The project spans 164.3km2 and covers the historic Invincible gold mine, where early 1900s production averaged an impressive ~30g/t gold, along with the historic Glenorchy tungsten workings nearby.
Despite its rich past, the ground has seen no modern exploration, leaving untapped potential beneath the surface.
Invincible sits in a geological neighbourhood known for delivering scale.
It shares key structural features with some of New Zealand’s most important deposits, including OceanaGold’s world-class Macraes mine, around 170km southeast, and Santana Minerals’ 2.2Moz Bendigo-Ophir deposit, 65km to the east.
Uvre’s (ASX:UVA) technical team believes the historical mine could sit within the same structural corridors as these bulk-tonnage systems.
The newly granted permit expands Uvre’s growing portfolio of brownfields gold assets across NZ, with exploration about to get underway.
Field programs are scheduled to kick off this quarter at Invincible and the historical Golden Progress mine within the Oturehua gold project.
A maiden drilling campaign on the South Island is planned for the first half of 2026.
Golden Progress will take centre stage initially, with Uvre zeroing in on high-grade potential surrounding the historical mine workings.
Early rock chip sampling at Oturehua has returned encouraging results of up to 12.1g/t gold, adding confidence to the vein-hosted mineralisation historically mined from the area.
At Invincible, the team will begin with stream sampling and detailed geological mapping aimed at pinpointing mineralised shear zones.
