The Hera Au-Ag-Pb-Zn deposit of central New South Wales, Australia with a total undepleted resource of 3.6 Mt @ 3.3 g/t Au, 25 g/t Ag, 2.6% Pb and 3.8% Zn occurs on the SE margin of the Cobar Basin. It is hosted by the shallow marine Mouramba Group and overlying turbiditic Amphitheatre Group. The siltstones comprise various mixtures of quartz, plagioclase, muscovite-phengite, biotite and clinochlore, along with accessory titanite and ilmenite. The deposit comprises a number of discrete lodes which are steeply west-dipping and strike NNW. Each lode has different abundances of the main ore minerals sphalerite, galena, chalcopyrite, pyrrhotite and electrum-gold. The North Pod and Far West lenses have the most diverse mineralogy in additionally containing arsenopyrite, native silver, gudmundite, Ag-tetrahedrite, acanthite, dyscrasite, native antimony, nisbite and breithauptite. Electrum (continuous spectrum from Ag-rich to Au-rich) is associated with sulfides in the main ore lenses while native gold occurs in the host rocks along cleavages/lineations and away from the main ore. The sulfur isotope data from across the deposit indicates a magmatic source. Most of the deposit has experienced greenschist facies metamorphism with pervasive green chlorite alteration, though the North Pod differs in being distinctly Ag- and Sb-rich and has reached at least amphibolite facies metamorphism with a garnet-wollastonite-vesuvianite-tremolite assemblage. Tremolite is relatively abundant throughout most of the deposit suggesting widespread low-T skarn alteration. Cross-cutting pegmatites comprise quartz, plagioclase (labradorite-andesine) and microcline. Hydrothermal remobilization is relatively extensive and best explains the unusual Ag-Sb-As assemblages of the North Pod and Far West lodes.

The newly discovered Federation deposit, with a resource estimate of 2.6 Mt @ 7.7% Pb, 13.5% Zn, 0.8 g/t Au, and 9 g/t Ag, lies 10 km south of the Hera deposit within the Cobar Basin of the Lachlan Orogen. Located just north of the Erimeran Granite contact and between the Lower Amphitheatre Group and underlying shallow marine Mouramba Group Roset Sandstone, the host siltstones and sandstones have been brecciated, intensely silicified, and chloritized close to mineralization. Oriented in an overall east-northeast strike and with a steep south-southeast dip, the siltstones mainly comprise quartz, clinochlore, biotite, and muscovite. Federation also has highly fragmented zones with breccia and vein-fill of calcite. The main ore mineralization includes sphalerite and galena, with lesser chalcopyrite, pyrrhotite, pyrite, gold, and very rare meneghinite. Mineralization occurs within silicified veins and breccias of Zn-Pb sulfides, which generally grade to moderate veining of sulfides with Pb and Cu dominant sulfides, as well as minor veining of base metals associated with visible gold. Mineralization throughout the deposit is fairly simple, with a low diversity of minerals. Iron concentration varies throughout the deposit, decreasing towards the center. Observations of massive sphalerite with gradations of red to honeycomb yellow indicate the transition from high Fe (7–10%) to low Fe (2–5%) within the coarse sulfide assemblages over a very short distance. Within the main mineralized corridor, fibrous amphibole inclusions within galena/sphalerite assemblages are observed at 251 m, as well as epidote associated with sulfides at 573 m. Other ore-associated gangue minerals include ilmenite, siderite, scheelite, magnetite, apatite, and rutile.

The Devonian Hera metaturbidite-hosted polymetallic Au–Zn–Pb–Ag deposit of central NSW, Australia, contained a total undepleted resource of 3.6 Mt @ 3.3 g/t Au, 25 g/t Ag, 2.6% Pb and 3.8% Zn. The deposit comprises a number of distinctive lodes with each containing a distinctive ore and alteration/gangue mineralogy, though generally the sulfide ore comprises various mixtures of sphalerite, galena, chalcopyrite, pyrrhotite and relatively common visible gold–electrum. The North Pod and Far West lodes are distinctly Sb rich and contain a more diverse ore mineralogy with arsenopyrite, native silver, native antimony, gudmundite, tetrahedrite-(Fe), argentotetrahedrite-(Fe), acanthite, dyscrasite, nisbite and breithauptite. From analysis of 52,760 assays from across the deposit it was found that there was a very poor correlation between gold and each of Fe, Zn, S, Pb, Cu, As and Ag, whereas Ag correlated reasonably well with both Pb and Zn. Results from EPMA shows that gold varies widely in composition from host-rock associated gold (96 wt.% Au) through more intermediate compositions (88–73 wt.% Au) to electrum (46–27 wt.% Au), commonly associated with Sb-phases and containing significant Sb within the gold itself (1.05–2.58 wt.% Sb). From the Far West lense, aurostibite occurs as distinctive rims around gold. Although aurostibite associated with gold contains no silver, the gold itself contains constant moderate amounts (10.87–12.27 wt.% Ag). We suggest that the aurostibite and other Sb phases formed from a late-stage Sb-rich hydrothermal during low-temperature retrograde skarn alteration. There is abundant evidence for both chemical and physical remobilisation at Hera and this remobilisation is largely responsible for the spectrum of gold compositions observed. The source for these fluids may be an underlying magmatic body, evidence for which occurs as granite pegmatite dykes in various locations throughout the deposit. Furthermore, gold with a moderate to high Sb content may be indicative of a low temperature of formation.