ABA Resources holds Mining and Exploration Licenses amongst the historic goldfields located in the Omeo District of East Gippsland, Victoria, Australia.
The Omeo region of Victoria in Australia is historically home to some of the richest gold mines in Australia. However, this area has had little modern exploration.
Victoria is now undergoing a mining renaissance with significant gold production underway at other Victorian mines, including but not limited to Fosterville and Stawell.
ABA Resources owns the Mining License for Mt Wills Gold Mines near Omeo and several Exploration Licenses in the Cassilis region. The exploration rights cover approximately 263 km2.
Mt Wills Gold Mines Project
The Mt Wills Gold Mines are located approximately 55 km northeast of Omeo.
The Mt Wills Gold Mines have known in situ mineralisation that typically occurs as narrow, high-grade quartz veins containing gold and silver. It is amenable to mining via selective underground methods (e.g. stoping).
ABA Resources has approximately 43.5km of drill core at Mt Wills Gold Mines and aims to deliver a JORC compliant Mineral Resource Estimate in Q2 FY2020.
A Proof of Concept Study will be completed by Q3 FY2020. This Study will include treatment using contemporary, safe and low footprint processing technology. It will also aim to augment plant feed and rehabilitate legacy environmental areas by re-treating historic surface mullock and tailings.
Cassilis Mining Exploration
The Cassilis Mining tenements have a rich gold-producing history with more than 350 old gold mines and workings.
At Cassilis, ABA Resources holds approximately 263km2 of Exploration Licenses. An exploration drill program is in planning stages, aiming to start in Q3 FY2020. This area also includes around 400kt of Mullock and 200kt of tailings from historic mining.
ABA Resources believes there is strong potential for a second mine to supplement the Mt Wills Gold Mines project.
Significant funds have been already been invested by ABAResources in exploration and infrastructure at the Mt Wills Gold Mines and the Cassilis Mining Exploration Licenses, and we have opened our local office in the heart of the region, at 166 Day Avenue, Omeo.