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Industry News

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… This content is for iQ Industry Queen...

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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… This content is for iQ Industry Queensland members only.Log In...

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Aug 26, 2020
Minotaur completes $4m, oversubscribed placement

Minotaur completes $4m, oversubscribed placement

Minotaur’s standing as an apex explorer has moved up a notch. It has announced a successful sale of 81 million new shares at 5 cents each to raise $4,050,000.  The company is reporting the placement was oversubscribed.  Minotaur intended to apply the funds to its suite of exciting and wholly owned prospects within Australia said… This content is for iQ Industry Queensland members ...

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Aug 20, 2020
Minotaur keen on gold action south of Townsville

Minotaur keen on gold action south of Townsville

Minotaur Exploration is buying into 150sq km of gold prospective ground 180km south of Townsville. It has signed a binding terms sheet to acquire the Pyramid tenement package from Avira Resources. Minotaur will make an option fee payment of $25,000 to Avira Resources for a 60 day exclusivity period in which to complete its due… This content is for iQ Industry Queensland members only.Log In ...

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Jul 31, 2020
Drilling underway at Steam Engine gold project

Drilling underway at Steam Engine gold project

Superior Resources has kicked off a 2500m reverse circulation and diamond core resource drilling program at its Steam Engine project in North Queensland. Fifty holes are planned to enable completion of a scoping study for the project in a program expected to last at least two months. “We are very pleased to be kicking off… This content is for iQ Industry Queensland members only.Log In...

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Jul 30, 2020
Camel Creek drilling kicks off as gold prices soar

Camel Creek drilling kicks off as gold prices soar

Drilling is underway at the Camel Creek gold project, 200km west of Townsville, for the first time since 2006. Great Northern Minerals has announced the start of its maiden drilling campaign at the site – the largest system of its three North Queensland gold projects based on historical workings. Eagle Drilling NQ is carrying out… This content is for iQ Industry Queensland members onl...

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Jul 29, 2020
Explorers welcome boost for wide-ranging projects

Explorers welcome boost for wide-ranging projects

The wider scope and boosted budget of the latest Queensland Collaborative Exploration Initiative funding round has been welcomed by the Association of Mining and Exploration Companies. “24 companies with 25 projects and almost $4 million in funding is a great boost for the industry and will make a significant impact to Queensland’s economic recovery from… This content is for iQ Industry Que...

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Jul 22, 2020
Spotlight on Camel Creek as maiden drill program starts

Spotlight on Camel Creek as maiden drill program starts

Great Northern Minerals says its maiden drilling campaign at Camel Creek is due to start next week as scheduled after gaining access approval. The work will test mineralisation under the historical gold mining pits at the North Queensland site. And the company has marked the latest milestone with the release of new footage of the… This content is for iQ Industry Queensland members only.Log ...

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Jun 22, 2020
Eagle Drilling NQ wins gold exploration contract

Eagle Drilling NQ wins gold exploration contract

Charters Towers-based company Eagle Drilling NQ has won the contract for an exploration campaign across three North Queensland gold projects. Great Northern Minerals announced today it had appointed Eagle Drilling NQ to begin testing at the Camel Creek project, followed by the Golden Cup and Big Rush projects. The program consists of about 3400m of… This content is for iQ Industry Queenslan...

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