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gold

Nov 17, 2020
Explorer hits ‘jackpot’ with gold-rich discovery

Explorer hits ‘jackpot’ with gold-rich discovery

Transition Resources says it has ‘hit the jackpot’ near Cloncurry, identifying a multi-billion-tonne, gold-rich mineral system in its tenements. Recent drilling confirmed the system was capable of hosting high-grade gold and new economy metals such as tungsten, cobalt, and highly sought-after heavy rare earth elements, Transition Resources founder David Wilson said. He described the ne...

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Nov 06, 2020
Steam Engine scoping study expected this month

Steam Engine scoping study expected this month

Superior Resources plans to launch into its Phase 2 drilling program at Steam Engine next week and deliver an initial scoping study for the gold project later this month. The latest batch of assays from the North Queensland project had continued to return robust high-grade intersections, Superior managing director Peter Hwang said. “The Phase 1… ...

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Nov 06, 2020
Drill campaign firms faith in NQ gold project

Drill campaign firms faith in NQ gold project

Recent drilling at the Plateau project in North Queensland has strengthened Rockfire Resources’ belief in the deposit’s potential, says chief executive officer David Price. The company this week announced results from foru additional diamond drill holes from the July to September 2020 drilling campaign at Plateau, which within its Lighthouse tenement area about 50km south-east… ...

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Nov 02, 2020
Ausmex preparing pit for underground mining

Ausmex preparing pit for underground mining

Ausmex Mining Group is continuing a dewatering program at the historical Mount Freda open-cut gold mine as it works towards a planned start to underground mining. Underground operations were expected to commence in early 2021, subject to the completion of resource upgrade work, scoping and cost studies, prefeasibility study and gold price, the company said…. ...

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Oct 27, 2020
Fresh approach for Citigold mining plans

Fresh approach for Citigold mining plans

Citigold says it has selected a site for a new small footprint processing plant to help to remove the bulk of the granite dilution from planned underground gold mining operations. The company is continuing to seek finance to complete underground capital works to restart mining at its Charters Towers gold project, based on an 11… ...

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Oct 26, 2020
Diamond drilling at Big Rush as resource estimate nears

Diamond drilling at Big Rush as resource estimate nears

Great Northern Minerals has launched a diamond drilling campaign at Big Rush, expected to take 10 days to complete. It comes after the company recently flagged potential for a significant gold system at the project, south of Greenvale in North Queensland. The initial diamond drilling is focused underneath the central pit area of the historical… ...

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Oct 23, 2020
Mining starts at Agate Creek

Mining starts at Agate Creek

Blasting at Agate Creek has exposed the the first ore as mining for gold commences on the lease near Forsayth in North Queensland. Sole owner Laneway Resources is anticipating around 9,000oz gold to be mined in two stages from the Sherwood Open Pit in the current campaign.  Mining starts at Agate Creek It plans to mine 43,000 tonnes… ...

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Oct 23, 2020
Minjar Gold brings mental health to the fore

Minjar Gold brings mental health to the fore

Minjar Gold and Eagle Drilling NQ workers joined the Mental Health Week activities. ...

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Oct 19, 2020
GBM continues to build gold assets around Mount Coolon

GBM continues to build gold assets around Mount Coolon

GBM Resources is continuing to build on its Drummond Basin gold strategy by snapping up the Yandan gold project in the same region as its flagship Mount Coolon asset. At the same time it has announced completion of conditional placement to raise $5.4 million. The company has recently highlighted its intention to build a 1… ...

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