Gidginbung

Australia, New South Wales

Commodity

Gold

Property Type

Royalty

Status

Advanced royalty

Royalty

2% NSR

Operator

LinQ Minerals

Overview

The Gidginbung concession, hosting the former operating Gidginbung Gold mine, is located approximately 16km northwest of the town of Temora in central New South Wales, Australia.

The mine historically produced over 540koz of gold at an average grade of 2.1 g/t between 1987 and 1996, and during its operation, was the single largest open cut gold mine in NSW. The royalty area covers 58km2 of LinQ Minerals’ wider Gilmore Project, an advanced copper-gold exploration project in New South Wales.

The Gilmore Project lies within the Macquarie Arc, which is also host to Evolution Mining’s 330kozpa Cowal gold operation. Other analogues include the nearby Northparkes and Cadia deposits.

The main targets in the project area are porphyry copper-gold and high or low sulfidation epithermal gold deposits. A number of mineralized systems have already been defined within the complex, including the historical Gidginbung high sulfidation epithermal gold mine and a number of mineralized porphyry prospects including The Dam, Estoril and Culingerai deposits. The project is adjacent to a major highway, railway, water and grid infrastructure.

Cornerstone assets

Caserones
Lundin Mining, Chile
Karlawinda
Capricorn Metals, Australia, Western Australia
Laverton
Genesis Minerals, Australia, Western Australia
Timok – Cukaru Peki
Zijin Mining, Serbia
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