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Industry News

Mar 24, 2021
Sunshine ready to roll at Ravenswood West

Sunshine ready to roll at Ravenswood West

Sunshine Gold has pushed ‘go’ on the acquisition of the Ravenswood West gold-copper-rare earths tenements and is set to kick off field work there next month. The company has exercised its option to acquire Ravenswood West from Stavely for $400,000 and a 1 per cent net smelter royalty on gold revenue. Managing director Damien Keys…. This content is for iQ Industry Queensland, iQ ...

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Mar 23, 2021
Moho reports promising Empress Springs  results

Moho reports promising Empress Springs results

Moho Resources says a regional borehole sampling program at the Empress Springs project in North Queensland has revealed a large gold signature in the ground water. The work, carried out in conjunction with CSIRO, identified a zone of about 90km strong gold anomalism zone across the Croydon district project as well as pointing to new… This content is for iQ Industry Queensland, iQ Coal, iQ ...

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Mar 22, 2021
QMines in strong start at Mount Chalmers

QMines in strong start at Mount Chalmers

QMines has hit the ground running at Mount Chalmers in Central Queensland, with a diamond drilling campaign underway and a reverse circulation program to kick off next month. The company lodged its prospectus last week for an IPO to raise $10 million to $20 million and aims to list on the stock exchange in April…. This content is for iQ Industry Queensland, iQ Coal, iQ Civil, iQ Geo, iQ Min...

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Mar 22, 2021
Great Northern raises cash for NQ gold projects

Great Northern raises cash for NQ gold projects

Great Northern Minerals has launched a bid to raise $3 million to fast track work at its Camel Creek and Big Rush gold projects in North Queensland. The Perth-based junior has announced a placement of shares to sophisticated and professional investors as well as a rights issue to shareholders to raise the capital. The funds… This content is for iQ Industry Queensland, iQ Coal, iQ Civil, iQ ...

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Mar 22, 2021
Steam Engine gold resource hits 122,000oz

Steam Engine gold resource hits 122,000oz

Superior Resources has lifted the mineral resource estimate for its Steam Engine deposit, 210km west of Townsville, to 122,000 ounces of gold. Completion of the resource upgrade programs meant the company could now to finalise its scoping study for the North Queensland project, Superior managing director Peter Hwang said. “We are pleased that the 2020… This content is for iQ Industry Queens...

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Mar 18, 2021
Great Southern firms copper-gold vision at Edinburgh Park

Great Southern firms copper-gold vision at Edinburgh Park

Great Southern Mining says it has identified two large copper-gold systems in the Leichhardt Creek area of its Edinburgh Park project in North Queensland. Mapping and geochemical sampling revealed the two significant anomalies, surrounded by several minor satellite anomalies, the company said. “The analysis of the recently extended soil surveys at Leichhart Creek, at the… This content is fo...

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Mar 18, 2021
Cannindah stock price jumps on resources review

Cannindah stock price jumps on resources review

Updated – midday March 18 There’s been a big reaction to Cannindah Resources’ latest resource review. The stock opened on the ASX at $0.035 on Wednesday and had bounced 181 per cent on the ASX by midday. It had hit more than $0.09 30 minutes after the opening bell.  The increased investor interest in the… This content is for iQ Industry Queensland, iQ Coal, iQ Civil, iQ Ge...

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Mar 17, 2021
Resource boost at Galalar silica sands site

Resource boost at Galalar silica sands site

Diatreme Resources has announced a 30 per cent increase to the mineral resource estimate for its Galalar silica project in Far North Queensland. “This is another welcome boost for our Galalar project, demonstrating its potential to become a long‐term silica sand operation that generates valuable new jobs and investment for the benefit of the local… This content is for iQ Industry Queensland...

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Mar 16, 2021
PNG miner halts Cairns charter flights indefinitely

PNG miner halts Cairns charter flights indefinitely

Ok Tedi Mining has announced that it will suspend its international charter flights to Cairns until further notice. The company made the announcement after further discussions with Queensland Health and police following further reports of COVID-19 cases being detected in Queensland from international travelers undergoing hotel quarantine. It came as Federal Health Minister Greg Hunt… This c...

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