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Exploration

Jun 01, 2021
Exploration, mining and processing briefs

Exploration, mining and processing briefs

Updates on QCoal, MMG, Castillo Copper, Red Fox Resources and more in this week’s exploration, mining and processing briefs. MMG launches share placement Dugald River mine operator MMG has announced a $US300 million ($AU387.5 million) new share placement to strengthen the company’s balance sheet and to step into its next phase of growth. “MMG’s strategy… This content is for iQ Industry Quee...

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May 31, 2021
Canadian research cracks secret of bonanza gold veins

Canadian research cracks secret of bonanza gold veins

Bonanza gold deposits form in a process similar to milk souring, according to researchers from Canada’s McGill University. McGill Department of Earth and Planetary Sciences Professor Anthony Williams-Jones  and PhD student Duncan McLeish set out to understand the rapid formation of rare hyper-enriched gold deposits. Their findings should help mineral exploration companies worldwide...

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May 28, 2021
Aeon starts exploration in new Walford Creek strategy

Aeon starts exploration in new Walford Creek strategy

Aeon Metals has started an exploration program at its flagship Walford Creek copper-cobalt project in North-West Queensland. The targeted expansion of mineral resource estimates is one of the two pillars of Aeon’s strategy to enhance Walford Creek project economics. The second focuses on processing, with the adoption of a bulk sulphide flotation and pressure oxidative… This content is...

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May 27, 2021
Minotaur launches IP survey at Pyramid

Minotaur launches IP survey at Pyramid

Minotaur Exploration has launched its first IP geophysical survey at the Pyramid gold project, 180km south of Townsville, after promising drill results. Sixteen lines of Induced Polarisation (IP) geophysical data will be collected along 3km of the Gettysberg Fault corridor between the Marrakesh and Pradesh prospects. It comes after recent drilling returned intercepts including 33m… This con...

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May 25, 2021
Exploration, mining and processing briefs

Exploration, mining and processing briefs

Updates from Centrex Metals, Zenith Minerals, Ausmex, Aeon Metals, Pure Hydrogen and State Gas in this week’s exploration, mining and processing briefs. Mencel takes the helm at Centrex The company behind the Ardmore phosphate project in North-West Queensland has a new chief executive officer. Robert Mencel is an engineering and mining executive with more than… This content is for iQ Indust...

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May 24, 2021
Winds of change for Hurricane gold tenements

Winds of change for Hurricane gold tenements

New Energy Minerals plans to kick off an exploration campaign as soon as possible after taking on the Hurricane gold and antimony project in Far North Queensland. The company has a conditional agreement to acquire project owner Placer Gold, subject to shareholder approval. It is also about to launch a capital raising of $5 million… This content is for iQ Industry Queensland, iQ Coal, iQ Civ...

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May 23, 2021
Mackay company refocus on manufacturing

Mackay company refocus on manufacturing

Partner provided content M&P Services (Qld) Pty Ltd has announced plans to cease its general transport operations and place all their focus on the Transportable Building (Manufacture, Hire & Sales) division.  With revenue in the transportable building division representing more than 80 per cent of the company turnover, it is no surprise that this would… This content is for iQ I...

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May 21, 2021
BHP opts into $22m farm-in for NT copper project

BHP opts into $22m farm-in for NT copper project

BHP is pushing ahead with a $22 million farm-in agreement for Encounter Resources’ 4500sq km Elliott copper project in the Northern Territory. Encounter managing director Will Robinson said the outcomes of a jointly designed validation program at Elliott had bolstered the potential for the discovery of large sedimentary-hosted copper deposits under shallow cover. “Copper sourced… This...

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May 20, 2021
Greater Duchess drilling starts after strong survey results

Greater Duchess drilling starts after strong survey results

Carnaby Resources has kicked off a 4000m RC drilling program targeting the Mount Birnie and Nil Desperandum prospects and other key copper targets within its Greater Duchess project in North-West Queensland . Managing director Rob Watkins said it followed an extensive Induced Polarisation (IP) geophysical survey, generating numerous chargeability anomalies of high potential. “We are… ...

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