MINERS have sunk exploration drill heads deep below the surface at three sites near Maldon after finding evidence they could be sitting on previously undiscovered gold and antimony.
Subscribe now for unlimited access.
$0/
(min cost $0)
or signup to continue reading
Company Kalamazoo Resources has started "high priority" drilling at three sites in an exploration zone south of the historic gold mining town.
The move follows a barrage of high tech surveys and modelling in the area and past drilling.
Miners want to drill down to a crack in the earth called the Muckleford Fault. The line is the sort that gold-bearing fluid may have risen through hundreds of millions of years ago.
They suspect gold and antimony have pooled under a large overhanging rock structure along the fault line.
More news:
Past miners sunk shafts in the area nearly 200 metres below the surface and found patchy veins of antimony.
Modern day research suggests there could be more gold and antimony similar to that at both Costerfield and Fosterville's working mines.
However, Kalamazoo is some time away from establishing whether they are drilling in an area with enough unearthed minerals to support its own mine, and the drilling rigs are designed to have a minimal impact on the environment.
Our journalists work hard to provide local, up-to-date news to the community. This is how you can continue to access our trusted content:
- Bookmark bendigoadvertiser.com.au/
- Make sure you are signed up for our breaking and regular headlines newsletters
- Follow us on Twitter @BgoAddy
- Follow us on Instagram @bendigoadvertiser
- Find us on Facebook
- Follow us on Google News