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Australia

Goschen Central Project

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Categories

Summary

Mine TypeOpen Pit
Study CompletedPreliminary Economic Assessment
Commodities
  • REE
  • Heavy Minerals
  • Xenotime
  • Terbium
  • Dysprosium
  • Neodymium
  • Praseodymium
  • Rutile
  • Ilmenite
  • Zircon
  • Monazite
Mining Method
  • Truck & Shovel / Loader
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SnapshotGoschen Central is a heavy mineral sand and rare earth element project.

The Goschen Central Project is based on a two-phase strategy:
• Phase 1: assumed producing a zircon-titania heavy mineral sand concentrate (HMC) and a monazite-xenotime rare earth mineral concentrate (REMC).
• Phase 2: Plant at a separate location to extract rare earth elements from the REMC and produce a mixed rare earth oxide (MREO).

Base case assumes that phase 2 integration commences in year 3 of operation.

In addition to zircon and titania, Goschen Central provides the opportunity to vertically integrate a heavy mineral sand mining operation with a rare earth processing plant (REPP) project, to unlock a significant uplift in value through the potential production of a mixed rare earth oxide (MREO) (or equivalent).
Latest NewsACDC Metals Limited: Outstanding Economic Potential Demonstrated with Goschen Central Scoping Study     June 12, 2025

Owners

SourceSource
CompanyInterestOwnership
Providence Gold and Minerals Pty Ltd. 20 % Indirect
ACDC Metals Ltd. 80 % Indirect
ACDC Metals has an 80% beneficial interest in the Goschen Central Project (EL5278), with the 20% held by Providence Gold and Minerals Pty Ltd (ACN 004 881 789) (PGM).

At completion of a Definitive Feasibility Study (DFS) a Joint Venture will be established. Where if PGM elects not to contribute its 20% share of cost after completion of the DFS, then PGM will be diluted using an industry standard formula.

Deposit type

  • Sedimentary

Summary:

The Goschen Central Project includes fine-grained sheet-style HMS mineralisation, interpreted to have been deposited in an off-shore environment. Fine grained, off-shore HM deposits in the Murray Basin are often referred to as WIM-style deposits.

WIM-style deposits have been long recognised as rich potential sources of zircon and titania products (rutile, ilmenite, leucoxene), however more recently have been acknowledged for their significant rare earth element content, held in the minerals monazite and xenotime.

Heavy mineral mineralisation at Goschen Central is of a fine-grained sheet geometry, interpreted to have been deposited in an off-shore environment. Fine grained, off-shore HM deposits in the Murray Basin are often referred to as WIM-style deposits.

The Goschen Central project is located in the Murray Basin of south-eastern Australia. The Murray Basin is a low-lying, saucer-shaped intra-cratonic depression containing thin, flat-lying Cainozoic sediments. It extends approximately 850 km from east to west and 750 km from north to south, covering an area of 300,000 km2 of south-western New South Wales, north-western Victoria and south-eastern South Australia.

A Tertiary succession of freshwater, marine, coastal, and continental sediments including HM were deposited in the basin. Much of the sedimentary sequence is the result of repeated marine incursions from the southwest, with the latest transgression-regression event resulting in deposition of the Late Miocene to Late Pliocene Loxton Sand (previously named the Loxton-Parilla Sand).

The Loxton Sand was deposited in shallow-marine, littoral, and fluvial conditions and comprises fine to coarse-grained, commonly moderately well-sorted sand with minor clay, silt, mica, and gravel and is the host sequence to all the known heavy mineral sand deposits in the Murray Basin. These deposits are of two principal types: the coarser-grained smaller “strand-style” occurrences and the finer-grained large WIM-style (e.g. Goschen Central).

The WIM-style deposits, named after the Wimmera area of the Murray Basin, consist of a solitary or composite broad, lobate sheet-like body of considerable aerial extent, highly sorted and associated with fine micaceous sand. These deposits are thought to represent accumulations formed below the active wave base in a near-shore environment, possibly representing the submarine equivalent of the strand-style deposits. The WIM-style deposits are considerably larger in tonnage and lower in grade than strand-style deposits.

Reserves

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Mining Methods

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Required Heavy Mobile Equipment

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Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

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Commodity Production

Heavy Minerals Concentrate (HMC) refers to zircon-titania HMC.
CommodityProductUnitsAvg. Annual
REE Concentrate kt 8.1
Heavy Minerals Concentrate kt 101
Total Rare Earth Oxides t 3,041
Xenotime Concentrate kt 0.5

Operational metrics

Metrics
Annual ore mining rate  ....  Subscribe
Annual production capacity  ....  Subscribe
Annual processing capacity  ....  Subscribe
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Ore tonnes mined, LOM  ....  Subscribe
* According to 2025 study.

Production Costs

CommodityUnitsAverage
Assumed price NdPr USD  ....  Subscribe
Assumed price Heavy Minerals USD  ....  Subscribe
* According to 2025 study / presentation.

Project Costs

MetricsUnitsLOM Total
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Expansion CapEx $M AUD  ......  Subscribe
Total CapEx $M AUD  ......  Subscribe
Pre-tax NPV @ 8% $M AUD  ......  Subscribe
Pre-tax IRR, %  ......  Subscribe
Pre-tax payback period, years  ......  Subscribe

Personnel

Mine Management

Job TitleNameEmailProfileRef. Date
....................... Subscription required ....................... Subscription required ........... Subscription required Subscription required Jul 11, 2025
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Workforce

Aerial view:

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