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Australia
Agate Creek Mine

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 Location:
330 Km W from Townsville, Queensland, Australia

  Address:
Level 21, Matisse Tower 110 Mary Street
Brisbane
Queensland, Australia
QLD 4000
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Overview

StageProduction
Mine TypeOpen Pit
Commodities
  • Gold
Mining Method
  • Truck & Shovel / Loader
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.


Owners

Source: p. 1
CompanyInterestOwnership
Laneway Resources Ltd. 100 % Indirect
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 ........


Mining Methods

  • Truck & Shovel / Loader


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.


Crushing and Grinding


Processing

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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.

CommodityUnits20202019
Gold oz  ......  Subscription required  ......  Subscription required
All production numbers are expressed as metal in doré.
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Operational Metrics:

Metrics2019
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.

CategoryTonnage CommodityGradeContained 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:

Units2020
Revenue M USD  ......  Subscription required



Heavy Mobile Equipment:

Mine Management:

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Sep 21, 2022
....................... Subscription required ....................... Subscription required Subscription required Sep 21, 2022
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Corporate Filings & Presentations:

DocumentYear
Annual Report 2022
Corporate Presentation 2022
Press Release 2022
................................... Subscription required 2021
................................... Subscription required 2021
................................... Subscription required 2020
................................... Subscription required 2020
................................... Subscription required 2019
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