Large scale open cut potential

  • The Currajong Mine has largely worked the “Main reef” but drilling and records show that there are a series of vein deposits with the main vein up to 17m wide and formed by brecciated silicified rock.
  • Some pockets of very high grade ores were mined and the overall historical production is modest with only 8,000oz having been produced.
  • While much of the historic mining was via shafts to about 100m, an adit level development was driven 250m in from Adelong Creek that gives access to Currajong at around 150m below surface.
  • The larger lower grade mineralisation makes this an attractive target for open cut mining but there is also potential for lower cost underground mining from the adit level.

Currajong Project JORC Code compliant Mineral Resource Estimate (1g/t Au cutoff)1

Resource Class Proportion by oz Tonnes (t) Gold (g/t) Gold (oz)
Indicated 22% 106,000 2.42 8,000
Inferred 78% 232,000 3.97 30,000
Total 100% 338,000 3.48 38,000

Project area mineralised reefs & mullock.

Currajong Project – vein surfaces.