Greenvale Mining has extended its Alpha torbanite project with the granting of a 32 sub-block tenement in the surrounding area. The company applied for the area to cover possible extensions ofthe torbanite mineralisation and prevent potential competitors from encroaching. “The granting of EPM 27718 has been a strategic priority for the company and will allow us to extend our exploration pr...
Zenith Minerals has started a follow-up drill program to a depth of 400m at its Red Mountain gold project in Central Queensland. It comes after the company intersected high-grade near-surface gold in the maiden and subsequent drill programs last year. The results last year included 13m grading at 8g/t gold and 3.2g/t silver, and 15m at 3.5g/t gold including 2m grading at 22.4g/t gold. “S...
The Queensland Resources Council is urging businesses supplying the mining sector to have their say in an inquiry into the impact of recent banking and insurance policy changes on export industries. The QRC plans to highlight the impact of ‘anti-resources activism’ on the ability of some businesses to renew insurance policies and their ability to access finance. This will be part of its sub...
Ravenswood Gold is the subject of an AusIMM tech talk to be held in March. The title is ‘Building Queensland’s Largest Gold Mine’. Ravenswood Gold is a private company owned by EMR Capital and SGX listed Golden Energy and Resources Limited. The mine is located approximately 130km south of Townsville and 90km east of Charters Towers. The NQ AusIMM Branch has secured Gen...
by Ross Louthean A leading metals market observer believes copper will outperform in 2021 while gold will have new but still positive dynamics. In his keynote speech to the RIU Explorers Conference in the Western Australian port city of Fremantle, Canaccord Genuity mining analyst Paul Howard said copper had “favourable medium supply-demand fundamentals”. Paul Howard Capricorn Co...
Sunshine Gold has reported shallow, high-grade intercepts of gold from drilling at its Super Hans deposit within the Triumph project, 50km south of Gladstone. The company has drilled more than 4500m of a planned 7500m program at Triumph. Results from RC drilling at Super Hans include 16m at 5.48 g/t gold (including 7m at 10.64 g/t gold from 34m) and a 3m intercept grading at 12.95 g/t gold...
Battery metal vanadium’s potential to contribute to the state economy was mapped out at a Queensland Exploration Council technical forum titled ‘Exploration Initiatives for the Future’, held in Brisbane. Vanadium’s properties as a battery metal lends itself to the development of large-scale storage suitable for wind and solar farms. There are several players in the space in North...
Strong commodity prices are expected to help fuel a continued climb in exploration spending in Queensland, after a 77 per cent rise in the past three years, a peak group says. Queensland Exploration Council chair Kim Wainwright said exploration expenditure in the state had been robust over most of the past 10 years, apart from a drop in 2015-17, but had been on a steep upwards trajectory sinc...
Diatreme Resources has been swamped with calls from further interested solar PV glass manufacturers since announcing plans last week for processing in Townsville, says chief executive officer Neil McIntyre. The company has earmarked Townsville for a beneficiation plant for silica sand from its Galalar project on Cape York. But it is also looking into the feasibility of working with potentia...
e-News Bulletins
