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Gold

 Gold in quartz galena and sphalerite from Red Hill Reef, Eaglehawk, Bendigo, Victoria (Scale: 9 cm)

Victoria hosts one of the largest orogenic gold provinces in the world. Total historical production from the Victorian goldfields exceeds 2500 tonnes. The discovery and large-scale mining of gold had a profound effect on the economic development of Victoria in the 19th century.

Most of the gold in Victoria was produced between 1852 and 1915, when annual production varied between a maximum of 90 tonnes in 1856 and a minimum of 10 tonnes in 1915. Gold production had declined to less than 100 kilograms per year by the late 1970s, but then increased to more than three tonnes per year in 1990.

Victoria's four largest producing gold mines are at Ballarat, Stawell, Fosterville and Costerfield.

Research over the last 5-10 years has considerably improved understanding of the geology of gold mineralisation in Victoria. There have been major advances in establishing the timing of mineralisation events. Studies of the characteristics of alteration associated with mineralisation have established that there are subtle alteration halos extending tens to hundreds of metres away from orebodies. Recent deep seismic surveys have provided new information on the crustal-scale regional controls of gold mineralisation.

Deposit types

There are four main types of gold deposit in Victoria:

  • Orogenic deposits
  • Volcanic-hosted massive sulphide (VMS) deposits
  • Intrusion-related gold deposits
  • Alluvial gold.

There are also a few instances of anomalous gold concentrations in epithermal and porphyry copper mineral systems.

Orogenic gold

Orogenic gold deposits represent by far the most economically important primary gold mineralisation in Victoria. They account for almost all primary gold production (more than 1100 tonnes) and include most of the known and potential resources. Most of these deposits are in folded, faulted and regionally metamorphosed (commonly to greenschist facies) Cambrian to Devonian turbidites and, less commonly, in Cambrian metavolcanic and sedimentary rocks and Devonian dykes. Mineralisation is associated with the late stages of regional deformation or in periods of reactivation of older structures. The timing, character and intensity of orogenic old mineralisation vary considerably in Victoria and bear a close relationship to the geological history of the known structural zones of the State.

Orogenic gold deposits have been separated into mesozonal and epizonal mineralisation on the basis of the depth and temperature of gold deposition.

Mesozonal orogenic gold

Mesozonal orogenic gold was the main source of historical primary gold production and also the predominant original source of gold in alluvial deposits. They are most abundant in the Bendigo and Stawell structural zones and in the Walhalla Woods Point belt in the eastern Melbourne Zone. The Victorian goldfields of this type that produced more than one million ounces (31 tonnes) of gold from quartz veins include Bendigo (560 tonnes), Stawell (125 tonnes), Ballarat (88 tonnes), Walhalla (68 tonnes), Maldon (56 tonnes), Woods Point (40 tonnes) and Clunes (37 tonnes).

Mesozonal orogenic gold is found in quartz veins that occupy dilational zones in fault sand at fold axes. These are known as saddle reefs and trough reefs. Most of the mineralised faults are reverse faults, and most are related to folding and characterised by fault displacements of less than 100 metres. Some individual quartz veins are more than 20 metres wide and can be traced for many hundreds of metres both horizontally and vertically. Gold-bearing quartz veins are often grouped into vein systems, which can cover areas of up to 150 square kilometres. Mineralised areas such as these may contain more than 100 tonnes of gold, with typical grades for current large-scale underground mining between 5 and 30 g/t(grams of gold per tonne of ore).

The quartz veins that host mesozonal orogenic gold commonly contain minor amounts of ferromagnesian carbonates and a few percent of sulphides, although in eastern Victoria the sulphides may be the dominant ore mineral. The sulphides are mostly pyrite and (in some cases pyrrhotite and arsenopyrite), with smaller amounts of chalcopyrite, sphalerite and galena. Native gold is found as both free grains and submicroscopic inclusions insulphides. The mineralogy and geochemistry of the gold mineralisation show broad regional variations. The fineness [1000 × gold/(gold + silver)] of most mesozonal orogenic gold is greater than 920, but in the Stawell Zone it is commonly less than 750 and occasionally less than 300.

Mesozonal orogenic gold was precipitated from low-salinity fluids at depths of six to twelve kilometre sand at temperatures between 300 and 475 °C. The main phase of mesozonal orogenic mineralisation in the Bendigo and Stawell zones occurred at around 440 million years ago (440 Ma) and that in the Melbourne Zone at around 380 Ma.

Epizonal orogenic gold

Epizonal orogenic gold deposits are most common in the western part of the Melbourne Zone and in the eastern Bendigo Zone. Most individual deposits are small. The only major known ore field of this type in Victoria is the Fosterville goldfield (at least 65 tonnes total gold) in the Bendigo Zone. Other epizonal orogenic deposits mined in Victoria contained less than 10 tonnes of gold. These include Costerfield, Nagambie, Heathcote and Bailieston. Typical grades for underground mining vary between 5 and 15 g/t gold.

Epizonal orogenic gold deposits characteristically contain submicroscopic inclusions of gold in sulphides within quartzsulphide veins and in stockworks in faults. Free gold is rarely found in unoxidised ores and gold may also be present as aurostibite (AuSb2).

The dominant sulphides in epizonal orogenic gold deposits are usually arsenopyrite, pyrite and stibnite. The mineralogy of ores changes according to the temperature of gold deposition. Assemblages dominated by arsenopyrite and pyrite were deposited at higher temperatures (e.g. Fosterville gold mine) than ores with stibnite as the dominant sulphide (e.g. Costerfield gold mine).

Epizonal orogenic gold mineralisation forms by precipitation of gold from low-salinity fluids at depths of two to six kilometres and temperatures between 170 and 300 °C. In Victoria, these deposits are believed to have formed at around 380 Ma but, because of their low temperature of formation, the precise ages of the deposits in the Bendigo Zone are unclear. Those in the Melbourne Zone were deposited immediately after the only major deformation to have affected the zone, the Tabberabberan deformation at 380 Ma.

Gold in volcanic-hosted massive sulphide (VMS) deposits

There are only a few known VMS gold deposits or gold occurrences with anomalous gold grades in Victoria. The best known examples are the Currawong copperzinc deposit (9.5 million tonnes of ore) in the Omeo Zone and the Mount Ararat copper deposit (1 million tonnes of ore) in the Stawell Zone. Gold in these deposits is associated with pyrite, chalcopyrite and sphalerite at grades of between 0.5 and 2 g/t.

Intrusion-related gold

Several small intrusion-related gold deposits have been identified in Victoria. These are spatially and temporally related to felsic intrusions, have characteristic geochemistry, and formed later than other styles of gold mineralisation in Victoria. Unlike the orogenic gold deposits, they were deposited a considerable time after the main local orogenic phase. The Wonga deposit at Stawell (~10 tonnes of gold) is the largest intrusion-related deposit in Victoria. Most of the other known intrusion-related deposits are yet to be mined.

Gold in intrusion-related deposits is in quartz veins that also contain minor amounts of sulphides. These deposits commonly have anomalous concentrations of molybdenum,tungsten, bismuth, antimony, copper, tellurium, and sometimes tin, boron and fluorine.

The magmatic source for intrusion-related deposits is unclear. In particular, deposits hosted by metaturbidites and characterised by gold grades exceeding 30 g/t (up to 510 g/t) share many attributes with some orogenic gold deposits.

Most deposits classified as intrusion-related formed at around 370 to 380 Ma in the Melbourne Zone and eastern Bendigo Zone, and at 400 to 420 Ma elsewhere in the State.

Alluvial deposits

Alluvial deposits in Victoria were formed by weathering and erosion of primary gold mineralisation. The largest alluvial deposits are typically close to major orogenic gold deposits (e.g. Ballarat, Bendigo and Castlemaine). However, several major alluvial goldfields are in areas where only trivial primary deposits are known (e.g. Creswick, Chiltern, Ararat and Beaufort).

The largest alluvial goldfields extended over distances of around ten kilometres and produced more than 100 tonnes of gold. Historical records are poor or non-existent, so there is considerable uncertainty about production of alluvial gold. Total Victorian alluvial gold production is estimated to be about 1500 tonnes.

Most alluvial deposits were traced to their primary sources, and thus led to primary gold mineralisation. To date, no significant primary deposits that have been mined in Victoria have been found by other means.

Most alluvial gold in Victoria is in Eocene to Holocene gravels, including ridge-forming cemented gravels. The grain size of alluvial gold varies both within and between deposits and is probably related to properties of the primary source mineralisation. Some areas in central and western Victoria are well known for an abundance of gold nuggets.

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Further information

To create your own maps online and in real time, plan exploration activities by viewing land status, or download GIS data to add to your own maps, visit GeoVic. Map: Gold in Victoria.