High-Grade Copper-Gold Porphyry Opportunity in New South Wales
The Goodrich/Yeoval Project, situated within the premier Macquarie Arc of the Ordovician Lachlan Fold Belt in central New South Wales, represents a highly-prospective copper-gold opportunity in what is currently considered Australia’s most “active” exploration corridor. Located near Yeoval township, about 70 km northwest of Orange and 33 km southwest of Wellington, the project spans part of exploration license EL8538 (around 290 km²). The project specifically targets “pencil” porphyry mineralization, a high-grade style of deposit similar to the world-class Cadia-Ridgeway systems. Geologically, the site is defined by chalcopyrite-bornite-molybdenite mineralization hosted within the Goodrich granodiorite.
Historically, Goodrich was the largest mine in the Yeoval district, producing an estimated ~300 tonnes of copper, 159 kg of gold and 62 kg of silver from shallow workings, including an open pit to ~46 m and shafts to ~90 m depth. Mining exploited a cone-shaped breccia and lode system comprising quartz–magnetite–chalcopyrite hosted within the Goodrich granodiorite, consistent with alkalic porphyry systems elsewhere in the Macquarie Arc. The presence of magnetite-rich alteration, molybdenite, and higher-grade copper sulphides such as bornite supports the interpretation of a potentially robust porphyry core, with historic mining likely representing only the upper expression of a larger intrusive-centred hydrothermal system at depth.