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New Zealand

Correnso Mine

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Categories

Overview

Mine TypeUnderground
StatusClosing / Closed
Commodities
  • Gold
  • Silver
Mining Method
  • Avoca
  • Cut & Fill
Backfill type ... Lock
Production Start... Lock
SnapshotThe Correnso mine is a part of the Waihi Operation. Narrow vein mining continued in Correnso until mid 2022 before backfilling and other closure activities commenced.

As of 2023, mining has ceased at the Correnso mine, but backfilling activities required by the consent conditions will continue until late 2026.
Related AssetWaihi Operation

Owners

SourceSource
CompanyInterestOwnership
OceanaGold Corp. 100 % Indirect
The Waihi project is managed by OceanaGold (New Zealand) Limited, a 100% owned subsidiary of the OceanaGold Corporation.

Deposit type

  • Epithermal
  • Vein / narrow vein

Summary:

The deposits discovered by Waihi Gold to date are considered to be typical of epithermal vein gold – silver deposits. In the opinion of the Qualified Persons (QPs), features that the Waihi deposits display that are typical of epithermal gold deposits include:
• Host lithologies for veins are andesite flows and volcaniclastics.
• Gold-silver mineralisation is hosted in localized bands within multiphase quartz veins.
• Host andesitic volcanics have undergone pervasive hydrothermal alteration, often with complete replacement of primary mineralogy.

The major gold - silver deposits of the Waihi District are classical low sulphidation adularia-sericite epithermal quartz vein systems associated with north to northeast trending faults. Larger veins have characteristically developed in dilational sites in the steepened upper profile of extensional faults with narrower splay veins developed in the hanging wall of major vein structures. Moderate to steeply dipping veins or vein systems are characterised by 200 to 2000m of strike, 170 to 700m vertical range and upwards of 30m individual vein widths; – but more typically 1-5m. The main ore minerals are electrum and silver sulphides with ubiquitous pyrite and variable though usually minor sphalerite, galena and chalcopyrite in a gangue consisting of quartz, locally with calcite, chlorite, rhodochrosite and adularia. Base metal sulphide content generally increases with depth.

The Correnso epithermal vein system is part of the greater Waihi epithermal vein system. It trends northerly and lies between the Martha Hill deposit to the west and the Union/Amaranth/Trio and Favona deposits to the south and southeast. The dominant host lithology is quartz phyric andesite lava, also the main host lithology for the Martha Vein System. The quartz andesite unit attains thicknesses in excess of 400m in the Union Hill – Waihi East area with only minor variation in texture or modal composition. The Correnso system comprises a main lode with smaller splays veins on both the hanging wall and footwall sides. The main mineralized lode is interrupted to the north by a NE trending calcite-quartz (barren) structure. The grade distribution to the north is increasingly complicated by bands / lobes of low grade calcite-quartz which appear to have flooded the system post Au mineralization. The main gold mineralisation lies between 900mRL and 775mRL. Gold-silver mineralisation is dominantly hosted in localized bands within multiphase quartz veins. There is an association of sphalerite, galena and chalcopyrite with gold-silver mineralisation throughout the deposit. The lower part of the deposit is base metal rich with galena (up to +3% Pb) and sphalerite (up to +1% Zn).

Reserves

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Mining Methods

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Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

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Production

Combined production numbers are reported under Waihi Operation

Operational metrics

Metrics2021202020192018
Plant annual capacity  ....  Subscribe  ....  Subscribe800,000 t800,000 t

Production Costs

Commodity production costs have not been reported.

Operating Costs

Currency20182016
UG mining costs ($/t mined) USD 58.4  52.1  
Processing costs ($/t milled) USD  ....  Subscribe  ....  Subscribe

Heavy Mobile Equipment

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Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required May 21, 2024
....................... Subscription required ....................... Subscription required Subscription required May 21, 2024

EmployeesYear
...... Subscription required 2019

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