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gold

Sep 23, 2020
Hammer reviews gold potential in North West

Hammer reviews gold potential in North West

Hammer Metals is running an eye over the gold exploration potential within its Mount Isa project areas as prices remain strong. The company has focused primarily on exploring for large scale Iron Oxide Copper Gold (IOCG) systems in the region and says there is potential for significant gold mineralisation within its tenure. “The gold exploration… ...

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Sep 21, 2020
Pelican swoops on Qld copper and gold assets

Pelican swoops on Qld copper and gold assets

Pelican Resources has swooped in to snap up exploration company XXXX Gold, which holds a tidy portfolio of copper and gold projects in North and Central Queensland. It comes just a week after settlement on XXXX Gold’s acquisition of the Triumph gold project, 50km south of Gladstone, from Metal Bank for a potential $6.4 million… ...

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Sep 21, 2020
Maas wins mining contract for Agate Creek restart

Maas wins mining contract for Agate Creek restart

Laneway Resources is set to resume gold production from Agate Creek next month, with Maas Group appointed as the mining contractor for the operation. Material from the Sherwood high-grade deposit at Agate Creek will be toll treated at the Lorena gold mine CIL processing plant, about 15km east of Cloncurry. Laneway said it was targeting… ...

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Sep 14, 2020
Positive results flow from Steam Engine drill campaign

Positive results flow from Steam Engine drill campaign

Superior Resources has released the first assay results from a scoping study resource drilling program at its Steam Engine gold project near Greenvale in North Queensland. The first results come from 28 shallow reverse circulation holes, which the company says all returned significant gold mineralisation. “With this initial batch of assays all returning excellent gold… ...

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Sep 09, 2020
Great Northern results continue to glow

Great Northern results continue to glow

Great Northern Minerals has reported high-grade gold results from the final 1m samples from a recent 2516m drilling campaign at its Camel Creek project in North Queensland. The company said no deep drilling had previously been completed at Camel Creek and this program had highlighted the continuity of mineralisation underneath and beyond previously mined shallow… ...

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Sep 09, 2020
Carnaby cashed up for gold  campaigns

Carnaby cashed up for gold campaigns

Carnaby Resources has conducted a $4 million capital raising to ramp up exploration drilling at Tick Hill in North-West Queensland and in the Pilbara region. In the Pilbara region of Western Australia, Carnaby has built up a highly prospective land package in the Mallina Basin north-east of De Grey’s Hemi gold discovery. Funds from the… ...

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Sep 09, 2020
GBM goes hard at Mount Coolon gold project

GBM goes hard at Mount Coolon gold project

GBM Resources has launched a 5000m diamond and RC drilling program at its flagship Mount Coolon gold project in North Queensland. GBM managing director and chief executive officer Peter Rohner described the program as a significant step towards becoming a gold producer in the Drummond Basin. It comes after the announcement last month that GBM… ...

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Sep 03, 2020
New potential gold lode find at Steam Engine

New potential gold lode find at Steam Engine

Rock chip sampling has highlighted the potential of a third lode zone at Superior Resources’ Steam Engine gold project near Greenvale in North Queensland. The samples were taken to follow up historic reports of outcropping mineralisation parallel to the two known lodes and returned results of 7.6g/t and 1.9 g/t gold. Managing director Peter Hwang… ...

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Sep 01, 2020
Gold industry star player in bolstering economy

Gold industry star player in bolstering economy

Queensland owes the gold industry a debt of gratitude. That comes from Eagle Drilling NQ which has developed into one of the largest private businesses in Charters Towers largely on the strength of the precious metal’s consistent performance over the last 10 years. The company has a fleet of 16 surface rigs with logistical support including support truc...

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