fbpx

Exploration

May 22, 2020
Explorers urged to act promptly to tap JMEI

Explorers urged to act promptly to tap JMEI

The Association of Mining and Exploration Companies (AMEC) is urging its members to get in early for the fourth year of the Junior Minerals Exploration Incentive (JMEI).“The Income Tax Assessment Amendment (Exploration for Minerals) Regulations 2020 has added $5 million in unused exploration credits from the 2017-18 income year to the exploration credits available for… ...

Read More
May 20, 2020
Water samples provide taste of  riches below

Water samples provide taste of riches below

A new ‘water tasting’ approach developed by CSIRO may help mining companies more accurately pinpoint reserves of valuable minerals. Researchers have discovered broad haloes of altered water chemistry around known deposits of gold, uranium, and other minerals where interaction with the ore systems has left distinctive traces in the water. The studies, supported by the… ...

Read More
May 20, 2020
Superior raises cash to back NQ gold project

Superior raises cash to back NQ gold project

Superior Resources has launched a $1.18 million capital raising to back a scoping study for its Steam Engine gold deposit in North Queensland. It comes after an announcement early this month that it had upgraded the mineral resource estimate by about 11 per cent for deposit, which lies within its Greenvale project. The two-tranche placement and… ...

Read More
May 15, 2020
Sconi study delivers new nickel and cobalt targets

Sconi study delivers new nickel and cobalt targets

Australian Mines has identified 14 new nickel and cobalt exploration target areas within and adjacent to its Sconi project, near Greenvale in North Queensland. Managing director Benjamin Bell said the company’s primary focus remained on securing binding offtake and financing agreements for Sconi. However the new targets showed there was still a lot that it… ...

Read More
May 14, 2020
Gas country tenders open to fire up exploration

Gas country tenders open to fire up exploration

The State Government has opened 12 parcels of land covering more than 6700sq km to tender for gas exploration. Mines Minister Dr Anthony Lynham today said the land, in the resource-rich Bowen and Surat basins, was in proven highly prospective regions. “This is about keeping exploration moving in Queensland to support our post COVID-19 economic… ...

Read More
May 13, 2020
Rock reveals promise in Zenith’s new Snook prospect

Rock reveals promise in Zenith’s new Snook prospect

Sampling at Zenith Minerals’ new Snook prospect has returned highly encouraging base metal and gold values, up to 7.58 per cent copper and 0.48 g/t gold. The new copper prospect was identified 30km south of Zenith’s current JORC resources at the Develin Creek copper-zinc-gold project, west of Rockhampton. Initial geological reconnaissance mapping and soil sampling… ...

Read More
May 12, 2020
Hammer hard at work on  exploration campaigns

Hammer hard at work on exploration campaigns

Hammer Metals plans a diamond drilling campaign in June on ‘compelling’ targets at the Shadow and Toby prospects within the JOGMEC joint venture project. Managing director Daniel Thomas said the first program of the $6 million JOGMEC JV had positioned Hammer for success in 2020 with the definition of a number highly prospective copper/gold drill… ...

Read More
May 12, 2020
Beefed up resource figure for Galalar silica sand site

Beefed up resource figure for Galalar silica sand site

The total mineral resource for Diatreme’s Galalar silica sand project on Cape York has received a 25 per cent boost to 47.5 million tonnes. Diatreme says it aims to progress to mining as soon as possible against a background of strong demand from Asian markets. “This is a pleasing outcome for Galalar and highlights the… ...

Read More
May 11, 2020
Castillo keen to fast-track Mount Oxide drilling

Castillo keen to fast-track Mount Oxide drilling

Castillo Copper is keen to fast-track drilling at the Arya prospect and Big One deposit within its Mount Oxide project in North West Queensland. Several drilling contractors are being invited to submit quotes to run the twin RC drilling campaigns, the company says. It says the application to progress the drilling campaigns will be filed… ...

Read More
Menu