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OZ Minerals Ltd.

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Summary

Project:

Prominent Hill

Deposit:Prominent Hill
Location:Australia
Commodities:Copper-Gold-Silver
Date:11/12/2019
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Active Mining & Production
Report details:12-11-2019: OZ Minerals Ltd. announces a Resource Estimation report for its Prominent Hill deposit at the Prominent Hill project. Updated mineral resources and ore reserves. Prominent Hill is an iron oxide copper gold (IOCG) deposit located in the Gawler
Resources:(Reserve, P+P): 61Mt @ 0.9% Cu, 0.6g/t Au, 3g/t Ag
CP/QP:[Resources]: Bruce Whittaker (Internal)
ABSTRACT:Prominent Hill is an iron oxide copper gold (IOCG) deposit located in the Gawler Craton, South Australia (Figure 1). The Gawler Craton covers approximately 600,000 square kilometres of South Australia. The Gawler Craton hosts Olympic Dam, Prominent Hill, Carrapateena, and a number of other smaller and subeconomic copper-gold deposits. Most of these deposits are thought to be genetically related to the Gawler Range Volcanic (GRV) – Hiltaba magmatic event which affected the central and eastern portions of the Gawler Craton around 1600-1580 million years ago. Copper-gold-silver mineralisation at Prominent Hill is mostly hosted within hematite-matrix breccia. Copper mineralisation occurs as disseminations of chalcocite, bornite and chalcopyrite in the matrix of the breccia.

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