Goonumbla: 25 Years, Four Deposits, 52 Prospects and Still Drilling...

The Central West of New South Wales is emerging as a significant metallogenic province. The development of Northparkes Mines (North Limited) and the Cadia Hill deposit (Newcrest) are establishing NSW as a highly prospective porphyry copper-gold province. Exploration in the area has been further buoyed by the Ridgeway discovery by Newcrest near Cadia. The fact that the Ridgeway prospect was discovered 300 m below surface under Tertiary basalt cover indicates that surface prospecting can no longer be considered alone as an adequate method to find significant new deposits.