Charters Towers

  • 18 Mining Leases granted
  • 9 Exploration Permits granted
  • 605km2 tenement and mining rights in a premium geological location and gold producing region
  • 10+ brownfield gold mines on the tenements, less than 50km from the plant
  • 420koz (inferred) JORC 2012 compliant gold resources for focus projects, target of 250koz mineable from first pits
  • 1-2Moz JORC 2012 compliant Exploration Targets on focus projects

 

Charters Towers has been a prolific gold and copper producing district for more than 150 years. Until the mid-1980’s, Charters Towers QLD produced more gold than Kalgoorlie and by comparison is now substantially under-explored and a prime target for consolidation. There are currently 778 gold deposits registered with Geological Survey of QLD within a 100km radius of the mill, excluding those owned by operating mines. Operating mines in the region include Ravenswood and Mt Wright (EMR), Pajingo (MINJAR) and Thalanga (RED RIVER).

 

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