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Australia

Taronga Project

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Australia

Taronga Project

Location: 8 km NW from Emmaville, New South Wales, Australia

Project Contacts:

First Floor, 47-48 Piccadilly
London
United Kingdom
W1J 0DT

Contacts:

Additional Resources for Suppliers & Investors

Categories

Overview

Mine TypeOpen Pit
StagePermitting
Commodities
  • Tin
  • Copper
  • Silver
Mining Method
  • Truck & Shovel / Loader
Mine Life... Lock
SnapshotA Definitive Feasibility Study (DFS) for Taronga tin project was published on May 2, 2024.

The project is currently going through the permitting process, and it is anticipated that an EIS will be submitted to relevant authorities, with development approval currently anticipated in the second half of 2025.

Owners

SourceSource
CompanyInterestOwnership
First Tin Plc 100 % Indirect
First Tin Plc (First Tin) owns the Taronga Tin Project through its 100% owned Australian unlisted public company subsidiary First Tin Australia Pty Ltd which holds 100% of Australian unlisted company Taronga Mines Pty Ltd (TMPL). The mineral rights for the project are held by TMPL.

Contractors

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SourceSource

Deposit type

  • Hydrothermal
  • Vein / narrow vein

Summary:

The Taronga tin deposit is hosted in Permian-Triassic hornfelsed sedimentary and volcanic rocks of the New England fold belt, assigned locally to the Grampians Formation. The host rocks were folded about their northwest to southeast (true bearings) axes with subsequent orthogonal re-folding. The host rocks were intruded by granites of Permian-Triassic age and these granites were the source of the tin, copper and silver mineralisation at Taronga. This is a classical geological setting for hydrothermal tin deposits of Eastern Australia.

Geological mapping indicates that the Taronga mineralisation occurs in sheeted quartz vein swarms within a north-east aligned anticlinal structure. Tin occurs within the swarms of quartz veinlets and tin mineralisation has been defined within two large zones, known as the Northern and Southern Zones. Two vein swarms in the Northern Zone are between 10m and 80m wide over lengths of between 600m and 650m to a depth of approximately 200m. Four separate vein swarms in the Southern Zone are 8m and 10m wide over lengths of between 150m and 550m, and have been outlined by previous drilling to a depth of approximately 150m.

Mineralogical studies as part of the metallurgical investigations for the deposit recognised three sequential events at varying mineralisation temperatures ranging from hightemperature, through intermediate temperature to low temperature with pneumatolytic hydrothermal and epithermal styles, respectively. The primary tin mineral cassiterite (SnO2) occurs with all three events and the greisen alteration occurs in the first two events.

As well as cassiterite, the Taronga deposit contains small concentrations of copper and silver as well as other elements including tungsten, molybdenum and fluorine.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

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Processing

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Production

CommodityUnitsAvg. AnnualLOM
Tin t 3,60030,613
All production numbers are expressed as metal in concentrate.

Operational metrics

Metrics
Annual mining rate  ....  Subscribe
Annual ore mining rate  ....  Subscribe
Annual milling capacity  ....  Subscribe
Stripping / waste ratio  ....  Subscribe
Waste tonnes, LOM  ....  Subscribe
Ore tonnes mined, LOM  ....  Subscribe
* According to 2024 study.

Production Costs

CommodityAverage
All-in sustaining costs (sold) Tin  ....  Subscribe
C1 cash costs (sold) Tin  ....  Subscribe
Assumed price Tin  ....  Subscribe
* According to 2024 study / presentation.

Operating Costs

CurrencyAverage
OP mining costs ($/t mined) AUD  ....  Subscribe
OP mining costs ($/t milled) AUD  ....  Subscribe
Processing costs ($/t milled) AUD  ....  Subscribe
G&A ($/t milled) AUD  ....  Subscribe
Total operating costs ($/t milled) AUD  ....  Subscribe
* According to 2024 study.

Project Costs

MetricsUnitsLOM Total
Pre-Production capital costs $M AUD  ......  Subscribe
Sustaining CapEx $M AUD  ......  Subscribe
Closure costs $M AUD  ......  Subscribe
OP OpEx $M AUD  ......  Subscribe
Processing OpEx $M AUD 209.8
G&A costs $M AUD 80.1
Total OpEx $M AUD  ......  Subscribe
Income Taxes $M AUD  ......  Subscribe
Royalty payments $M AUD  ......  Subscribe
Gross revenue (LOM) $M AUD  ......  Subscribe
Net revenue (LOM) $M AUD  ......  Subscribe
Operating margin, %  ......  Subscribe
EBITDA (LOM)  ......  Subscribe
Pre-tax Cash Flow (LOM) $M AUD  ......  Subscribe
After-tax Cash Flow (LOM) $M AUD  ......  Subscribe
Pre-tax NPV @ 8% $M AUD  ......  Subscribe
After-tax NPV @ 8% $M AUD  ......  Subscribe
Pre-tax IRR, %  ......  Subscribe
After-tax IRR, %  ......  Subscribe
After-tax payback period, years  ......  Subscribe

Required Heavy Mobile Equipment

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Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Nov 19, 2024
....................... Subscription required ....................... Subscription required Subscription required Nov 19, 2024

Total WorkforceYear
...... Subscription required 2024
...... Subscription required 2017

Aerial view:

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