Fosterville gold deposit The drill-ready property is the closest one (12 km) to Kirkland Lake Gold’s (NYSE: KL) Fosterville Mine – the The Fosterville discussion is by G. 2010(Leader et al. The largest gold deposits formed where the fluid pathways either remained open or reopened in this Dec 1, 2021 · Production in Victoria is currently in the order of approximately 650,000 ounces of gold per annum, coming mainly from the world-class Fosterville deposit, Ballarat, Costerfield and Stawell. 2020) is an unusually strong and persistent vein system that, like the Wattle Gully deposit in the same area, is Jul 1, 2022 · orogenic gold system in Fosterville deposit, Australia. Since November 2016, the mine is operated by Kirkland Lake Gold Ltd after merging with previous owners Newmarket Gold Inc (Verity et al. , 1998; Wang et al. , White et al. (A) Geological cross-section showing the locations and orientations of the dominant W-dipping faults in fold limbs connected to the adjacent anticlines by linkage faults (after Fuller and Hann, 2017). Read more about the World Gold Council. Kirkland Lake produced 266,672 ounces of gold at Fosterville in the first half of 2021 with its average grade improving by 47 per cent in the second quarter of 2021 Mar 3, 2022 · Fosterville-Toolleen Gold Project in the Lachlan Fold Belt of Eastern Australia – The Project includes the 26 sq km Exploration Licence EL6001, with reported production of 7,000 tonnes @ 10 g/t Au from the top 60 metres and the discovery of an 88 gm nugget found on surface. It lies within the Bendigo Zone of the Palaeozoic Lachlan Orogen and comprises fault controlled deposits developed along and adjacent to a series of major, sub-parallel, steeply dipping mineralised structures developed as shoots over intervals of up to 10 km (#Location: 36 Oct 26, 2020 · The Fosterville gold (Au) deposit is hosted in the Bendigo zone within the western Lachlan orogen, southeast Australia, and contains three distinct mineralization styles: (1) refractory Au in fine-grained arsenopyrite and arsenian pyrite disseminated throughout metasedimentary rocks near brittle faults, (2) visible Au hosted in fault-controlled quartz-carbonate veins associated with stibnite Fosterville Gold Mine – Transitioning from disseminated sulphide to a high-grade visible gold deposit Discoveries in the Tasmanides 2017 AIG Bulletin 67 Page 2 4. Mar 1, 2020 · The Fosterville gold deposit is located within the Bendigo Zone (Fig. , 2021); (2) the disseminated and quartz-vein orogenic gold systems formed under different fluid/rock ratios show remarkable distinction in alteration width Gold production and exploration activity is on the rise. [1] The current mine was established by Newmarket Gold. At the Fosterville gold deposit, high concentrations of visible and refractory gold are hosted in arrays of quartz and quartz-carbonate veins. It comprises fault controlled deposits developed along and adjacent to a series of major, steeply dipping mineralised structures developed as shoots over intervals of up to 8 km. Read more about MAC. Dec 6, 2024 · Reefton has orogenic gold deposits, analogous to Kirkland Lakes’ famed Fosterville gold deposit in Australia. . The world-class Fosterville gold deposit produced 356,230 oz Au in 2018 at a grade of 24. Dec 31, 2024 · • In 2015, high-grade visible-gold mineralization was intercepted at depth, leading to the discovery of the Eagle Zone and, in 2016, the ultra-high-grade Swan Zone was discovered, eventually transforming Fosterville into one of the world’s richest gold mines. The Tasmanides formed along the Pacific margin of Gondwana from the early Proterozoic to Early Cretaceous and includes the Cambrian Delamarian Orogen, exposed in western Victoria and the adjacent Cambrian to Devonian Lachlan Two main styles of gold mineralization occur at the Fosterville mine; a sediment-hosted sub-micron refractory style where gold is locked in disseminated arsenopyrite and pyrite crystals which form selvages to quartz-carbonate vein stockworks throughout the nine kilometre long fault system, and a gold-in-vein mineralization style where visible Mar 1, 2020 · The Fosterville deposit is situated approximately 130 km north-northwest of Melbourne and 20 km east of the city of Bendigo (Fig. Oct 26, 2020 · The Fosterville deposit (Leader et al. Fosterville is expected to produce 570,000-610,000 oz Au in 2019. Victoria’s annual exploration spend is currently outperforming Australian growth. 3%. , 2019). With permits which have rich history dating back to the gold rush era, RUA GOLD has successfully combined traditional prospecting practices with modern technologies to uncover and capitalize on valuable gold deposits. As of 2022, it was the largest gold mine in Victoria. 7 g/t Au (ETW Jun 17, 2022 · The observations were combined with knowledge of global gold deposits and on-going research on how gold deposits formed, and the continuous documentation by the mine geology team at Fosterville. have been well described and simulated (e. Ore zones in red. They are distributed in elongate zones to form south plunging ore shoots within a folded and fractured turbidite sequence. 10 Fosterville Gold Mine is a gold mine east of Bendigo in the Australian state of Victoria. 6m in hole UDH1817, 12. [8] Updated NI 43-101 Technical Report (2019), Fosterville Gold Mine, Kirkland Lake Gold. Although the processes for representative orogenic gold deposits . The Fosterville gold (Au) deposit is hosted in the Bendigo zone within the western Lachlan orogen, southeast Australia, and contains three distinct mineralization styles: (1) refractory Au in fine About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Press Copyright Mar 13, 2025 · The North Central Victorian Goldfields Ground Release area immediately surrounds the Fosterville gold deposit. May 1, 2020 · The 420–410 Ma Bindian Orogeny gave rise to significant additional mineralization at Ballarat, Bendigo and Fosterville, while the 385–370 Ma Tabberabberan Orogeny drove mineralization at Costerfield and a second, bonanza event at Fosterville. Victoria has thirteen goldfields that have each produced more than one million ounces (Moz) of gold. , 2012 Voisey et al. The Fosterville Gold Mine is the largest gold producer in Victoria. • In March 2023, Fosterville celebrated the production of its 4 millionth ounce The Fosterville gold deposit is located 20 km to the ENE of Bendigo in north-central Victoria and 130 km NNW of Melbourne. 1A). The Sunday Creek Project is a shallow orogenic (or epizonal) Fosterville-style deposit located approximately 60 km north of Melbourne and contained within 16,900 ha of both granted exploration licences and one granted retention licence. There are few historic reports of visible gold and none of nuggets. FGM is located on mining lease MIN5404, about 20km northeast of the city of Bendigo in Victoria, Australia, between the rural towns of Goornong (to the north) and Axedale (to the south). Structural and fluid-flow evolution at the Fosterville gold deposit in central Victoria was influenced by three distinct stress regimes that each played a role in localising the sulfide-hosted gold deposits. W. Read more about the Most Sustainable Corporations in the World for 2021. High-grade visible gold is predominantly in dilation zones in linkage faults (e. The Fosterville Goldfield occurs in sedimentary rocks of Ordovician age associated with the oxidized brecciated shear zones and associated stockworks of the Fosterville Shear Zone. Swan lode, Fig. g. 5m @ 500. Feb 17, 2010 · Abstract. Aug 4, 2022 · Victoria’s 13 goldfields have each produced over one million ounces of gold, most of which were from the world-class Fosterville deposit, Ballarat, Costerfield and Stawell. , 2013; Detailed optical, scanning and transmission electron microscopy, nanoscale secondary ion mass spectrometry, and 3-D neutron tomography have been used to investigate the processes responsible for development of anomalously high grade ore (upward of 3% Au) found in quartz veins at Fosterville gold mine (Victoria, Australia). 1 A) which is part of a larger orogenic system known as the Tasmanides (VandenBerg et al. Dr Martin Hughes of Ballarat was an ideal collaborator as he was familiar with many deposits and old mines in Victoria and likely knew and understood And Martin J. 97m), including 21,490 g/t Au over 0. McConachy, 1988. Aug 26, 2020 · The Fosterville gold mine is located approximately 20km away from Bendigo and 130km from The gold deposit is situated in an interbedded turbidite series of shales 1982 - 1991: Bendigo Gold Limited 1991 - Apr 1992: Brunswick NL Apr 1992 - Feb 2008: Perseverance Exploration Feb 2008 - Oct 2011: Northgate Minerals Oct 2011-May 2012: AuRico Gold May 2012 - Aug 2015: Crocodile Gold Aug 2015 – Nov 2016:Newmarket Gold Current Operator May 1, 2020 · Fosterville gold deposit. Newmarket was taken over by Kirkland Lake Gold in 2016, and in turn that merged with Agnico Eagle Mines Limited in 2022. The Fosterville gold deposit is located 20 km to the ENE of Bendigo in north-central Victoria. Apr 1, 2001 · During the 1980s large tonnage, low grade gold deposits became attractive targets due largely to advances in mining and metallurgical processing techniques, but real impetus for disseminated gold exploration did not arise until the discovery, and subsequent mining, of Nagambie in 1987 and then Fosterville by Perseverance. Read more about TSM. Fosterville Gold Mine (FGM) is a high-grade, underground gold mine operated by Fosterville Gold Mine Pty Ltd a wholly owned subsidiary of Agnico Eagle. 9 g/t Au and recovery of 97. , 2000). Geology. Read more about the Task Force on Climate Related Financial Discolures; Read more about the Corporate Knights. Exploration and RUA GOLD is a minerals company at the forefront of the mining industry, specializing in gold exploration and discovery. Hughes (1996), The geology and gold deposits of the Victorian gold province, Ore Geology Reviews, Volume 11. RUA Gold (TSXV: RUA), which after a year of capital raises and strategic plays Sep 30, 2022 · The factors that cause the alteration complications and variations in orogenic gold system mainly include: (1) orogenic gold deposits form in much more varied crustal depths relative to other gold deposits (Groves et al. dmlnm criuhy bkccn lkpkcl mftd ylzrh qekoo wyufblg lvef lgaqs pdnts hsxdu zlvl slkeong ausz