Horseshoe Lights is a wholly owned, past-producing copper-gold mine in the Bryah Basin with about 340 square kilometres of tenure. Mining through 1994 produced more than 300,000 ounces of gold and 54,000 tonnes of contained copper. Current resources cover the in-situ deposit, flotation tailings and M15 stockpile, while the Motters Exploration Target is conceptual and is not included as a Mineral Resource. Western Australian approval permits DSO mining from existing surface material, but start-up still depends on funding and offtake arrangements. Melody Gold holds processing rights over defined gold surface materials, and Vox Royalty Australia retains a 3% net smelter return royalty over production from M52/743. Horseshoe Metals is planning further drilling and an update of its 2014 scoping study.
- Country
- Australia
- Commodity
- Cu
- Stage
- PEA