Welcome Again
25km south of Charters Towers
Key facts
| Location | 25km south of Charters Towers, North Queensland; about 200km by haul road from the hub |
|---|---|
| Status | Production Ready |
| Processing route | CIL feed |
| Commodity | Gold |
| Tenure | Mining Leases ML10125 and ML10124 |
| JORC resource | 102,000 oz Au: Indicated 24,000 oz @ 24.0 g/t plus Inferred 78,000 oz @ 10.7 g/t |
| Resource estimate | Pathfinder Exploration, 2020 |
| Ore Reserve | 20,100 oz at 12.01 g/t Au (current formal Ore Reserve) |
Overview
Welcome Again is the portfolio’s highest-grade asset. It lies 25km south of Charters Towers on Mining Leases ML10125 and ML10124, about 200km by haul road from the processing hub, and is planned as feed for the CIL circuit.
The JORC resource is 102,000 oz of gold: 24,000 oz Indicated at 24.0 g/t plus 78,000 oz Inferred at 10.7 g/t. The current formal Ore Reserve is 20,100 oz at 12.01 g/t Au.
The mineralisation is Charters Towers-style, which is known to extend to 1,200m depth in the district.
Highlights
- Indicated resource of 24,000 oz @ 24.0 g/t Au, the highest grade in the portfolio
- Charters Towers-style mineralisation, known to extend to 1,200m depth in the district
- Free, coarse gold with pyrite and negligible deleterious elements
- Regional CIL recoveries on the same ore style: Blackjack 95–97%, Citigold 98%, Imperial Mine above 97%
Maps and sections
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