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Exploration

Jun 29, 2021
Red River Resources further proves up its Coronation prospect

Red River Resources further proves up its Coronation prospect

Red River Resources is making further inroads into exploiting reserves on its leases south of Charters Towers. The latest announcement has the company identifying four high priority targets from a survey undertaken at Coronation, about 50 kms due east of the company’s signature Thalanga operation or around 4km northwest of the Highway Reward mine. The… This content is for iQ Industry Queens...

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Jun 29, 2021
Castillo copper play delivering the goods

Castillo copper play delivering the goods

Castillo has reported a return on its drilling campaign initiated on the back of an $11m fund raising. The drilling includes a program of 26 drill-holes for 2828m at the Big One deposit, to be followed by work at the Arya and Sansa prospects. The company is reporting that mineralisation was intersected in the first… This content is for iQ Industry Queensland, iQ Coal, iQ Civil, iQ Geo, iQ M...

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Jun 29, 2021
Production predictions from early drilling at Mount Flora

Production predictions from early drilling at Mount Flora

Duke Exploration’s Mount Flora project is shaping up as a stand alone mining operation. The comment from the company managing director follows initial results from drilling at the historic copper mine located around 130kms southwest of Mackay. It’s after a campaign earlier this month where the company raised A$8 million through a placement of 22.2 million… This content is for iQ ...

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Jun 28, 2021
Exports bounce counted in the billions

Exports bounce counted in the billions

The Office of the Chief Economist says Australia is set to record its best year of resources exports. That’s contained in the latest Resources and Energy Quarterly (REQ) which both reviews market movements and forecasts Australia’s exports. It says the fortunes of Australian resources exports are tied to a rebounding world economy and are likely to hit… This content is for iQ Industry Queen...

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Jun 28, 2021
Develin drilling program gives it up for Zenith Minerals

Develin drilling program gives it up for Zenith Minerals

The Develin Creek copper-zinc massive sulphide project in Central Queensland continues to deliver for Zenith Minerals. Four new drill targets have been defined by induced polarisation (IP) geophysical surveys carried out at the Snook and Wilsons copper-zinc prospects.  They include two new high-quality drill targets identified at Snook (S1 & S2) which are located 30km… This content...

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Jun 24, 2021
‘Outstanding’ copper-gold results for Carnaby

‘Outstanding’ copper-gold results for Carnaby

Carnaby Resources has intersected broad zones of copper-gold mineralisation at Nil Desperandum as it continues an exploration campaign at its Greater Duchess project in North-West Queensland. They extend over 300m and are open at depth, with one drill hole producing a result of of 30m at 1.8 per cent copper within 56m grading at 1.2… This content is for iQ Industry Queensland, iQ Coal, iQ C...

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Jun 22, 2021
Survey to help unlock region’s mineral wealth

Survey to help unlock region’s mineral wealth

A specialised surveying aircraft is collecting new data in a Geological Survey of Queensland push in North West Queensland. Resources Minister Scott Stewart said the airborne magnetic and radiometric survey would cover a 6000sq km area 150km north of Mount Isa in the area around Kamilaroi. The work is being carried out as part of… This content is for iQ Industry Queensland, iQ Coal, iQ Civi...

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Jun 18, 2021
GBM Mount Morgan project to change hands

GBM Mount Morgan project to change hands

GBM Resources is moving to sell its Mount Morgan gold-copper project as a ‘non-core asset’, while it continues its focus on its flagship Drummond Basin gold hub. It has reached an agreement which would see it vend the 930sq km parcel of Mount Morgan tenements into TSXV-listed company Smartset Services in exchange for 20,079,545 shares… This content is for iQ Industry Queensland,...

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Jun 18, 2021
‘Encouraging start’ in Sunshine Gold campaign

‘Encouraging start’ in Sunshine Gold campaign

Soil survey assay results have started rolling in for Sunshine Gold’s Dreghorn prospect, near Ravenswood, and the news is good. The company has reported ‘extremely anomalous’ gold in soil assays including 1.82 g/t gold at its Queenslander target, 1.42 g/t gold and 1.30 g/t gold, near Albion target. Dreghorn prospect is part of the Ravenswood… This content is for iQ Industr...

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