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Isa-Carpentaria

Jan 11, 2021
Castillo builds confidence in Big One deposit

Castillo builds confidence in Big One deposit

Castillo Copper has released what it describes as ‘game changing’ assay results confirming a major copper discovery at Big One deposit. The latest results significantly extend known mineralisation and clearly confirm there is a high-grade, shallow scalable copper system at the North West Queensland site, the company says. It is accelerating development plans for the deposit, wit...

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Jan 04, 2021
What next for Queensland Mining?

What next for Queensland Mining?

The Department of Resources’ Geological Survey of Queensland (GSQ) held a two-day workshop at Mount Isa’s Ibis Hotel last month. The workshop outlined the results of a huge investment in data collection and what it could mean for industry by way of minimising the risk in investing in new mineral developments. The data could be leveraged for return thousands of times as working projects,...

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Dec 10, 2020
Hammer launches fresh North-West drilling program

Hammer launches fresh North-West drilling program

Hammer Metals is carrying out a 2200m reverse circulation drilling program in the Mount Isa region from this week for the JOGMEC joint venture. Ten holes are planned including follow-up drilling at the Shadow and Toby prospects testing zones of strong magnetic and electromagnetic anomalism. Initial drilling is planned at previously untested zones at Even Steven South,Trafalgar, Charlie, Alp...

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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 24, 2020
Copper Mountain cashed up to advance Eva project

Copper Mountain cashed up to advance Eva project

Copper Mountain Mining has earmarked almost $5 million to advance the Eva copper project in North West Queensland after a share offering. The company – which owns the Copper Mountain Mine in British Columbia – has entered an agreement in which Industrial Alliance Securities will buy $C15 million (around $AU15.7 million) worth of shares. Copper Mountain Mining said it planned ...

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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 04, 2020
Promising signs in Beauchamp drill campaign

Promising signs in Beauchamp drill campaign

Aeon Metals has reported significant alteration and copper mineralisation being observed in its first diamond drill hole at the Beauchamp Iron-Oxide-Copper-Gold (IOCG) target. The target, about 100km west of Mount Isa, is described as having clear similarities with the geophysical signatures of a number of world-class IOCG deposits including Olympic Dam, Ernest Henry and Carrapateena. Aeon...

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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. In its quarterly update Ausmex sa...

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Oct 30, 2020
Spotlight on Queensland’s critical minerals might

Spotlight on Queensland’s critical minerals might

A raft of Queensland projects targeting critical minerals such as vanadium, graphite and cobalt are being promoted in an Association of Mining and Exploration Companies initiative. AMEC has compiled an investment opportunities document to pique investor and company interests in the critical minerals sector domestically and internationally. The document contains project information for a ra...

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