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Australia

A1 Mine

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Summary

Mine TypeUnderground
StatusCare and Maintenance
Commodities
  • Gold
Mining Method
  • Airleg stoping
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SnapshotThe A1 Gold Mine is one of Australia’s longest-operating mining sites.

The A1 ore is treated at the Kaiser’s wholly owned Maldon Processing Plant.

On 8 September 2025, the management of Kaiser determined to halt production activities over the coming weeks and place the A1 Gold Mine (MIN5294) on Care and Maintenance. This decision follows announced on 29 August 2025 a strategic review of the A1 Mine that was prompted by lower gold production within the Nova Zone. Some recent drilling is still being assayed as part of a longer-term assessment and the site will be maintained to support underground exploration in the near term.
Related AssetUnion Hill Mine

Owners

SourceSource
CompanyInterestOwnership
Kaiser Reef Ltd. 100 % Indirect
Kaiser acquired 100% of Centennial Mining Ltd and therefore a 100% interest in Centennial's assets, including the A1 gold mine.

Contractors

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Deposit type

  • Breccia pipe / Stockwork
  • Vein / narrow vein

Summary:

The project area lies within the Woods Point Walhalla Synclinorium structural domain of the Melbourne Zone, a northwest trending belt of tightly folded Early Devonian Walhalla Group sandy turbidites. The domain is bounded by the Enoch’s Point and Howe’s Creek Faults, both possible detachment-related splay structures that may have controlled the intrusion of the Woods Point Dyke Swarm and provided the conduits for gold bearing hydrothermal fluids.

The A1 deposit in general is characterised by narrow, very high-grade gold veins that are exploited using airleg stope mining within an extensive intrusive diorite. The Queens Lode is a large high-grade unmined part of the larger A1 gold mine system that is quite distinct from the typical ore mined historically, and still, at A1.

Most gold mineralisation in the Woods Point to Gaffney’s Creek corridor occurs as structurally controlled shear-zone hosted dilational breccias and stringer quartz vein systems hosted by dioritic dyke bulges. The A1 Mine is central to this corridor, with gold mineralisation contained within the steeply dipping main southern diorite dyke bulge and a smaller northern diorite dyke. The dyke is cut and offset by a series of mainly reverse faults which host most of the gold mineralisation.

Gold is associated with intense quartz-ankerite-muscovite-sulphide wall rock alteration around dilational breccia veins with branching quartz-sulphidic stringer veins or narrow veins within reverse fault systems hosted by the dyke or where fault offsets show the dyke contact on one vein wall and metasedimentary rocks on the other. Wide zones of quartz stinger veins and carbonate-sulphide altered wall rock are more amenable to bulk mining techniques.

Reserves

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Mining Methods

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Heavy Mobile Equipment

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Comminution

Crushers and Mills

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Processing

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Commodity Production

During the 5 month period under the Kaiser Reef Limited’s ownership, the A1 Mine produced 2,178 ounces in 2021.
CommodityUnits202520242023202220202017
Gold oz  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe15,840
All production numbers are expressed as metal in doré.

Operational metrics

Metrics202520242023202220202017
Tonnes processed  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
Ore tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe84 kt

Production Costs

Commodity production costs have not been reported.

Mine Financials

Units2024202320222017
Revenue M  ....  Subscribe  ....  Subscribe  ....  Subscribe 26  USD
Operating Income M  ....  Subscribe  ....  Subscribe  ....  Subscribe
Gross profit M  ....  Subscribe  ....  Subscribe  ....  Subscribe
Pre-tax Income M  ....  Subscribe  ....  Subscribe  ....  Subscribe
After-tax Income M  ....  Subscribe  ....  Subscribe  ....  Subscribe
EBIT M  ....  Subscribe  ....  Subscribe  ....  Subscribe
EBITDA M  ....  Subscribe  ....  Subscribe  ....  Subscribe
Operating Cash Flow M  ....  Subscribe  ....  Subscribe  ....  Subscribe

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Nov 9, 2025
....................... Subscription required ....................... Subscription required Subscription required Nov 9, 2025
....................... Subscription required ....................... Subscription required Subscription required Nov 9, 2025

Workforce

Aerial view:

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