located 140km north-east of Reefton and 100km north-east of Lyell on the south island of New Zealand. The Sams Creek Gold Project currently has a significant JORC 2012 Mineral Resource and is being explored by Siren Gold Limited (ASX:SGN).
Through its wholly owned subsidiary Royalco Resources (No 1) Pty Ltd, Fitzroy holds a royalty of 1% of all product (gold, ores, concentrates or other minerals) that is produced from the Sam’s Creek Gold Project.
Byron Energy Limited (Investment)
Fitzroy holds approximately 11.2 million shares in Byron Energy Limited (ASX:BYE). This investment is currently valued at approximately $0.92 million (as at 31-Mar-23).
Byron Energy is an independent oil and natural gas exploration company, headquartered in Australia, with operations in the shallow water offshore Louisiana in the Gulf of Mexico.