YTC Resources Limited is an exploration and mineral development company based in Orange NSW.
The Company's focus is the exploration and feasibility of the high grade gold-base metal Hera Deposit and the emerging high-grade discovery copper at the nearby Nymagee copper deposit. The Projects are located about 100kms SE of Cobar in western NSW and represent typical "Cobar Style" ore systems, which have a strong historical precedent for large scale, high-grade, long life mining operations.
YTC is completing a Definitive Feasibility Study at the Hera Project with a view to incorporating the Hera and Nymagee copper ore into a combined operation producing gold, copper, silver, lead and zinc.
Nymagee is emerging as one of the most exciting copper discoveries in Australia in recent times, and holds strong analogies to the world-class CSA copper system, located 90km along strike. CSA, like other Cobar Basin mineral systems has extensive depth persistence and extends to >2km depth. The Nymagee system remains open at depth, with most recent results discovering two new copper lenses.
YTC is also active in exploration for copper, gold and tin on a number of tenements in the Lachlan Fold Belt of NSW.
updated 17th August, 2011
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