Our Projects

Australia

Far North Queensland

Hodgkinson Basin 

Simon Coxhell conducting field work in the Hodgkinson BasinThe Hodgkinson Basin lies in Far North Queensland, stretching from the south of Herberton northwards to Cooktown and approximately 150 kilometres inland from the coast. In the opinion of John Kelly and Neb Zurkic, the geological setting of the central Hodgkinson Basin is very similar to Central Victoria.  Most of the alluvial gold mined in the Hodgkinson Basin is thought to have been sourced from quartz reefs.

Republic Gold has assembled a significant tenement portfolio in the Hodgkinson Basin in Far North Queensland. We now have a total coverage of approximately 5,000 square kilometres of land, by far the dominant land position in the Hodgkinson Basin goldfields area.

View this map of the Hodgkinson area at full size in a new window:

 
The Company’s extensive portfolio includes a number of highly prospective project areas. The Company has highlighted four areas to concentrate on in its initial drilling programme. These are the Northcote, Tregoora, Atric and Pinnacles Projects.  A brief description of each is presented here, along with description of Republic’s other major joint-venture tenements.

1 – EPMs 9869 and 13848 - Northcote Project (Republic 75%)

The Black Bess pit at NorthcoteThe Northcote Project is a joint venture between the Company (75%) and Jackson Gold Limited and International Goldfields Limited (25% combined). The Company is the sole funder of exploration for the project up to the point where it commits to a mine development. At this stage the two joint venture partners can elect to contribute or dilute.

View 'Ethel' (EL003) at full size in a new window:

 
Recent work has focussed on testing and expanding resources defined by WMC previously. After a recent upgrade total resources stand at 9,420,000 tonnes at 1.7g Au/t containing 573,000 ounces gold as detailed in the resources section. These resources contain a significant antimony component which in contained metal terms add the equivalent of 0.3g Au/t to the gold grade at current gold and antimony prices. A number of new targets have been outlined by field work this season which will be tested in the next drilling programme.

2 - EPM 13937 - Tregoora Project (Republic 100%)

The Tregoora Project, lying on the regionally significant Retina Fault, is planned for development in conjunction with the Northcote project but has the potential to outstrip Northcote and become the Company’s main project area. Tregoora lies completely within EPM 13937. There are four small mining leases owned by a prospector that are excised from the EPM. This prospector mined oxide mineralisation at the site for a number of years. Two Mining Lease Applications (MLA's) have been submitted to the DNRM in April 2006.  The MLA's cover the Sleeping Ginat, Retina, Honey and Midway areas.  The Tregoora Project has combined resources of 4,472,000 tonnes at 1.6 Au g/t containing 229,000 Au ounces.

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View a cross-section of the Sleeping Giant at Tregoora at full size in a new window:

3 - EPM 8689 - Atric Project (Republic Earning Up To 90%)

The Atric Project was the reason for the Company’s initial interest in the Hodgkinson Basin with its marked geological similarities to the Fosterville deposit in Victoria. With the success of the drilling programme at Northcote and the acquisition of the deposits within the two relinquished mining leases at Tregoora, Atric has slipped down the priority list to third place. Although moderately isolated, it is only approximately 30 kilometres to the west of Tregoora, and as such now appears as though it might best fit the Company’s production strategy by being a satellite operation of a larger operation at Tregoora.

4 - EPM 9934 - Reedy Project (Republic 90%)

Reedy/Hurricane/Campbell Creek projects (Gateway Mining Ltd JV). Republic bought these tenements containing the only significant defined resources it did not already hold within the Hodgkinson Project area. The Hurricane and Reedy projects contain a combined 33,000 ounces of resources as detailed in the resources table. These are considered as potential satellite deposits to an operation at Tregoora. Further exploration potential exists at these areas and Campbell’s Creek which has drilling but no resources estimated at this stage.

5 - EPM 13848 - Pinnacles Project (Republic 75%)

The Pinnacles Project sits 10 kilometres to the west of Northcote. It has been drilled, with 25 RC holes, but has not had a JORC-compliant resource calculated for it. The Pinnacles Project is a series of shallowly dipping stacked veins that has the potential to bulk up into a shallow low grade open-pittable oxide resource. No known drilling into sulphide mineralisation exists at Pinnacles.

6- BHP Billiton Joint Venture (Republic Earning Up To 100%)

EPM 11538, 11539, 11540, 11541, 11717, 12228 & 12004 BHP B took up these areas in a project looking for giant orogenic styled gold deposits associated with “enigmatic” or unsourced alluvial deposits. While no drilling has been carried out to follow up the BHP work by Republic to date, field work has been encouraging in locating a number of targets that warrant drill testing.
A further two tenements, EPMs 12227 and 12229 have been assigned over from BHP B to Republic.

7- EPM 13675 Joint Venture (Republic Owning 100% Rights to Hard Rock Resources)

EPM 13675 is held in joint venture with a local prospector, Gilbert Kelly. The Company has 100% of the rights to any hard-rock gold resource and the prospector has 100% rights to any alluvial gold resource. EPM 13675 covers the Fine Gold Creek area to the north of the Mitchell River.

8- EPM 14737, Whumbal West Tungsten Prospect, 100% RGL

An initial field programme on the 100%-owned, Whumbal West tungsten prospect ( EPM 14735) in Far North Queensland has returned highly encouraging analysis results from soil sampling indicates a continuous tungsten anomaly over a strike length of 3,500 metres that is still open along strike to the north and south, and across strike to the west on some sample lines.
The Whumbal West scheelite-bearing prospect was sampled over a strike length of 3,500 metres on 7 sample lines across 1,100 metres of the mineralisation. The anomalous results, over a width of 550 metres, warrant further sampling.
(11%) analysis results were greater than 20ppm W, levels considered very significant, with 19 (5%) results greater than 50ppm W. No single tungsten analysis was lower than 0.5ppm W, indicating that the complete area sampled was anomalous for tungsten.
Further sampling and mapping is required for Whumbal West, although at this preliminary stage the very strong results on Line 7 provide a compelling drill target.

Republic's Other Tenements

The other tenements in the Company’s portfolio are EPMs 13936, 13938, 13941, 14735, containing the Vital Metals tungsten deposit,  14738, 14739, 14740 12227, 12229 and 14813.

OME drilling at the Emily Prospect, Northcote