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gold

Dec 14, 2019
Golden Cup shines for Great Northern Minerals

Golden Cup shines for Great Northern Minerals

Great Northern Minerals this week announced a maiden 30,000oz gold resource at the Golden Cup mine in North Queensland. It is part of the Golden Ant group of projects the Perth-based company acquired in August, which also includes the former Camel Creek and Big Rush gold mines. The JORC interim resource estimate announced this week… ...

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Dec 13, 2019
High-grade gold find in Saxby drilling

High-grade gold find in Saxby drilling

Drilling at the Saxby gold project in North West Queensland has intersected high-grade gold mineralisation. Strategic Energy Resources said its first drill hole at the project intersected 6m at 12g per tonne of gold, including a high-grade zone of 2m at 32g per tonne. It said the mineralisation was encountered at a shallower level than… ...

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Dec 11, 2019
Acquisition may build Mount Coolon momentum

Acquisition may build Mount Coolon momentum

Mount Coolon gold project proponent GBM Resources is advancing a share placement campaign to allow the acquisition of Millstream Resources. GBM says the move has the potential to support its working capital requirements and the ongoing development of the Mount Coolon project in Central Queensland. Millstream, a subsidiary of Stibium, stands to earn a 50… ...

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Dec 06, 2019
New owners get drilling at NQ gold projects

New owners get drilling at NQ gold projects

Reverse circulation drilling has kicked off at Great Northern Minerals’ Big Rush gold project, 200km west of Townsville. The 1000m program is designed to back up historic results and help build a JORC resource for the project. It will focus on the central pit area at Big Rush, the largest former producing gold mines among… ...

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Dec 05, 2019
Study highlights Mount Mackenzie gold mine potential

Study highlights Mount Mackenzie gold mine potential

A scoping study shows a strong case for the development of an open-cut gold mine at Mount Mackenzie in Central Queensland, Resources and Energy Group says. The company was granted a mineral development licence last month for the entire Mount Mackenzie mineral resource and all land required for the project’s development. Resources and Energy Group… ...

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Nov 30, 2019
Little Duke adds to big gold picture for Ausmex

Little Duke adds to big gold picture for Ausmex

Drill results from Little Duke are firming up Ausmex’s theory on a significant IOCG-style gold, copper and cobalt system under its Cloncurry region tenements. ...

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Nov 28, 2019
Impact pulls out of Clermont gold project

Impact pulls out of Clermont gold project

Impact Minerals has pulled out of the Blackridge gold project north of Clermont, only a month after announcing plans for trial mining. Managing director Michael Jones said the move followed extended discussions regarding a renegotiation of the option agreement that Impact Minerals had with Rock Solid Holdings over key Mining Lease applications at the project… ...

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Nov 26, 2019
Laneway pursues second phase of mining at Agate Creek

Laneway pursues second phase of mining at Agate Creek

New drilling results are pointing to the potential for Laneway Resources to launch a further mining campaign at Agate Creek as it looks for quick options to cash in on current high gold prices. About 70,000 tonnes of ore from the Sherwood and Sherwood West gold prospects within that project was processed through the Blackjack… ...

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Nov 07, 2019
8 Mile yields promising gold results for Metal Bank

8 Mile yields promising gold results for Metal Bank

Metal Bank says a large gold system is emerging at its 8 Mile Project, near Queensland’s Mt Rawdon mine. The company has received results from a reverse circulation and diamond drilling program designed to investigate near-surface gold mineralisation and investigate initial targets interpreted in the IP geophysical data. “These early results are exceptional with both… ...

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