Waihi residents whose homes are affected by the expansion of goldmining underneath their town may seek compensation from the Earthquake Commission, the Green Party says.
Green Party MP and mining opponent Catherine Delahunty helped organise a meeting of about 80 Waihi residents on Friday night.
The residents believe they will be affected by mining company Newmont's plan for a large new mine, 130m below the eastern part of the town, that would have a direct effect on almost 50 homes.
Ms Delahunty said residents' biggest concerns were the effect of the mine on property values, the inability to guarantee insurance for their properties and effects of vibration from the underground mining.
Those at the meeting, organised by the local Distressed Residents Group, felt they had received "no coherent responses from Newmont about their uncertain future".