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Exploration

Dec 03, 2020
Rockfire turns attention to large tonnage copper target

Rockfire turns attention to large tonnage copper target

Rockfire Resources has started a helicopter-supported aeromagnetic survey at its Copperhead porphyry copper deposit in Central Queensland. It follows a recent drilling campaign at the company’s Plateau gold project, within the Lighthouse tenement area about 50km south-east of Charters Towers. Rockfire described Copperhead as having a 2km by 3km copper-in-soil anomaly, providing a very...

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Dec 01, 2020
Budget backs hunt for ‘new economy’ minerals

Budget backs hunt for ‘new economy’ minerals

Queensland’s 2020-21 Budget is set to deliver more than $29 million in exploration grants, initiatives and COVID-19 support for the mining sector over the next few years.   Resources Minister Scott Stewart said the budget boost for exploration would help drive future resource projects and the thousands of jobs that would flow from them. “This year’s budget will invest $9 million to he...

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Nov 24, 2020
Rare earths in the spotlight as study probes copper-gold links

Rare earths in the spotlight as study probes copper-gold links

The Mount Isa region is well positioned to ride the surge in rare earth interest, hosting both light and heavy rare earths associated with different types of mineralisation common to the area, a researcher says. PhD student Ross Chandler is part of a team investigating why some copper-gold deposits in Mount Isa Inlier host rare earths while others do not in an Australian National University an...

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Nov 17, 2020
Minotaur keen to start work at new tenements

Minotaur keen to start work at new tenements

Minotaur Exploration has completed its due diligence and will proceed to acquire the Pyramid gold project in North Queensland from Avira Resources. Minotaur said it was attracted to the tenement group by the very credible drilling history and an extensive geochemical database, positioning Pyramid as a compilation of advanced gold exploration prospects. West Pyramid Range offered significan...

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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 describ...

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Nov 13, 2020
‘Consistent results’ in Horn Island extension drilling

‘Consistent results’ in Horn Island extension drilling

Alice Queen has released the gold assay results from its recent resource extension drilling to the Horn Island Inferred Resource, at Horn Island in the Torres Strait. Six diamond drill holes were completed to test an approximate strike length of 230m, with all returning zones of gold mineralisation (>0.5g/t gold). “It is very encouraging that our recent drilling to test the extensions to...

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Nov 12, 2020
Red River releases Orient exploration results

Red River releases Orient exploration results

Red River Resources says it has defined an extensive high-grade silver-indium system at its Orient project near Herberton. The company recently collected 44 samples from Orient West and 37 samples from Orient East. Sampling at Orient West returned an average grade of 357 g/t gold, 241 g/t indium, 8.2 per cent lead and 5.8 per cent zinc, with peak assays of 1730 g/t gold, 1,289 g/t indium, ...

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Nov 09, 2020
Croydon project reveals indium potential

Croydon project reveals indium potential

A fresh look at samples from Crater Gold Mining’s Croydon polymetallic project in North-West Queensland has revealed high levels of the critical mineral indium. The company has released results showing very high indium assaysup to 190.0 ppm. These were obtained from the re-assay of six selected intervals fromthree drill holes drilled in 2006/07 at ‘Anomaly A2’ at the polym...

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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 drilling has clearly demonstrated the r...

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