Name of the Project
Federation base and precious metals project.

Location
Central New South Wales, in Australia.

Project Owner/s
Hera Resources, a wholly owned subsidiary of Aurelia Metals.

Project Description
A scoping study has determined that the Federation deposit is amenable to underground mining using longhole stoping where the deposit is narrow, and transverse longhole stoping where the deposit is wider.

The preferred backfill method is paste fill, with tailings being either filtered and trucked from a process plant at Hera or piped and dewatered at Federation.

The processing facility will be located at the company’s Hera mine site, with either a modification to the existing circuit or construction of a new facility to use existing infrastructure, including the tailings storage facility (TSF).

Two options have been proposed for the project’s tailings – the disposal of tailings within the existing Hera TSF or the use of tailings for paste backfill at Federation, with the balance of tailings stored in the Hera TSF.

The Federation deposit remains open in multiple directions. An intensive infill and extensional drilling programme will continue in 2021 to upgrade and expand the mineral resource estimated.

The project has indicated and inferred mineral resources of 3.49-million tonnes grading 5.5% lead, 9.8% zinc, 1.4 g/t gold, 7 g/t silver, 0.3% copper and 19.6% zinc equivalent.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
Not stated.

Planned Start/End Date
Not stated.

Latest Developments
The scoping study has provided Aurelia Metals with the confidence to proceed directly to the feasibility study, which is expected to be completed by mid-2022.

The study further supports the prompt start of the environmental-impact statement and targeted progression through the New South Wales regulatory approvals process.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
Aurelia Metals, tel +61 7 3180 5000 or email office@aureliametals.com.au.