Cadia East
Cadia East is a project in the Cadia Valley within the discovery corridor incorporating the prospect formerly known as Cadia Far East.
The mineralisation which consists of both open pit and underground zones has the following resource inventory:
Cadia East Open Pit |
300 million tonnes at 0.46 grams per tonne gold and 0.37 percent copper |
|
Cadia East Underground |
530 million tonnes at 0.81 grams per tonne of gold and 0.33 percent copper |
During the 2003/04 year, substantial exploration drilling was undertaken in order to define both the limits of the mineralisation and the grade in certain zones which enables more detailed mining studies to be undertaken.
Central New South Wales Adjacent Cadia Hill Mineral Resource: 18 million ounces gold and 2,900 kilotonnes copper |
With 830 million tonnes of mineralised material already identified and strong prospectivity for further increases, we anticipate the extensive Cadia East project will make a long-term contribution to Newcrest.
Initial studies have highlighted the potential for large-scale mining on the mineralisation. We have also studied other options including sub-level cave or Panel Cave mining.
During 2005 we will commence a decline access in order to conduct more exploration, define rock characteristics and better sample the material.
Long section of Cadia East mineralisation
