Charters Towers Project
Charters Towers
Country Australia 
Province Queensland
Close to Townsville
Status PRODUCTION 
Surface 200 km² / 49,420 acres
Latitude / Longitude 19 S 57 / 146 E 3
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Produces Gold -
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Last updated on 3/16/2010 - Terms of Use
Risk and valuation analysis of the Charters Towers Project
Status Risk : Production
Country Risk : Very Low
Title(s) of the Charters Towers Project
Citigold Corporation
: 100%
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Location of the Charters Towers Project
The Charters Towers Gold Project is located in and around the city of Charters Towers in far north Queensland. It is situated 128 kilometres southwest of the major coastal city of Townsville, on the main Flinders Highway that leads to Mt Isa. Townsville is located approximately 1,100 kilometres north of Brisbane and 2,000 kilometres north of Sydney.
 
History of the Charters Towers Project
Six million tons of ore was mined during the 40 year mining period producing 6.6 million ounces, providing an enormous bulk sample of the mineralised bodies and a wealth of operating data. The field averaged 34 g/t Au recovered, and five mines averaged over 50 g/t Au recovered.
 
Geology of the Charters Towers Project
The mineralisation is of the Charters Towers type, comprising mesothermal narrow veins of quartz containing gold and sulphide minerals including galena, sphalerite and pyrite. The veins are usually less than one metre thick, but have strike lengths o more...
 
Location
Data last updated on : 9/6/2006
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