Business · Energy & Commodities · 1 hr ago
Mount Hope surveys 8km corridor for buried gold targets
Mount Hope Mining has started a survey to look for buried gold targets along the MS2 corridor in the southern Cobar Basin of New South Wales.
The corridor links the company’s Mt Solitary and Mt Solar prospects within its Mt Hope project.
Much of the roughly 8km trend is hidden under shallow cover, so faults that may guide gold mineralisation cannot be mapped from the surface.
The survey measures ground properties to help identify faults and possible mineralisation beneath that cover.
Work is under way in three priority areas, while six further survey spreads depend on the initial results.
Results expected during the December quarter will help rank targets for future drilling.
Mount Hope Mining has begun a geophysical survey to identify buried gold targets along its MS2 corridor in New South Wales.
The corridor runs about 8 kilometres between the Mt Solitary and Mt Solar prospects, much of it beneath shallow cover.
The first phase covers three priority areas near the corridor’s northern and southern ends.
Survey results expected during the December quarter will help guide drilling and a decision on six further survey spreads.
- Who
- Mount Hope Mining, with Fender Geophysics carrying out the survey.
- What
- The company has started a geophysical survey to map structures and identify buried gold targets.
- When
- Fieldwork began on October 10, 2026.
- Where
- The MS2 corridor in the Mt Hope project in the southern Cobar Basin, New South Wales.
- Why
- Much of the corridor is beneath shallow cover, making the faults difficult to map from the surface; the survey is intended to identify structures that may focus gold mineralisation.
This story does not have two clearly opposing sides.
Mount Hope began Phase 1 fieldwork.
The company expects the initial surveying to be completed.
Processed and interpreted survey results are expected to guide drill targeting and a decision on the remaining six spreads.
- Survey corridor
- About 8 kilometres along the MS2 trend
- First phase
- Three priority survey areas
- Proposed program
- Nine spreads, each about 1.2km by 1.2km
- Survey coverage
- About 140 line-kilometres across a roughly 9-kilometre corridor
- Project
- 100%-owned Mt Hope project, New South Wales
What people are saying
This survey will give us the first continuous picture of MS2 along its full length, and we are specifically looking for fault intersections that cause the bends and jogs in the structure that tend to promote mineralisation in the Cobar Basin.
Importantly, we expect it to deliver a pipeline of new drill targets alongside our ongoing work at Mt Solitary.