Mathinna Project
Location and History
The Mathinna Project is located in northeast Tasmania and consists of four exploration licences covering approximately 142 square kilometres. The tenements are situated along a structurally controlled corridor within the historical Alberton–Mathinna Goldfield, an area with a rich legacy of high-grade underground gold mining.
Historical records from Mineral Resources Tasmania report that the region produced about 315,000 ounces of gold at an average grade of 26 g/t Au, with an additional 20,000–30,000 ounces sourced from alluvial operations. The project area includes the Golden Gate Gold Mine, a prolific historic high-grade mine discovered in the 1890s.
The Company’s geological team visited the site in early 2021, prior to pandemic-related travel restrictions. No recent drilling has been reported, and historic data has not yet been verified by a Qualified Person under NI 43-101 standards.
Geological Potential
The project lies within a mineralized corridor known for structurally controlled gold-bearing quartz veins hosted in folded and faulted sedimentary units. The region’s historic mining focused on high-grade, narrow vein systems at shallow depths, suggesting potential for down-dip or along-strike mineralization that remains untested.
In 2025, Carlton intends to undertake a field program including:
Secondary gold recovery testing of historic tailings
Geophysical surveys to identify deeper targets
Geological mapping to model historic workings and guide future drilling
Mathinna Project
Location and History
The Mathinna Project is located in northeast Tasmania and consists of four exploration licences covering approximately 142 square kilometres. The tenements are situated along a structurally controlled corridor within the historical Alberton–Mathinna Goldfield, an area with a rich legacy of high-grade underground gold mining.
Historical records from Mineral Resources Tasmania report that the region produced about 315,000 ounces of gold at an average grade of 26 g/t Au, with an additional 20,000–30,000 ounces sourced from alluvial operations. The project area includes the Golden Gate Gold Mine, a prolific historic high-grade mine discovered in the 1890s.
The Company’s geological team visited the site in early 2021, prior to pandemic-related travel restrictions. No recent drilling has been reported, and historic data has not yet been verified by a Qualified Person under NI 43-101 standards.
Geological Potential
The project lies within a mineralized corridor known for structurally controlled gold-bearing quartz veins hosted in folded and faulted sedimentary units. The region’s historic mining focused on high-grade, narrow vein systems at shallow depths, suggesting potential for down-dip or along-strike mineralization that remains untested.
In 2025, Carlton intends to undertake a field program including:
Secondary gold recovery testing of historic tailings
Geophysical surveys to identify deeper targets
Geological mapping to model historic workings and guide future drilling
Mathinna Project
Location and History
The Mathinna Project is located in northeast Tasmania and consists of four exploration licences covering approximately 142 square kilometres. The tenements are situated along a structurally controlled corridor within the historical Alberton–Mathinna Goldfield, an area with a rich legacy of high-grade underground gold mining.
Historical records from Mineral Resources Tasmania report that the region produced about 315,000 ounces of gold at an average grade of 26 g/t Au, with an additional 20,000–30,000 ounces sourced from alluvial operations. The project area includes the Golden Gate Gold Mine, a prolific historic high-grade mine discovered in the 1890s.
The Company’s geological team visited the site in early 2021, prior to pandemic-related travel restrictions. No recent drilling has been reported, and historic data has not yet been verified by a Qualified Person under NI 43-101 standards.
Geological Potential
The project lies within a mineralized corridor known for structurally controlled gold-bearing quartz veins hosted in folded and faulted sedimentary units. The region’s historic mining focused on high-grade, narrow vein systems at shallow depths, suggesting potential for down-dip or along-strike mineralization that remains untested.
In 2025, Carlton intends to undertake a field program including:
Secondary gold recovery testing of historic tailings
Geophysical surveys to identify deeper targets
Geological mapping to model historic workings and guide future drilling