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RBM operates out of the Zulti North lease area, which houses both a mineral separation plant and a smelting facility.
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The transaction will be settled via the issuance of fully paid ordinary shares in Dreadnought Resources.
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The project comprises 57 claims covering 1,140 acres, located around eight miles south-east of Twentynine Palms.
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The company will issue 750,000 common shares to 2099840 Ontario, trading as EGS.
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The operation transports feed-grade ore to the plant, using controlled logistics to gradually expand milling capacity.
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