Sunny Corner (Ag-Au-Zn-Cu)
The Sunny Corner Project comprises EL5964 (Sunny Corner), EL9133 (Sunny Corner North) and EL 9504 (Sunny Corner South).
MinRex 100% owns Sunny Corner North and South and is currently farming-into Sunny Corner from partners Sunchine Reclamation Pty Ltd and Sunny Silver Pty Ltd. MinRex holds the right to acquire a 90% interest in Sunny Corner by spending $1.5 million by September 2024.
The historic Sunny Corner mine was at one time the largest silver producer in NSW. After beginning as a gold mine in 1865, silver was discovered in 1877 with grades high enough for direct shipping to London (rumoured to be up to 1,000 g/t). During 1881-1883 a large quantity of silver ore was carted by a horse or bullock team to Rydal, by train to Sydney, and then by ship to London. The Sunny Corner Silver Mining Co was formed in 1884 and became the first successful silver mining and smelting operation in Australia, producing more than 90 tonnes of silver.
Located approximately 175 kilometres from Sydney, the Sunny Corner project operates under the exploration licence EL5964 and covers an area of approximately 104 square kilometres. This area is characterised by three different mineralisation styles, as follows:
– Volcanogenic Massive Sulphides (VMS) systems (e.g. historic Sunny Corner mine silver, lead, zinc and copper);
– Remobilised structurally-controlled shear-hosted base metals (e.g. Nevada Mine copper); and
– Quartz vein-hosted gold with a genetic link to quartz-feldspar porphyry intrusions