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sub-GEO

Jun 03, 2020
Ausmex unveils 1.7Mt resource estimate for gold hub

Ausmex unveils 1.7Mt resource estimate for gold hub

Ausmex has released the global mineral resource estimate for its Mount Freda gold complex near Cloncurry, saying the results back a potential multi-pit mining hub. The estimate stands at 1.7 million tonnes at 2.06 g/t gold, containing 113,000 oz of gold. It covers Ausmex’s Mount Freda site as well as the Falcon, Shamrock, Comstock and… ...

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Jun 02, 2020
Exploration slump fuels calls for more help

Exploration slump fuels calls for more help

New figures have confirmed the significant impact of COVID-19 on Australia’s exploration sector and reinforced the case for government to do more, says the Minerals Council of Australia. Data released by the Australian Bureau of Statistics today showed exploration expenditure at existing mineral deposits decreased by 16 per cent in the March quarter, while investment… ...

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May 28, 2020
Explorer eyes porphyry targets at Edinburgh Park

Explorer eyes porphyry targets at Edinburgh Park

Great Southern Mining is keen to follow up on a host of high priority targets at its Edinburgh Park project, near the Mount Carlton gold mine in North Queensland. It provided an exploration update this week after additional recent interpretation of hyperspectral imagery data obtained from a surveyflown late last year, co-funded by Mount Carlton… ...

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May 27, 2020
Register for critical minerals seminar

Register for critical minerals seminar

Queensland’s potential as a source of critical minerals is being put under the microscope this week. A Geological Survey of Queensland virtual seminar is being led by Professor Rick Valenta from the University of Queensland’s Sustainable Minerals Institute who said the group of minerals were under-explored. “It is now well established that modern economies will… ...

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May 22, 2020
Explorers urged to act promptly to tap JMEI

Explorers urged to act promptly to tap JMEI

The Association of Mining and Exploration Companies (AMEC) is urging its members to get in early for the fourth year of the Junior Minerals Exploration Incentive (JMEI).“The Income Tax Assessment Amendment (Exploration for Minerals) Regulations 2020 has added $5 million in unused exploration credits from the 2017-18 income year to the exploration credits available for… ...

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May 20, 2020
Water samples provide taste of  riches below

Water samples provide taste of riches below

A new ‘water tasting’ approach developed by CSIRO may help mining companies more accurately pinpoint reserves of valuable minerals. Researchers have discovered broad haloes of altered water chemistry around known deposits of gold, uranium, and other minerals where interaction with the ore systems has left distinctive traces in the water. The studies, supported by the… ...

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May 20, 2020
Superior raises cash to back NQ gold project

Superior raises cash to back NQ gold project

Superior Resources has launched a $1.18 million capital raising to back a scoping study for its Steam Engine gold deposit in North Queensland. It comes after an announcement early this month that it had upgraded the mineral resource estimate by about 11 per cent for deposit, which lies within its Greenvale project. The two-tranche placement and… ...

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May 19, 2020
Resource boost for Mount Mackenzie gold project

Resource boost for Mount Mackenzie gold project

Resources and Energy Group has announced a 44 per cent increase in the resource at its Mount Mackenzie gold and silver project in Central Queensland. It now stands at 3.42 million tonnes at a grade of 1.18g/tonne gold and 9g/tonne silver for a total of 129,000oz of gold and 862 ounces of silver. Resources and… ...

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May 15, 2020
Sconi study delivers new nickel and cobalt targets

Sconi study delivers new nickel and cobalt targets

Australian Mines has identified 14 new nickel and cobalt exploration target areas within and adjacent to its Sconi project, near Greenvale in North Queensland. Managing director Benjamin Bell said the company’s primary focus remained on securing binding offtake and financing agreements for Sconi. However the new targets showed there was still a lot that it… ...

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