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Exploration

Mar 04, 2021
Cannindah cashed up for Piccadilly exploration

Cannindah cashed up for Piccadilly exploration

Cannindah Resources has raised $1 million through a share placement to advance work on its Piccadilly gold project,  60km north of Charters Towers. The company this week reported that rock chip sampling had returned some high-grade gold results that highlighted the potential of the under-explored eastern section of the Piccadilly mining lease. Geological prospecting had… ...

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Feb 23, 2021
Zenith delves deeper at Red Mountain

Zenith delves deeper at Red Mountain

Zenith Minerals has started a follow-up drill program to a depth of 400m at its Red Mountain gold project in Central Queensland. It comes after the company intersected high-grade near-surface gold in the maiden and subsequent drill programs last year. The results last year included 13m grading at 8g/t gold and 3.2g/t silver, and 15m… ...

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Feb 19, 2021
Queensland exploration riding high

Queensland exploration riding high

Strong commodity prices are expected to help fuel a continued climb in exploration spending in Queensland, after a 77 per cent rise in the past three years, a peak group says. Queensland Exploration Council chair Kim Wainwright said exploration expenditure in the state had been robust over most of the past 10 years, apart from a drop… ...

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Feb 15, 2021
Drilling industry courts women

Drilling industry courts women

The drilling industry is encouraging more women into its ranks. Most drill rigs are still single-sex says Australian Drilling Industry Association board member, Charters Towers driller and outlier Sally Forgan. Ms Forgan says there’s pressure to change the balance. “There is a shortage in our industry … especially attracting new talent to the pool is… ...

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Feb 11, 2021
Drilling business DDH1 launches $150m IPO

Drilling business DDH1 launches $150m IPO

Australian drilling firm DDH1 Group has launched a $150 million initial public offering valuing the company at $376.5 million. The group comprises the three brands DDH1 Drilling, Strike Drilling and Ranger Drilling. Founded in 2006, it operates a fleet of 96 mineral drilling rigs to support drilling programs throughout Australia. The prospectus indicates the business… ...

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Feb 09, 2021
Here’s the drill for Zenith exploration

Here’s the drill for Zenith exploration

Zenith Minerals has revealed its plans for stepped up exploration activity at three keys sites this year – including two Queensland projects. The company said its primary focus would be on the Red Mountain gold project and Develin Creek copper-zinc project, along with Split Rocks in Western Australia. It plans more than 1500m of diamond… ...

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Jan 29, 2021
Geoscience job prospects hit high note going into 2021

Geoscience job prospects hit high note going into 2021

Australia’s geoscientists benefited from a sharp increase in employment opportunities in the final quarter of 2020, according to new survey results. The greatest improvement was evident in Western Australia, where unemployment fell from 8 per cent to 2.6 per cent, while in Queensland the unemployment rate fell from 9.4 er cent to 5.3 per cent,… ...

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Jan 25, 2021
New Century sizes up Silver King for potential mine

New Century sizes up Silver King for potential mine

New Century Resources has launched a drilling program at the high-grade Silver King deposit as it weighs up future mining opportunities at the Century site. The Silver King lead-zinc-silver deposit is 3km west of the existing Century processing plant and, along with the East Fault Block, is the subject of a development study. New Century… ...

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Jan 21, 2021
Tartana in deal to add Newcrest project to its assets

Tartana in deal to add Newcrest project to its assets

Tartana Resources is snapping up a raft of Newcrest Mining tenements as it builds its presence in the Chillagoe area. The company, which is working towards a restart of the former Tartana copper sulphate plant, has negotiated a sale and purchase agreement with Newcrest for the Bulimba project. Tartana says the EPMS cover more than… ...

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