Overview
The Crawford Gold Project is located in Leonora, Western Australia, approximately 25km east of St Barbara’s Gwalia mill.
The project is situated on the prolific Keith-Killkenny Tectonic Zone. Crawford is primarily a near surface, oxide-hosted supergene style mineralized system after Archaean greenstone-hosted, shear-related lode gold mineralization. Thicker zones of mineralization are found towards the base of oxidation, blanketing the fresh rock.
Cavalier Resources published a Pre-Feasibility Study in March 2024, outlining a potential 18-month operation extracting the highly recoverable oxidized portion of the Mineral Resource Estimate via conventional heap leach processing. Metallurgical test work returned recoveries of 77.4%-92.5% using minimal crushing requirements and very low cyanide consumptions, estimating a total of 23,467oz of recoverable metal from current reserves.
The study proposes a free digging operation (with no requirement for drill and blast activities) supported by a small fleet of excavators and haul trucks. The study demonstrates the projects viability as a low-cost, high-margin gold producer in one of Australia’s most prolific gold mining regions. The resource remains open along strike and at depth, providing the possibility for additional oxide (and sulfide) material to be incorporated into the mine plan.
Cornerstone assets
