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 pits. Gold was confirmed in ...
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 Resources was securing its Drummond Basin domina...
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 described the new Dinner Creek lode as...
Mineral exploration expenditure lifted significantly in Queensland last financial year, the Association of Mining and Exploration Companies says. But AMEC has raised concerns about the impact of tight border restrictions on more recent activity in the state. The total exploration spend in Queensland (other than petroleum) hit $403.4 million in 2019/20 compared to $313.4 million the previous...
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 suppo...
A cold war of ideas centred on the possible origins of one of the world’s richest base metals deposits is entering into its fourth decade with fresh troops carrying the standard into battle. The point of contention is simple enough. How did the Mount Isa deposit form? At issue are the assumptions drawn to mine its riches and discover the next deposit. There was abundant evidence to ch...
North Queensland gold developer Great Northern Minerals has raised $1.6 million through a share placement to accelerate its exploration push. The company is focused on the Golden Ant group of projects that it acquired in August 2019, which includes the former Big Rush, Camel Creek and Golden Cup gold mines. It said this week it was extending its current drilling program at Big Rush, south o...
Castillo Copper has selected Depco Drilling as the lead contractor for the upcoming reverse cycle and diamond drill campaigns at the Big One deposit and Arya prospect within the Mount Oxide project. Castillo said the drilling company had agreed to accept a material proportion of their fees in shares, with a six-month voluntary escrow period. “This is an excellent result, as we now have an ...
A Brisbane-based drilling company head is calling for greater flexibility in Queensland quarantine rules as workers face growing mental stress and the window for completing northern exploration programs draws nearer to closing. DDH1 Drilling general manager – east Russell Chard believes his crew members present a very low risk of spreading COVID-19 as they are predominantly travelling between ...
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