Asset Report

Molejon gold mine

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12 June 2017

Molejon gold mine

Report summary

Petaquilla Minerals through its subsidiary, Petaquilla Gold, owns a 100% interest in the Molejon gold deposit, as well as all other gold and precious metal mineral deposits that might be developed within the Petaquilla mineral concession. The property is subject to a graduated 1% - 5% NSR royalty, based on the future gold price at the time of production, payable to Teck and Minnova (35% and 65% respectively).

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