The Tottenham Project –
COPPER – Sustainable future enabled

Copper is used in every major EV component. EV buses can use 16 times the copper of an ICE passenger vehicle.

EV Super charges rely on copper with expected growth of 250% globally reaching 20M charging points.

Global indications show substantial decline of ICE vehicle production with proliferation of EV putting pressure on copper supply.

Clean energy is reliant on copper. Renew-able power, on average, use up to 12 times more copper than traditional generators.

Solar energy requires 5kg copper/kilowatt and a 660kw wind turbine can contain 363kg of copper.

Copper is one of the few materials that can be recycled 100% over and again without loss of performance.

The Tottenham Project –
Overview

The Project is located in the Cobar-Girilambone district

in Central New South Wales, which is considered prospective for gold and copper.

Two Deposits

Carolina and Mount Royal (which includes the Orange Plains Prospect), are situated within an under-explored and prospective land package containing 50 Km total strike length of a Volcanic Hosted Massive Sulphide (VHMS) copper corridor.

Tottenham comprises of four granted Exploration Licences

(EL 9307, EL 6592, EL 6656 and EL 8384) and covering an area of approximately 470km2. All Tenements granted until 2026.

 

 

JORC 2012 Compliant Resource

Initial inferred mineral resource at 0.3% Cu cut off calculated on two areas, being Carolina and the Mount Royal to Orange Plains Deposits

9.86Mt @ 0.73% Cu, 0.22g/t Au & 1.73g/t Ag

70.9kt Cu, 67.1koz Au & 536.5koz Ag. 

Infrastructure in place

Access by sealed roads with unsealed shire roads accessing the interior. Rail access to Tottenham. Town with grid power, sealed airstrip and hospital.

Similar to that of the Tritton deposit to the north,

The Tottenham project lies approximately 100km to the south of the Tritton Mining operation.

The Tottenham Project –
Historic Producer

Mount Royal Mine circa 1918.

Note copper ingots in right foreground.

Carolina Mine, early 1900’s, prior to railway constrution.

Copper first discovered at Carolina Mine in 1872. The Mount Royal – Orange Plains deposits were found in 1884. The Nelson – Underlay deposits were found in 1899.

The name Tottenham does not appear in early reports and is first used in records of the New South Wales Department of Mines in the Annual Report of the Department for 1908.

Major producers were Bogan River, Mount Royal – Orange Plains, Carolina and Ace. The most active period of production was between 1905 and 1917. After 1917 production continued at a lower level until 1930. In 1943 minor tonnages were won from the Mt. Royal, and Bogan River mines. There was minor production each year from 1946 to 1977 which came from small scale operations at the Mt. Royal, Bogan River, Underlay and Carolina Mines and from leaching at the Mt. Royal, Carolina and Underlay Mines.

Copper production is estimated to be 3907 tonnes with minor gold (4.5kg) and silver (24.1kg).

The Tottenham

Project

Tottenham district geology and mineral deposits

Historical Exploration

LH Smart Pty Ltd was the first of the “modern” explorers in 1964. Subsequent explorers include Amad NL in joint venture with Lamadec Exploration Pty Ltd, and Le Nickel Exploration.

The more recent exploration effort commenced when Arimco conducted extensive geophysics and drilling between 1996 and 1998. Straits Resources Ltd. joint ventured into the project in 1998 and also pursued a programme of soil geochemistry, geophysics and drilling.

Mincor Resources NL acquired EL6592 and EL6656 in 2006. Mincor have since spent more than $6M on the project with widespread soil sampling; drilling; detailed airborne magnetics and electromagnetics; and resource calculations.

Bacchus Resources Pty Ltd. entered into a joint venture with Mincor in early 2017 with the view to drill, increase some resources and have the leases renewed.

The Tottenham Project –
Carolina Deposit

Carolina Deposit

Inferred Mineral Resource 

2.68Mt at 1.09% Cu, 0.39 g/t Au & 1.31 g/t Ag. 29.3kt Cu, 33.9koz Au & 113.6koz Ag.

Substantial exploration potential exists at the Carolina 

Deposit remains open to the north and at depth.

High grade core and significant gold credits

Carolina is the most consistently mineralised deposit

and contains significant intersections such as:

  • 20m @ 2.1% Cu, 0.4g/t Au from 10m (CLRC004)
  • 2.18m @11.2% Cu, 2.8g/t Au from 184.6m (TMD002)
  • 1.35m @11.3% Cu, 2.1g/t Au from 236.9m (TMD015)
  • 4.19m @ 5.7% Cu, 1.6g/t Au from 190.8m (TMD017)
  • 9.50m @ 2.4% Cu, 0.8g/t Au from 109.5m (CAD002)

Carolina Deposit long section looking west (Mincor 2018)

The Tottenham Project –

Mount Royal Deposit

Mount Royal Deposit

Inferred Mineral Resource 

7.18Mt at 0.59% Cu, 0.16g/t Au & 1.88g/t Ag. 41.5kt Cu, 33.2koz Au & 422.9koz Ag

Mineralisation occurs in two horizons
within the base of the Bogan Schist, dipping to the south.
There is significant exploration potential
with several targets identified in the geophysical surveys undertaken.
The gold mineralisation has proven
to positively correlate with copper mineralisation, providing significant gold credits.

The Tottenham Project –

Other Targets

Other Targets

Multiple historic prospects have been drilled and returned encouraging copper-gold intersections that require further testing. Significant results include:

Bogan River
16m @ 6.94% Cu from 3m (TPRC043)

Ace
2m @ 1.26% Cu from 25m (ACRC002)

Jimmy Woodser
24m @ 0.73% Cu from 32m (TPRC057)

Underlay
2m @ 3.7% Cu 0.8g/t Au from 35m (TPRC045)

Burdenda
14m @ 0.31% Cu from 33m (TMAC003)

Outside of the known resources are multiple, poorly tested EM/soil/magnetic anomalies and 50km of near surface mineralised horizon.

 

 

Tottenham area magnetic image and prospective horizons

Mount Royal Deposit

Exploration Target
3.6Mt at 0.9% Cu, 0.3g/t Au for 34kt Cu and 30k oz Au.
Mineralisation occurs in two horizons
within the base of the Bogan Schist, dipping to the south.
There is significant exploration potential
with several targets identified in the geophysical surveys undertaken.
The gold mineralisation has proven
to positively correlate with copper mineralisation, providing significant gold credits.

Other Targets

Several historic prospects
have been drilled and returned encouraging copper-gold intersections that require further testing. Significant results include:

Bogan River
3m at 18.1% Cu and 8m at 1.5% Cu

Underlay
2m at 3.7% Cu and 4m 1.4% Cu
Outside of the known resources
there are multiple, poorly tested EM/soil/Magnetic anomalies and tens of Kms of near surface mineralised horizon. This work has been undertaken with follow-up work required.