fbpx

Exploration

Sep 14, 2020
Positive results flow from Steam Engine drill campaign

Positive results flow from Steam Engine drill campaign

Superior Resources has released the first assay results from a scoping study resource drilling program at its Steam Engine gold project near Greenvale in North Queensland. The first results come from 28 shallow reverse circulation holes, which the company says all returned significant gold mineralisation. “With this initial batch of assays all returning excellent gold… ...

Read More
Sep 09, 2020
Great Northern results continue to glow

Great Northern results continue to glow

Great Northern Minerals has reported high-grade gold results from the final 1m samples from a recent 2516m drilling campaign at its Camel Creek project in North Queensland. The company said no deep drilling had previously been completed at Camel Creek and this program had highlighted the continuity of mineralisation underneath and beyond previously mined shallow… ...

Read More
Sep 09, 2020
GBM goes hard at Mount Coolon gold project

GBM goes hard at Mount Coolon gold project

GBM Resources has launched a 5000m diamond and RC drilling program at its flagship Mount Coolon gold project in North Queensland. GBM managing director and chief executive officer Peter Rohner described the program as a significant step towards becoming a gold producer in the Drummond Basin. It comes after the announcement last month that GBM… ...

Read More
Sep 03, 2020
New potential gold lode find at Steam Engine

New potential gold lode find at Steam Engine

Rock chip sampling has highlighted the potential of a third lode zone at Superior Resources’ Steam Engine gold project near Greenvale in North Queensland. The samples were taken to follow up historic reports of outcropping mineralisation parallel to the two known lodes and returned results of 7.6g/t and 1.9 g/t gold. Managing director Peter Hwang… ...

Read More
Sep 01, 2020
Latest data shows annual exploration growth

Latest data shows annual exploration growth

Mineral exploration expenditure lifted significantly in Queensland last financial year, the Association of Mining and Exploration Companies says. But AMEC has raised concerns about the impact of tight border restrictions on more recent activity in the state. The total exploration spend in Queensland (other than petroleum) hit $403.4 million in 2019/20 compared to $313.4 million… ...

Read More
Sep 01, 2020
Gold industry star player in bolstering economy

Gold industry star player in bolstering economy

Queensland owes the gold industry a debt of gratitude. That comes from Eagle Drilling NQ which has developed into one of the largest private businesses in Charters Towers largely on the strength of the precious metal’s consistent performance over the last 10 years. The company has a fleet of 16 surface rigs with logistical support including support truc...

Read More
Sep 01, 2020
An origin battle that has been waged over decades

An origin battle that has been waged over decades

A cold war of ideas centred on the possible origins of one of the world’s richest base metals deposits is entering into its fourth decade with fresh troops carrying the standard into battle. The point of contention is simple enough. How did the Mount Isa deposit form? At issue are the assumptions drawn to mine… ...

Read More
Sep 01, 2020
Great Northern boosts funds for NQ gold campaign

Great Northern boosts funds for NQ gold campaign

North Queensland gold developer Great Northern Minerals has raised $1.6 million through a share placement to accelerate its exploration push. The company is focused on the Golden Ant group of projects that it acquired in August 2019, which includes the former Big Rush, Camel Creek and Golden Cup gold mines. It said this week it… ...

Read More
Aug 31, 2020
Depco Drilling in Mount Oxide agreement

Depco Drilling in Mount Oxide agreement

Castillo Copper has selected Depco Drilling as the lead contractor for the upcoming reverse cycle and diamond drill campaigns at the Big One deposit and Arya prospect within the Mount Oxide project. Castillo said the drilling company had agreed to accept a material proportion of their fees in shares, with a six-month voluntary escrow period…. ...

Read More
Menu