The Unicorn Mo-Cu-Ag porphyry in northeast Victoria is the first Climax-type Mo discovery in Australia and heralds a newly emerging molybdenite province within the SE Lachlan Fold Belt,(LFB), with some spatial analogies to the Urad Climax-type Mo deposit at Red Mountain, Colorado. Exploring basal sections of Unicorn may reveal analogies to basal areas of Urad, where indications of remanent high Mo grades exist, now largely destroyed by the Red Mountain Porphyry from eruptive processes.