The Taechang Project is an historic underground mine that exploited multiple stacked shallow-dipping gold-bearing orogenic quartz veins that can be traced over 1km along strike. Historical face samples and historical drilling have returned very high grade results and further suggest down plunge continuity of the mineralisation.
Mineralisation at Taechang is hosted in narrow, shallowly dipping quartz veins with historical back grades reportedly ranging up to 102g/t Au, but more typically 30 – 50g/t Au. The main entrance is in excellent condition and a recent inspection of the main drive for several hundred meters confirms that no adverse conditions are present.
Taechang appears to have merit as an early re-development target given the apparently good condition of its workings. This would enable a view to be formed regarding the best methods to employ to reduce dilution if mining was considered justified.