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gold

Jul 19, 2021
GBM seals deal on Twin Hills gold project

GBM seals deal on Twin Hills gold project

GBM Resources is moving further towards its goal of becoming a mid-tier Australian gold company with what it describes as the transformational acquisition of the Twin Hills project in North Queensland. GBM has has signed a binding tenement sale agreement to acquire the project from a subsidiary of Pajingo mine owner Minjar Gold. “This transformational… ...

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Jun 26, 2021
Study shows hidden twist to ‘fool’s gold’

Study shows hidden twist to ‘fool’s gold’

Curtin University research has found tiny amounts of gold can be trapped inside pyrite, commonly known as ‘fool’s gold’, which would make it much more valuable than its name suggests. Lead researcher Dr Denis Fougerouse from Curtin’s School of Earth and Planetary Sciences said this new type of “invisible” gold had not previously been recognised… ...

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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… ...

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Jun 19, 2021
Milling ramps up at NQ gold site

Milling ramps up at NQ gold site

Minjar Gold’s Pajingo operations have returned to full-time milling at the processing plant as production steps up. General manager Dale Oram said the North Queensland gold operation had recruited an extra eight processing operators and two maintenance personnel from Charters Towers and Townsville. The site recently started processing development ore from the new Steph orebody,… ...

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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… ...

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Jun 16, 2021
Golden milestone for new Pajingo mine decline

Golden milestone for new Pajingo mine decline

Minjar Gold’s Pajingo operation has struck gold from a fresh major ore source as it continues to develop a new decline. Development ore is being processed from the Steph orebody, intersected as part of the Lynne project at Pajingo, 50km south of Charters Towers. It is a milestone for the decline  project, which will provide… ...

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Jun 03, 2021
Pajingo tailings storage job an Exact art

Pajingo tailings storage job an Exact art

Exact Civil Construction is running ahead of schedule in a major project to expand the tailings storage facility (TSF) at Pajingo mine as the Minjar Gold operation looks to the future. The contractor refurbished the historic Royal Hotel in Charters Towers to accommodate staff during the construction period, Pajingo gold mine operations general manager Dale… ...

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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… ...

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May 19, 2021
Mount Chalmers yields bonanza grades for new owner

Mount Chalmers yields bonanza grades for new owner

QMines’ maiden diamond drilling program at the former Mount Chalmers mine near Rockhampton has produced ‘outstanding’ high-grade copper and gold results. The recent program delivered bonanza grades including 13.4 per cent copper, 6.11g/t gold and 31g/t silver in a 0.75m intersection from 132.6m downhole, the company said. “Some outstanding results from our maiden diamond drilling...

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