Early Palaezoic Shoshomitic Volcanism Associated with Gold and Copper Mineralisation in the Parkes Area, New South Wales

Gold and copper mineralization in the Parkes area is hosted by a meridional sequence of Late Ordovician to Early Silurian igneous and sedimentary rocks on the central northern edge of the exposed Lachlan Fold Belt. The mineralized area straddles two zones separated in part by the Parkes Thrust and exhibiting different styles of deformation and mineralization (Figure 1). The western zone is characterized by gently folded rocks, with shallow dips and weak to non-existent axial plane cleavage. Faulting is restricted to directions oblique to bedding. Numerous occurrences of minor copper mineralization are known, but of recent national importance is the discovery of the Coradgery- Goonumbla porphyry copper-gold deposits by Geopeko Ltd. A resource in excess of 250 million tonnes has been delineated (Jones, 1985), and this represents the first porphyry deposit of sufficient grade and tonnage to be potentially mineable in New South Wales. The eastern zone is much more strongly deformed. Folding is tight with strongly developed axial plane cleavage. Faulting is abundant both parallel and oblique to bedding. Quartz veining is also abundant, and a narrow belt of gold mineralization adjacent to the Parkes Thrust stretches from Forbes in the south, through Parkes and Peak Hill, to Tomingley in the north. Over 31 tonnes of gold have been produced from this gold belt, mostly before 1914, and now three deposits show good potential for redevelopment - Peak Hill, and the London-Victoria and Lachlan lines of lode.