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Australia

Deflector Mine

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Summary

Mine TypeUnderground
StatusActive
Commodities
  • Gold
  • Copper
Mining Method
  • Longhole open stoping
  • Avoca
Backfill type ... Lock
Production Start... Lock
Mine Life... Lock
SnapshotThe Deflector mine is part of the Deflector Operation and comprises two main mining areas: Deflector Main and Deflector South West.

At Deflector, FY25 focused on depleting the Deflector Main mining areas and progressing to the Spanish Galleon zone, with Deflector approaching the yield phase of its mine life.

Towards the end of the FY25, works commenced on access to the Spanish Galleon ore zone, which will become the focus of mining through FY26 and FY27.

In October 2025, Vault began transitioning the Deflector underground to an owner-operator model, investing $11.5 million in new mining equipment to improve long-term efficiency.
Related AssetDeflector Operation

Owners

SourceSource
CompanyInterestOwnership
Silver Lake (Deflector) Pty Ltd (operator) 100 % Direct
Vault Minerals Ltd. 100 % Indirect
The Deflector mine is indirectly wholly owned by Vault Minerals Limited.

The Vault Minerals Limited has been decided as the new name of the merged Red 5 Limited and Silver Lake Resources Limited following their merger in June 2024. All Silver Lake shares have been transferred to Red 5.

Silver Lake (Deflector) Pty Ltd, a wholly owned subsidiary of Silver Lake Resources Ltd, operates the Deflector Gold-Copper Mine.

Deposit type

  • Breccia pipe / Stockwork
  • Vein / narrow vein
  • Banded iron formation hosted

Summary:

The Deflector deposit is a gold-copper mineral system located within the Gullewa Greenstone Belt of the Yilgarn Craton, Western Australia. The stratigraphic sequence at Gullewa comprises a lower group of ultramafic and mafic greenstones with minor local BIF units, overlain by intermediate and felsic volcanic rocks, with an upper association of clastic sediments, including shale, sandstone, conglomerate and turbidites. Three distinct lithological domains – northern, southern and eastern have been identified.

The Gullewa Goldfield and the Deflector deposit occur in the northern domain, which is dominated by high-magnesium basalts and contains a distinct package of tholeiitic basalt and BIF, which is the preferred host for much of the known mineralisation. A thin sequence of turbidites and black shales is present in drilling southeast of the Deflector trend, where the rocks young to the southeast towards the Gearless Well Trachyandesite.

The Deflector deposit lies beneath a broad drainage system, comprising sheetwash, and a braided channel deposit that transports alluvium from the northwest through the project area towards the Salt River. Beneath the cover sequence, the Deflector deposit is hosted by a monotonous sequence of pillowed, variolithic, high-magnesium basalts that have been intruded by dacitic porphyry, dolerite and dolerite – lamprophyre dykes typically oriented 45° towards 240°) and exlithic stock. Underlying the northwestern side of Deflector is a large area of metabasalt that has a thickness of at least 300 m, strikes 045° and dips steeply to the southeast. The metabasalt is in contact with a sedimentary unit dominated by siltstone on the southeastern side of the deposit.

The high-magnesium metabasalt is generally black, fine grained, extremely hard and lacks any obvious cleavage. A needle-like texture that is similar to spinifex textures in komatiites is observed in approximately half of the basalt units and the others have poorly developed pillows.

The heterogeneous nature of the sedimentary sequence makes rock identification difficult. Siltstone is interpreted to be the major rock type in the sedimentary zone, which is mostly black and graphitic; however, it can be locally pale brown or grey. There is an absence of cleavage or fissile bedding. The sedimentary sequence is cut by quartz feldspar porphyries and dark grey to black, intermediate biotite lamprophyres.

A major sinistral reverse fault in the north end of the mine, called the Shredder Fault, offsets the ore lodes by approximately 35 m and is itself intruded by dacitic porphyry.

The mineralisation type is classified as a hybrid Archean orogenic gold-copper type within the Gullewa greenstone sequence. The deposit comprises a series of en echelon veins hosted within a flexure in the greenstone stratigraphy.

Locally, the Deflector mineralisation is hosted in six main vein sets, referred to as the Western, Central, DaVinci, Contact, Southwest, and the newly defined Spanish Galleon Lodes.

Ongoing work at Deflector Southwest indicates that it is likely the continuous strike extension of the Western domain. The main lodes are narrow, sub-parallel, fault-hosted, quartz-sulphide veins within a thick sequence of high-Mg basalt intruded by a series of dacitic, dolerite, and lamprophyric dykes. The mafic sequence is bound in the east by a volcaniclastic unit, and in the west by an ultramafic unit. Spanish Galleon mineralisation is to the west of the Deflector system and is hosted within a coarse dolerite unit as massive sulphide veins and thinner stockwork style veinlets. The host dolerite is bound to the east by basalt, sediment and ultramafic units, and to the west with a footwall sediment unit followed by further ultramafics. The metamorphic grade is defined as lower greenschist facies.

Chalcopyrite is the only significant copper-bearing mineral in the primary unweathered mineralised areas of the lodes, with pyrite also occurring. The oxidised zone contains the copper minerals malachite and chrysocolla, with native copper being common in the lower parts of the zone and closely correlated with cuprite.

Dimensions
The Deflector resource extents are approximately 1,600m along strike, 430m across strike and 630m below surface. These extents host approximately 157 known mineralised zones (mineralised domains). The mineralised zones typically vary between 0.3 to 1m in width.

The Spanish Galleon resource extents are approximately 400m along strike, 200m across strike and 200m below surface. These extents host approximately 5 known mineralised zones (mineralised domains). The mineralised zones typically vary between 0.3 to 5m in width.

Reserves

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Mining Methods

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Heavy Mobile Equipment

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Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

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Commodity Production

CommodityProductUnits202520242023202220212020201920182017
Gold Metal in ore koz  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
Copper Metal in ore t  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
Gold Metal in conc./ doré koz  ....  Subscribe876549
Copper Metal in concentrate t  ....  Subscribe2,7673,4004,599
Copper Concentrate kt  ....  Subscribe14
Gold Equivalent Metal in conc./ doré oz  ....  Subscribe97,063

Operational metrics

Metrics20252024202320222021202020192017
Ore tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe633,896 t429,614 t
Tonnes milled  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe607,116 t444,987 t
Annual processing capacity  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe480,000 t

Production Costs

CommodityUnits2020201920182017
Credits (by-product) Gold AUD  ....  Subscribe -123 / oz  
All-in sustaining costs (sold) Gold AUD  ....  Subscribe 1,048 / oz **  
All-in sustaining costs (AISC) Gold AUD 1,190 / oz **   1,018 / oz **  
** Net of By-Product.

Mine Financials

Units20202017
Revenue M AUD  ....  Subscribe 97.3  
Pre-tax Income M AUD -17.9  
EBITDA M AUD  ....  Subscribe

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Nov 12, 2025
....................... Subscription required ....................... Subscription required Subscription required Nov 12, 2025
....................... Subscription required ....................... Subscription required Subscription required Nov 12, 2025

Workforce

Total WorkforceYear
...... Subscription required 2024
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...... Subscription required 2023
...... Subscription required 2022
...... Subscription required 2021
...... Subscription required 2020
...... Subscription required 2019
...... Subscription required 2018
...... Subscription required 2017
...... Subscription required 2016

Aerial view:

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