Christmas Gift Project, NSW
The Christmas Gift Gold Project is 100% owned by Tarrina Resources and comprises Exploration Licences EL 9615 and EL 9683, covering approximately 22km².
The project is located 15km east of Cootamundra and around 180km northwest of Canberra within the Lachlan Orogen, one of Australia’s most prolific gold provinces that hosts several large orogenic gold mines and numerous advanced gold projects.
Historic underground mining at Christmas Gift produced approximately 30,000oz of gold at an average grade of ~18g/t Au, demonstrating the presence of a high-grade orogenic gold system. Despite this high-grade production, only around 225m of strike was historically mined to a depth of approximately 110m, leaving significant exploration potential along strike and at depth.
Historic drilling completed beneath and along strike from the mine workings defined broader zones of gold mineralisation with multiple high-grade intersections. Importantly, only two historic drill holes have been drilled deeper than 150m and both intersected gold mineralisation, highlighting the potential for the system to extend at depth.
Historic high-grade gold intersections include:
- 13.0m at 13.20 g/t gold from 68m in DDH076;
- 8.0m at 17.23 g/t gold from 12m in FRB012;
- 9.0m at 11.54 g/t gold from 46m in DDHC007;
- 13.0m at 6.60 g/t gold from 30m in PDH22;
- 4.5m at 16.53 g/t gold from 12m in RAB84013;
- 4.0m at 16.80 g/t gold from 12m in RAB-623; and
- 7.0m at 7.97 g/t gold from 55m in XGRC001.