Overview
Stage | Production |
Mine Type | Open Pit |
Commodities |
|
Mining Method |
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Production Start | ...  |
August 31, 2022 - Laneway Resources Limited commenced processing of Agate Creek high grade gold ore following completion of the refurbishment and recommissioning of the Georgetown Gold Processing Plant.
September 9, 2022 - The first gold pour took place late yesterday at the Georgetown Gold Processing Plant from the processing of high-grade ore mined at the Sherwood deposit within Agate Creek Gold Mine in North Queensland. |
Source:
p. 1
Laneway’s 100% owned Agate Creek Gold Project in North Queensland.
Contractors
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Deposit Type
- Vein / narrow vein
- Intrusion related
- Epithermal
- Mesothermal
Summary:
The main styles of gold mineralisation in the area are epithermal and meso-thermal systems, which are generally associated with multiple intrusive phases associated with the Robertson Fault Zone. Narrow-vein mining has also previously taken place within the Forsayth area along or adjacent to the fault traces. The Robertson Fault Zone is recognised as one of the main controlling features for mineralisation in the region.
Gold mineralisation at Sherwood is a low-sulphidation, adularia-sericite type epithermal system genetically related to the emplacement of Permo-Carboniferous porphyritic rhyolite and andesite extrusives and intrusives. Most mineralisation occurs within the Robertson Fault Zone, at the intersection of the Robin Hood Fault and is spatially associated with (and often within) rhyolite. The mineralised zones are interpreted as boiling outflow zones, likely fossil geysers. The Agate Creek Fault forms the eastern boundary to mineralisation but remains open in all other directions and at depth.
There are two principal mineralised areas currently identified at Sherwood and Sherwood West.
Additional infill drilling from 2014 in the upper part of Sherwood has allowed a higher grade domain to be defined with confidence as a shallow NW dipping lens of mineralisation. The lens is 250 m long by 50 to 100 m wide and 2 to 8 m thick.
Sherwood West is hosted within a brecciated rhyolite, infilling a thrust fault truncated in the north by the Zig Zag Fault. The faulting allo ........

Summary:
During the 2021 financial year Laneway obtained a Mining Licence for its high grade near surface gold project at Agate Creek. A Mining and Processing Agreement was entered into with Maroon Gold Pty Ltd.
Mining at Agate Creek has continued to demonstrate higher than modelled gold grades. Mining of the initial Sherwood open pit shell design has recently been completed prior to mining operations moving to the next open cut pit at Sherwood West.
Source:
Summary:

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Production:
On 8 September 2022 Laneway’s first gold pour has occurred at the recently refurbished Georgetown Gold Processing Plant.
Commodity | Units | 2020 | 2019 |
Gold
|
oz
| ......  | ......  |
All production numbers are expressed as metal in doré.
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Operational Metrics:
Metrics | 2019 |
Ore tonnes mined
| 69,759 t |
Tonnes processed
| 69,759 t |
Reserves at January 30, 2020:
Mineral Resource at 0.5 g/t gold cut-off grade.
The Mineral Resources as at 30th June 2021 at Agate Creek mine are unchanged from January 30, 2020.
Category | Tonnage | Commodity | Grade | Contained Metal |
Measured
|
0.015 Mt
|
Gold
|
4.91 g/t
|
2,400 oz
|
Indicated
|
4.63 Mt
|
Gold
|
1.55 g/t
|
231,000 oz
|
Inferred
|
3.69 Mt
|
Gold
|
1.15 g/t
|
136,000 oz
|
Total Resource
|
8.34 Mt
|
Gold
|
1.38 g/t
|
370,000 oz
|
Financials:
| Units | 2020 |
Revenue
|
M USD
| ......  |
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