SYDNEY MINING CLUB ARCHIVES
Sydney Mining Club
The 42nd Sydney Mining Club Forum Reminder Notice In a drive 550m depth below King Street in central Bendigo the exploration
drills are running around the clock. In what must surely be the hottest
gold story in Australia, Bendigo Mining NL has locked on where history left
off and is now expecting to increase its potential gold resource beyond
12.3 million ounces! Even with drilled intersection analyses undershooting
bulk sample grades, significant intersections of 13.5m @ 58.1g/t Au, 13m @
11.0 g/t Au, 16.3m @ 20.3 and 9m @ 55.9 are telling a tantalising story.
Bendigo says its has a tight bead on the structure and expects to find many
more ribbons which are well suited to bulk mining methods. Only 5% of the
70 square kilometre field have been explored. The Bendigo goldfield was discovered in 1851 and ceased production 45 years
ago after producing a total of 22 million ounces over its 103-year life.
This places it among the top 10 historic gold producers ever. At its peak
from 1865 to 1885 there were 1500 companies operating in the field and some
5000 shafts sunk. Production ground to a halt because of low gold price and
too many companies with small mining tenements competed for capital and
labour with an eventual reduction of ventilation and dewatering standards
leading to a contagion of closures and flooding. WMC held it and puzzled
over it for 20 years before selling to Bendigo Mining for $1.6m. A dose of
Jeff Kennett perestroika and things were again possible. The Bendigo revival vies with the Superpit and Gympie resurrections in
historic significance and is lifting the Victorian mineral sector and
shaking possibility into many other gold projects. Bendigo will now be a
low cost gold producer for many years. A gold stock to watch. Come along and
get a free Bendigo Mining CD project report complete with 3D fly-through.
Not to be missed!
AusIMM students $10, AusIMM, AIG & SMEDG members $30, non-members $35.
The Sydney Mining Club
Sponsored by N M Rothschild & Sons Australia and underwritten by the AUSIMM
Fax bookings to 02 9416 2583 or E-mail to: ausimm@lec.net.au
(Other inquires call 02 9416 0666 and ask for Sharon Johnson)
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RSVP BY 5pm, Monday 1st April
Note late bookings $10 extra!!
The Tattersalls Club is at 181 Elizabeth Street Sydney adjoining the
Sheraton on the Park.
There has been a relaxation of dress rules at the Tattersalls and ties and
jackets are no longer required (but wear the rest).
Thursday 1st February, 2001
RELATED BUT UNCONNECTED LINK FOR GREENHOUSE SCEPTICS
NOTICE OF LUNCHEON MEETING
with NM Rothschild & Sons
May 3rd at 12.30 p.m.
Presents
Consolidated Broken Hill MD Bob Besley and
Exec Chairman Jim Wall as they
Ponder Broken Hill Monster No 2?
Is there another monster out there? The first put NSW on the map and gave Australia BHP. The home of the
mighty $70bn lead-zinc boomerang was last month bought by Consolidated Broken Hill, triggering the
companys run to an IPO.
So whats left there? Quite a lot if you ask Bob Besley who is leading the remake of his gallant mineral venturer
Redfire under the new Consolidated Broken Hill banner. Theres a range of lodes remaining in the 3.8km
stretch of history CBH has just picked up. Mining Lease No 7 which spans the big boomerang structure was
home to the 50Mt of super-grade mineralisation in Monster No 1. To get the show rolling theres the 2.2Mt
resource of >10% Pb/Zn within a full-length, untouched, 40m wide Western Zone. It will be speared from the
base of MMMs open pit. Then there are many ore lenses and remnants that failed to make the 15-20% cut-off
grade in the old operations. Large blank patches of un-drilled rock lie between know bodies and outside. And
potential for Monster No 2? Bloody good says Bob who is particularly keen on the major central shear
structure and the positive grade effects it has on its halo. A structural repeat of the big one could also be there.
You can imagine anxious support from governments (not to mention the Barrier Council)!
So wheres all this potential been hiding? Its one of those curious sagas a bit like Bendigo being lost in
WMC for 20 years. In the case of the Hill, it went from Broken Hill South to MMM which sold to Poseidon which
merged with Normandy which commendably spent a lot of money on rehabilitation.
Come along, welcome the
Hill back onto the NSW radar screen. Not to be missed!
AusIMM students $10, AusIMM, AIG & SMEDG members $30, non-members $35.
NOTE LATE BOOKINGS $10 EXTRA!!!
The Tattersalls Club is at 181 Elizabeth St. Ties and Jackets no longer required.
Thank you for supporting your Sydney Mining Club and for your interest in the current affairs and issues that drive our
industry.
The Sydney Mining Club
Fax bookings to 02 9416 2583
E-mail to: ausimm@lec.net.au
(Other inquires call 02 9416 0666 and ask for Sharon Johnson)
Name/s:
(PLEASE PRINT CLEARLY) (PLEASE PRINT CLEARLY)
Name on Credit Card:
.
¨ Visa / ¨ Master Card / ¨ Amex / ¨ Diners Amount:
...
.
Credit Card No.:
Exp Date:
..
Signature:
Phone No:
.
E-mail Address:
..
¨ AusIMM, SMEDG, AIG Member $30
¨ Non Member $35
¨ AusIMM Student $10
RSVP BY 5pm, Monday 30th April
Note late bookings $10 extra!!
The Tattersalls Club is at 181 Elizabeth Street Sydney adjoining the Sheraton on the Park.
There has been a relaxation of dress rules at the Tattersalls and ties and jackets are no longer required (but
wear the rest).
The 41st Sydney Mining Club Forum
April 5th at 12.30 p.m.
Presents
Bendigo Mining MD Doug Buerger on
The Bendigo Bonanza!
NOTE LATE BOOKINGS $10 EXTRA!!!
The Tattersalls Club is at 181 Elizabeth St. Ties and Jackets no longer
required.
Thank you for supporting your Sydney Mining Club and for your interest in
the current affairs and issues that drive our industry.
TIME -
12:30pm
SPEAKERS -
Ray Evans and Ian Plimer
VENUE -
The Tattersalls Club,
181 Elizabeth Street, Sydney
Dress - tie and jacket (available at door if necessary)
TOPIC -
The Greenhouse Heretics - The Case Against Taxing CO2 Emissions.
DETAILS -Detailed Flyer in Adobe PDF format
COST -
AusIMM students $10;
AusIMM, SMEDG and GSA members $30;
Non-members $35;
Late bookings $10 extra
BOOKINGS -
Fax - 02 9416 2583 or
email ausimm@lec.net.au
Other inquiries call 02 9416 0666 and ask for Sharon
Sydney Mining Club
NOTICE OF XMAS LUNCHEON MEETING
DATE -
Thursday 7th December, 2000
TIME -
12:30pm
SPEAKER -
Dr. John 'Shad' Linley
VENUE -
The Tattersalls Club,
181 Elizabeth Street, Sydney
Dress - tie and jacket (available at door if necessary)
TOPIC -
Plans to double the Townsville Zinc Refinery; Central Qld Light Metals plan and
a fresh nickel project for the Greenvale field.
DETAILS -Detailed Flyer in Adobe PDF format
COST -
AusIMM students $10;
AusIMM, SMEDG and GSA members $30;
Non-members $35;
Late bookings $10 extra
BOOKINGS -
Fax - 02 9416 2583 or
email ausimm@lec.net.au
Other inquiries call 02 9416 0666 and ask for Sharon
Other Talks included those by Ray Evans, Dick Zandee, Paul Gilding and Trevor Sykes.