An unlisted public company with multiple gold & antimony assets, a centralised processing hub and 487,000 oz of gold in JORC resources.
Laboratory assays from the 2026 drilling, then the updated Camel Creek JORC Mineral Resource.
Timeline
Multiple gold & antimony assets feed a centralised processing hub at Camel Creek, Great Eastern Gold’s biggest resource, each through the route that suits its ore.
Camel Creek, Golden Cup, Amanda Bel Oxide and the Camel Creek Heaps sit on one 100,000 ha tenure package about 70km west of Ingham.
Welcome Again, in the Charters Towers district, and Big Rush, in the Greenvale district, are each about 200km by road from the hub. Their ore is trucked to the CIL circuit.
Every metallurgical assumption is anchored to historical or tested data: plant-scale production, bench testwork, or both.
Company targets
2026 drilling begins at Camel Creek and Black Bull
Camel Creek Development Study completed
2026 drilling due to finish; laboratory assays and the updated Camel Creek JORC Mineral Resource follow
Construction starts at Camel Creek: flotation plant stage 1 and Pit 8/10; heap leach construction begins
First production at Camel Creek
Ore from Pit 8/10; plant expansion begins; Amanda Bel Oxide ore joins the heap leach
Black Bull open cut starts
Open cut mining starts at Pits 12 and 15, Camel Creek
CIL circuit starts at 250,000 t a year
Pits 12 and 15 underground starts
Black Bull underground starts; flotation plant at about 1Mtpa; CIL reaches 1,000,000 t a year
Timelines, production starts and plant capacities are company targets based on current assumptions. They are not guarantees, and actual results may differ.
487,000 oz of gold is currently JORC-compliant across the portfolio. Antimony at Camel Creek is not yet in a JORC resource; its first estimate is in preparation.
| Mine | JORC resource | Grade | Category and source |
|---|---|---|---|
| Camel Creek | 202,000 oz Au | 2.6 g/t Au | Indicated 130,000 oz + Inferred 72,000 oz; Widenbar & Associates, 2022 |
| Big Rush | 153,000 oz Au | 2.61 g/t Au | Indicated 99,000 oz + Inferred 54,000 oz; Widenbar & Associates, 2022 |
| Welcome Again | 102,000 oz Au | 10.7–24.0 g/t Au | Indicated 24,000 oz + Inferred 78,000 oz; Pathfinder Exploration, 2020 |
| Golden Cup | 30,000 oz Au | 3.6 g/t Au | Inferred; AKB Mining Geology Services, Dec 2019 |
| Total | 487,000 oz Au |
Amanda Bel Oxide and the Camel Creek Heaps have no JORC resource and are not in this table.
Positions are indicative. Map data: Natural Earth; elevation from Terrain Tiles (Mapzen, SRTM). Scroll to zoom; drag to move the map; turn it with the arrow buttons, or Shift + drag. Scroll to zoom; drag to move the map; turn it with the arrow buttons, or Shift + drag. Drag to move the map; pinch to zoom. Drag to move the map; turn it with the arrow buttons; pinch to zoom.
Two drilling programs on ground where mineralisation has already been demonstrated.
One 8,000m campaign on three targets with demonstrated mineralisation.
33,000m (26,000m RC, 7,000m diamond) across Golden Cup and ranked Amanda Bel Gold & Antimony Fields targets.
This is resource development on already-demonstrated mineralisation, not exploration for new discoveries.
Professor Neil Phillips has noted strong geological similarities between the Amanda Bel Gold & Antimony Fields and the Carlin-type gold systems of Nevada.