Gympie Gold Project
Location: GYMPIE, QUEENSLAND, AUSTRALIA
Ownership: 100% AURUM PACIFIC
Tenure: ML 50114, EPM 28416, EPM 27228
Resource: Gold
Type: BROWNFIELD UNDERGROUND MINE (CURRENTLY CLOSED) WITH IN-MINE, NEAR-MINE AND REGIONAL EXPLORATION
Project Overview:
Aurum Pacific Group, through its wholly owned subsidiary New Gympie Gold Pty Ltd, holds the permits covering the entire consolidated Gympie goldfield and existing underground mine infrastructure (collectively referred to as the Gympie Gold Project). The company holds Mining Lease (ML 50114) covering the underground mine infrastructure for the Gympie gold mine, a core Exploration Permit (EPM 28416) covering the in-mine and near-mine areas of the Gympie goldfield, as well as a second prospective regional Exploration Permit (EPM 27228) over the remainder of the goldfield.
Aurum Pacific has developed a substantial body of exploration data, geological interpretations, resource models and historic operational mining information, leveraged from the mine’s prior operations, which supports the company’s restart strategy for the Gympie Gold Project.
The Gympie Gold Project is a unique brownfield project comprising extensive underground workings which give access to JORC-compliant ore Resources and deep, continuous regional gold mineralisation. The project also hosts several near-mine prospects supported by prior exploration with potential to support large-scale, low-impact gold developments.
Aurum Pacific is developing a mine restart strategy for the Gympie Gold Project and sees potential for a multi-million ounce near-mine resource expansion to support sustainable gold production. Aurum Pacific is excited to continue working with a supportive local community to deliver substantial economic benefits and attractive employment opportunities to the City of Gympie and its surrounds.