AGATE CREEK GOLD PROJECT
Advanced gold development project with Ore Reserves of 36,800 ounces and planned production through 2028.
Project Overview
The Agate Creek Gold Project is located approximately 100km south of the Georgetown Gold Processing Plant in North Queensland and represents a key component of Savannah Goldfields' growth strategy.
The project hosts a substantial Ore Reserve and is positioned to provide a significant source of future mill feed for the Georgetown Gold Processing Plant. Following completion of regulatory approvals, Savannah plans to recommence mining operations and transport ore for processing at Georgetown.
Current mine schedules contemplate the processing of approximately 375,000 tonnes at a grade of 2.65g/t gold containing 31,900 ounces through the remainder of 2026, 2027 and into 2028.
Ore Reserves
Agate Creek hosts total Ore Reserves of:
460,000 tonnes at 2.5g/t gold containing 36,800 ounces of gold.
Development Status
Savannah is progressing regulatory approvals required to recommence mining activities and has commenced early site works to facilitate a rapid restart once approvals are finalised. Activities include haul road stabilisation, water management works and refurbishment of site infrastructure.
Key Highlights
Ore Reserve of 460,000 tonnes at 2.5g/t Au
36,800 ounces of contained gold
Mining restart preparations underway
Existing pathway to production
Strategic feed source for Georgetown operations
Planned processing campaign through 2028