In the Walhalla Wood Point, you will find the A1 Gold Project taking place. This project is approximately 120km northeast of Melbourne. It is one of the two most significant gold projects in the Woods Point area. It made history by producing 620,000 ounces of gold in 1992. Here are helpful things you need to know about the Woods Point Area A1 Gold Project.
Geology and Reserves for A1 Gold Project
The A1 Gold Project entirely belongs to A1 Consolidated Gold. The owner is developing this gold scheme in stages gradually. During the first stage, this firm is focusing on producing 30,000 ounces of gold. Therefore, it can produce gold at a mining rate of 150,000 ounces.
This mine is referred to as a small gold deposit. It is also hosted with a diorite dyke bulge. Hence, you will realize that this bulge is 700m deep, 150m long, and 45m wide. The gold mineral in the small deposit occurs as stockwork zones or stacked sets. In 2013, the 1400 stockwork zone was estimated to contain a mineral resource of 41,200oz of gold. Therefore, it is one of the best areas in Wood Point region to mine gold.
Processing and Mining Gold at the A1 Gold Mine Area
The best mining method in this place has been identified as the opening stop. For mines that look to be vertically aligned, a bottom-up sequence will be used. Moreover, mines that appear in offset level require top-down sequence.
The mined gold in this project will be treated at the Maldon gold processing facility. You can find this facility at one of the offsite areas. They also need to upgrade a custom gravity circuit that will collect remnant gold particles in the Wood Point area. Therefore, this project will benefit people living here and improve the economy of the Wood Point area, Australia.