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Porphyry Data

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Porphyry Information

  • General 2015-05-10
    The Porphyry mining area has a long history of gold mining, having been mined intermittently over the past 75 years. Historical production from the Porphyry mine is 1.33Mt @ 3.36g/t producing 144koz from both underground and surface operations. Porphyry is a large mineralised body with published resources of around 435koz and Open-pit reserves of 78koz. Phase 1's pit design has a strip ratio of 1.6:1 with the overall open-cut Strip Ratio of 3:1. Saracen commenced mining of stage 1 of the Porphyry deposit cutback late in 2009. The underground mine ceased development in the 1980's due to a depressed gold price. The second phase of operations are likely to consist of underground mining based on a continuation of development within the high grade core of the resource, down dip and plunge.

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