NWM Gold Mining
Gold Mining Application & Extraction License MLA 100203
New World Metals Pty Ltd ACN: 626 330 952 (“NWM”) is a holding company for an Application for Mining License (MLA) which for some years has had an application to issue a Mining License over Stage 1 of the Coonambula Resources Group’s Extractive Industries permitted Quarry. Although the companies had a dispute of the NWM Application, via negitiations, the New World Metal Pty Ltd company has been acquired under agreement and settlement saw the Mining Lease 100203 is now under the Group’s management. The CRG Group will now operate its MLA100203 with no further commercial impedment and in parrallel and with sales of economy in operating ML100132 on the nearby Cheltenham Station.
The company already owns Mining Lease 100132 and New World Metals Pty Ltd (NWM) has been acquired by Coonambula Resources Group Pty Ltd as the operator of the Coonambula Resources Project. NWM plans to extract and process Gold Ore from the existing tenement on the Coonambula Quarry site operated by Coonambula Resources Group Pty Ltd, in Southern Queensland. It is proposed to extract the easily accessible alluviums and to process them using a mobile processing plant. .
MLA100203 was lodged on the 7/2/2019 and lies within EPM16216. It is located on Coonambula Station, 25 km southwest of Eidsvold and 35 kilometres west-northwest of Mundubbera, Queensland.
The Coonambula Project area is prospective for epithermal vein-style Antimony-Gold mineralisation, porphyry gold mineralisation and Deep Lead/alluvial sediment-hosted gold mineralisation. The main focus for acquired company New World Metals Pty Ltd at Coonambula is the Tertiary Paleochannel or deep lead sedimentary deposits containing placer gold.
It is planned to extract and process an estimated 4,800,000 tonnes of ore on the site. The operation is designed to mine and treat ore at a rate of approximately 2500 tonnes per day. It is planned for this work to commence in January 2024, or as soon as possible in Q4-2023 capital dependent. Land rehabilitation will be undertaken in conjunction with the mining operation and completed within the following 4 months after completion.
Gold Ore reserves occur as alluvial deposits in the Paleo channels.
The alluvial material will be mined by the following process:
The sparse vegetation will be cleared from the areas to be mined with a bulldozer. This will remove all undergrowth. Trees will be left in place where possible. Vegetation will only be cleared where necessary for mining and access and haul roads will be confined to mining areas as shown in Fig 1 to avoid unnecessary clearing.
Processing of extracted ore will be carried out on the site using gravity methods only. No heap leaching, cyanidation or chemical dissolution will be used on the site. Figure 3 illustrates the ore processing methods to be used.
The 200 tonne an hour mobile processing plant is extremely economical and contains 40ft of vibrating sluices that recover better than 90% of gold as fine as 200mesh. It will be continually moved forward to the mining face, thereby saving costly trucking and damage to the environment.
The Reverse Spiral Concentrators consist of a “Cleaner” which as the name suggest cleans most of the remaining gangue. The “Finisher” produces clean, ready to smelt gold, the whole process is automatic and the only handling is in the transfer to the smelter. The entire processing facility is designed to be mobile and will be re-located once mining on the Coonambula Project is completed.
The gold collected from the “Finisher” will be heated to around 1100ºC in our electric smelting furnace. At this temperature, gold becomes molten and remaining impurities will either burn off or can be skimmed off the molten metal, which will be cast as ingots.
Access to the site is readily accessible from Mundubbera, being a distance of approximately 45klms. The road from Mundubbera is mostly sealed, with a few klms of sandy/gravel approaching the proposed mining operation on the Coonambula Mining Lease.
The Coonambula Project, may be characterized as having relatively low environmental risks, due to the absence of chemical ore treatment processes.
Risks to the environment from erosion and sedimentation of disturbed areas will be minimized by the design of an appropriate rehabilitation strategy, which has as its aim, the long-term stability and viability of vegetation on the site.
An extensive portion of the MLA100203 alluvial gold project on the Coonambula Station lays in an unsorted profile with uneven distribution of gravels in any sensible stratigraphical order which will be addressed in the extraction techniques to be employed by CRG. The Site is in a well settled area with attractive local conditions, a limited water supply, which is easily worked with the following characteristics:
- Land use
- Water Supply
The alluvial gold ore is planned to be extracted by excavators with haulage trucks transporting product to a static production site where dry screening and lite washing for the Gold recovery, then destined for industrial and commercial sales is planned to commence in Q2-2023.
Call For a Investor Info:
ML 100132 Gold Extraction Project
Gold Panning Samples On Site
ML100132 Mining License
Building & Construction
We have prepared a number of Questions and Answers frequently asked by our Customers and other we work with in relation to our Mining License and work to date.
Are we licensed to mine Gold?
Yes! we are the holders of Mining License ML 100132 issued to our company by the Mining Department in Queensland.