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Exploration

Apr 23, 2021
Hammer builds war chest to advance copper-gold finds

Hammer builds war chest to advance copper-gold finds

Hammer Metals is pulling together a $6 million war chest to back an aggressive Mount Isa region copper exploration program following its Trafalgar discovery. The company has received firm commitments to raise $5 million under a share placement and will also launch a share purchase plan to existing shareholders to raise up to $1 million… ...

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Apr 22, 2021
More gold revealed as Aeris cracks on at Cracow

More gold revealed as Aeris cracks on at Cracow

Cracow gold mine owner Aeris Resources has announced a 324 per cent increase in gold ounces at the site’s combined Klondyke and Royal deposits. The company is now working to schedule the upgraded deposits into Cracow’s life of mine plan. “We have always been confident that there is more gold to be found at Cracow,… ...

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Apr 22, 2021
QX Resources kicks off Lucky Break drilling

QX Resources kicks off Lucky Break drilling

QX Resources has started a 1500m reverse circulation (RC) drill program at its Lucky Break gold project in Queensland’s Drummond Basin. Non-executive director Roger Jackson said the drilling followed extensive planning and detailed analysis of historical data over many months. The first-pass, high-impact drill program was testing some exciting targets in and around the historical… ...

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Apr 21, 2021
Exploration grants on the table

Exploration grants on the table

Queensland’s mineral explorers are being invited to stake their claim on $2.5 million being offered under the latest round of Collaborative Exploration Initiative grants. State Resources Minister Scott Stewart said CEI funding provided a golden opportunity for Queensland explorers and would help drive the state’s economic recovery from COVID-19. “Investment in exploration today is what… ...

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Apr 20, 2021
Bumper funding for NT exploration

Bumper funding for NT exploration

The Northern Territory Government has announced record funding for mineral exploration to drive mining development and create more jobs. The government will increase its annual funding to Resourcing the Territory from $6.5 million to $9.5 million from July 1, 2022 – with the funding to be ongoing. There are currently 19 mining projects working towards… ...

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Apr 19, 2021
AMEC campaign highlights green gains

AMEC campaign highlights green gains

The Association of Mining and Exploration Companies (AMEC) has launched a community campaign focusing on aspects of the mining and exploration industry that protect and enhance the natural environment. The transformation of the old Kidston mine in North Queensland into a renewable energy hub is among teh stories being highlighted as part of the campaign…. ...

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Apr 19, 2021
GBM kicks off Yandan drilling campaign

GBM kicks off Yandan drilling campaign

GBM Resources has kicked off its diamond and RC drilling program at the Yandan gold project in Queensland’s Drummond Basin. The company has outlined a strategy to rapidly build a resource greater than one million ounces of gold within an 80km radius of the Yandan mining leases to accelerate development of a potential mining operation…. ...

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Apr 17, 2021
New large-scale targets at MaCauley Creek

New large-scale targets at MaCauley Creek

Inca Minerals says it has identified major new porphyry and skarn targets at its MaCauley Creek project, significantly upgrading its exploration potential. It follows an expert review of historical geophysical data, together with geochemistry data (soil and rock chip sampling) collected by Inca and by previous owners of the site, 100km west of Townsville. Among… ...

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Apr 16, 2021
Copper Dome survey reveals positive results

Copper Dome survey reveals positive results

A recent geophysical survey has proven to be good news for Rockfire Resources and its Copper Dome project in Central Queensland. The company said the helicopter survey had returned a much larger target than previously thought at the porphyry copper project. Rockfire Resources said the revised target, based on the new survey information, had increased… ...

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