ACH Minerals Pty Ltd (ACH) is a private minerals exploration and development company based in Perth, Western Australia.
The Company’s 100% owned flagship Ravensthorpe Gold Project (RGP) located 550km south east of Perth, represents an exciting near term development opportunity in an historically proven mineral field. Acquired from Silver Lake Resources (ASX: SLR) in August 2016, the Project tenements cover approximately 600 square kilometres and are host to JORC 2012 resources totalling 645Koz of gold, 10.2Moz of silver, 78Kt of copper, 134Kt of lead and 77Kt of zinc.
Located at the intersection of the world class Southern Cross greenstone belt and the Albany Fraser Orogen, the tenement package also offers a compelling regional discovery opportunity. In addition to the known deposits, the Project area is also prospective for nickel, lithium, manganese and antimony.
ACH is advancing feasibility studies and permitting at RGP and is targeting a development decision in early 2019. The planned development envisages production of approximately 45Koz gold equivalent per annum over a 5-7 year Project life, initially from open pit then transitioning to high grade underground resources at Kundip, making it Australia’s next high-grade, high-margin, gold mine.