Another Renaissance in a Historical Victorian goldfield.
Aureka 100%
Gold
North-West of Melbourne, Victoria
Tasman Orogenic Belt, Middle Devonian
Early Exploration
Jubilee is a highly prospective exploration project consisting of a single tenement of 122 square kilometres located 25 kilometres south-west of Ballarat, Victoria. The tenement includes the historical 619 metre deep Jubilee Gold Mine which operated between 1887 and 1913.
The mine produced approximately 130,000 ounces of gold at a recovered grade of around 12 grams a tonne gold, from a single east-west trending (transverse) quartz reef.
The Jubilee reef is believed to be one of the best shallow examples of a transverse (east-west) ore system in Victoria and has a similar structural setting to the 2.5 million ounce Swan-Eagle orebody in Fosterville, Victoria and the 1.8 million ounce Tasmania Reef in Beaconsfield, Tasmania. All of these orebodies are hosted in gold-bearing quartz-sulphide veins occupying old fault structures that cross-cut a series of sedimentary beds.
The Jubilee Project is also close to a significant operating gold mine and processing facility within the historical 12 million-ounce Ballarat Goldfield.
