ELIZABETH HILL
| PROJECT | Elizabeth Hill |
|---|---|
| COMMODITY | Silver, Nickel, Copper, PGE |
| LOCATION | Pilbara, Western Australia |
| DEPOSIT STYLE | Remobilised hydrothermal Ni–Cu ± Ag ± PGE system |
| KEY ATTRIBUTES | High grade silver deposit partially mined with numerous Ag/Cu/Ni/PGE anomalies |
| ASSET STAGE | Resource update plus resource definition |
| RESULTS | Pure silver intersection, average mine grade was 2,195 g/t Ag (70.24 Oz/t Ag) |
| NEXT PHASE OF WORK | Review remaining resource potential, local and regional trenching and target generation |
| DEAL PARTNER | Available |
| DEAL TERMS | TBC |
Elizabeth Hill is historically one of Australia’s highest grade silver mines and has produced over one million ounces at an average of 2,195 g/t Ag (70.24 Oz/t Ag) from an initial resource of just over four million ounces. The deposit was also unique for the exceptional native silver nuggets including, as previously reported, a single 180 Kg nugget. Mining ceased in 2000 due to a depressed silver price and a fall out between the JV partners East Coast Minerals and Legend Mining hence the remaining considerable untapped resource.
Limited sporadic exploration in the ML was done after mining ceased up to 2009 however numerous targets remain to be further tested to follow up on historical work as well as new targets not yet tested.