Tottenham Copper-Gold Project
The Tottenham Copper-Gold Project is located in the Lachlan Fold Belt of New South Wales in a geological setting similar to that of the Girilambone group of mines, including the Murrawombie (formerly Girilambone) and Tritton copper mines operated by Straits Resources (located approximately 120 km north-northwest).
Mincor’s Tottenham ground holdings include two copper resource level projects at Carolina and Mount Royal, which host a combined Mineral Resource estimate of 7Mt @ 1.2% Cu and 0.4g/t Au for 86.1kt of contained copper and 90.6koz of contained gold.
Exploration of the Tottenham Project is being undertaken by Bacchus Resources Pty Ltd as part of the Tottenham Earn-In and Joint Venture. Bacchus holds a current 19.88% interest in the Tottenham tenements, with the right to increase its interest to a maximum of 30%.