29Metals provides investors with exposure to strong copper market fundamentals through a portfolio of long-life producing assets in Australia complemented by a well-defined pipeline of organic growth opportunities.
Our Golden Grove mine is a world class VHMS geological system. The first mining discovery in the area, now known as Golden Grove, was the discovery of the Gossan Hill deposit. The discovery was made in 1971 by an unincorporated joint venture between Aztec Mining and AMAX Mining Limited.
Our Capricorn Copper mine is a high-grade copper and silver underground mine with multiple ore sources. Copper mineralisation was first discovered in the area of Capricorn Copper in the 1880s.
Gossan Valley is one of 29Metals’ near-mine organic growth opportunities at Golden Grove, with the potential to become a third mining front to underpin production growth at our Golden Grove operation.
A unique opportunity in our asset portfolio, Redhill offers 29Metals exposure to a historically under-explored region in Chile, currently the largest copper producing nation globally.