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Precious metals

May 13, 2021
An eagle on the wing

An eagle on the wing

Customer supplied editorial A new air charter business is now operating out of Charters Towers. Aquila Air Services has based itself in the gold city because of access to wide tracts of land through three cardinal points. Aquila, being Latin for ‘eagle’, draws on the theme set by sister company Eagle Drilling NQ, also based… ...

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May 13, 2021
Hammer hits Mount Isa tenements with 4000m drill program

Hammer hits Mount Isa tenements with 4000m drill program

Hammer Metals has started a 4000m RC drilling program at North-West Queensland tenements, including its recent Trafalgar copper-gold discovery. “The commencement of drilling in Mount Isa is pleasing and presents Hammer with its first opportunity since the Trafalgar discovery earlier this year to drill Hammer’s 100 per cent-owned prospects which sit along trend and in… ...

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May 12, 2021
Thomson adds Silver Spur to asset base

Thomson adds Silver Spur to asset base

Thomson Resources is acquiring the Silver Spur mine in southern Queensland, building on a regional asset base focused on silver. The company has entered into a binding term sheet to acquire the relevant mining lease from Cuban Partners. It says the $950,000 acquisition will give it 100 per cent control of the Texas Silver base… ...

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May 11, 2021
Roc-Drill enlists strong silent type for gold mine job

Roc-Drill enlists strong silent type for gold mine job

The first two machines in a custom-made fleet of silenced blasthole drills have arrived on site as Roc-Drill carries out open-pit development work at the Ravenswood Gold operations in North Queensland. Roc-Drill chief executive officer Nigel de Veth said the company had been working with manufacturer Epiroc to develop the equipment required for this particular… ...

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May 11, 2021
Rockfire cashed up for new drilling campaigns

Rockfire cashed up for new drilling campaigns

Rockfire Resources has raised more than $1.5 million in a share placement to fund drilling at its Copper Dome and Copperhead projects in Central Queensland, as well as the Plateau gold deposit within its Lighthouse tenement. “A reverse circulation drilling rig is available in Charters Towers and the company plans to mobilise as quickly as possible to… ...

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May 10, 2021
Pitt keen to promote mining careers

Pitt keen to promote mining careers

Young people are missing career opportunities in the resources sector as they are being indoctrinated with the idea there is no future in the industry, according to Federal Resources Minister Keith Pitt. Mr Pitt has told an industry podcast that encouraging young Australians to pursue technical and trade careers in the sector is critical to… ...

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May 06, 2021
CQ copper-gold hopeful makes ASX debut

CQ copper-gold hopeful makes ASX debut

QMines has listed on the Australian Securities Exchange as it continues its drive to revive the Mount Chalmers mine near Rockhampton. The company began trading on the ASX today after an oversubscribed Initial Public Offer (IPO) raised $11.55 million. The funds will back a large exploration and drilling program at Mount Chalmers, which currently has… ...

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Apr 27, 2021
Steam Engine mine stacks up for Superior

Steam Engine mine stacks up for Superior

Superior Resources could be mining gold at Steam Engine, 30km west of Greenvale, within 18 months after positive scoping study results. While an open-pit operation with toll treatment offers a fast track to cash returns for the company, it also has its eye on the potential for a stand-alone processing operation in the area to… ...

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Apr 27, 2021
Exploration campaign on Eva tenements

Exploration campaign on Eva tenements

Copper Mountain Mining has launched an extensive field program aimed at discovering new deposits within the large tenement area around its Eva copper project in North-West Queensland. The company said an exploration team mobilised to Cloncurry in mid-March and would undertake a drill program focused primarily on copper and copper-gold targets. The 2021 exploration program… ...

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