The Selwyn Gold-Copper Mine

The Selwyn Gold-Copper Mine is located 150 km southeast of Mount Isa within Proterozoic units of the Mount Isa inlier (Figure 1). Mineralization in the mine area is associated with strongly sheared ironstones and iron rich schists at the base of the mid- Proterozoic Staveley Formation. The ironstone horizons outcrop as a series of dominant ridges over a 10 km strike. Economic gold-copper mineralization has been defined in 4 separate zones within a 3.5 km length of the outcropping ridges. A current combined geological resource for the deposits is 5.3 million tonnes of 5.0 g/t Au and 2.02 Cu. Weathering of the deposits has resulted in a pronounced vertical zonation of mineralogy, especially copper, within the ore zones. This has produced 3 separate ore types which require different treatment techniques. The categorization is based on copper content and zones are termed leached (surface), oxide and sulfide. Ore removed from the pits will be mainly leached and oxidized with minor sulfide near the pits final depths, while the underground ore will be from the sulfide zone with minor oxide in some areas.