A mining company exploring south of Narromine has reported promising findings at the drilling site, raising the prospect of a new mine to be established in the coming years. 

Mining company Magmatic Resources kicked off a diamond drilling campaign at the Myall Copper-Gold Project near Narromine in July this year. 

According to reports, Magmatic Resources intercepted visible copper sulphide mineralisation, meaning the project could be a viable copper-gold discovery. 

Narromine Shire Council Mayor Craig Davies said that the results are looking promising so far but nothing is set in stone. 

“I’ve spoken to a couple of geologists who are very excited by the prospect of drilling that’s being done just 30 kilometres south of narromine,” Cr Davies said. 

“It’s showing potential to be a very significant copper gold outcrop,” he said

The mining company has reported that the Myall Project site has a similar age, compositions and dimensions to the North Parkes mine, which is a world-class deposit that has been in operation for nearly 30 years. 

Cr Davies said that positive results won’t necessarily mean anything for the community for a long time. 

“They’ve only done one lot of drilling but the drilling results that they’ve had are very exciting…but if a mine were to be established there it’s probably 7 or 8 years away,” he said. 

“I don’t want to talk it up, I’d hate for people to dive into it and for it to fall over…it’s very early days.”

Further south, the Tomingley gold operation employs around 200 people and has been operating since 2014. 

The Tomingley Gold Mine recently poured their 500.000th ounce of gold, well beyond their original goal of 380,000 ounces. 

“It’s just another significant employment opportunity for the Narromine people. As it is, we are just going flat out trying to get housing and development done, and bringing people to the shire to fill all the jobs that are currently going,” Cr Davies said. 

Magmatic Resources has been contacted for comment.