Red Hill
180 km² in Australia's leading porphyry copper-gold belt. Three porphyry targets never drilled.
The East Lachlan porphyry belt
Red Hill was generated by Mondo's porphyry mineral potential mapping of the East Lachlan, the belt that hosts Australia's largest porphyry copper-gold mines. Historic mines and showings of copper, gold, silver, lead, zinc, tungsten and tin are read as the halo of a larger porphyry system that has never been tested.
World-class belt
The East Lachlan hosts major operating porphyry copper-gold mines.
Three undrilled targets
Magnetic anomalies with interpreted intrusions and alteration halos.
Metal zoning
The spread of metals around the project fits a porphyry halo.
Geological setting
Alkaline porphyry copper-gold model, with skarn and vein mineralisation around a buried intrusive centre. Magnetic highs and potassic alteration mark the target zones.
Drill results, historical estimates, tenement schedules and budgets are available to eligible wholesale investors in the data room, under a confidentiality agreement. Exploration information is historical or preliminary and is not reported under the JORC Code (2012). See the important notice.
How we plan to advance it
The program is staged. Each step is funded only if the previous one justifies it.
Geophysics review
Integrate magnetics and gravity to rank the three targets.
Soil and rock sampling
Confirm metal zoning over each target.
Drilling
First-pass drilling of the highest-ranked porphyry target.
How value is realised
Red Hill is the cornerstone of the planned copper and critical minerals company.
Listing
Vended into the planned copper company for equity.
Joint venture or option
A partner funds work to earn an interest.
Sale or royalty
Sold outright, with Mondo keeping a royalty.
Location and access
| State | New South Wales |
| Region | East Lachlan Fold Belt |
| Tenure | Exploration licence |
| Access | Farmland, regional roads |
Other projects
- Razorback · Tin, copper
- Kangaroo Hills · Tin, tungsten
- Minter · Tungsten, tin
- Mount Rankin · Gold, lithium
- Yongala · Copper, rare earths