Isa-Carpentaria

Oct 20, 2020
Aeon explores new Mount Isa region targets

Aeon explores new Mount Isa region targets

Aeon Metals has started drilling at the Beauchamp target, about 100km west of Mount Isa. The company attracted a $200,000 Collaborative Exploration Initiative grant for the work and says Beauchamp has clear similarities with the geophysical signatures of a number of world-class Iron-Oxide-Copper-Gold (IOCG) deposits, including Ernest Henry. A diamond drill hole (with an RC collar) is underw...

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Oct 12, 2020
New model may hold key to  exploration breakthroughs

New model may hold key to exploration breakthroughs

A geological paradigm shift is in the air as a company focused on new economy metals in North West Queensland is pioneering a new mineral system model (MSM) for the Cloncurry Belt. This new insight is transforming previously overlooked tenements into fertile discovery opportunities, according to Transition Resources founder David Wilson. “The MSM was validated by Transition’s discovery ...

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Sep 25, 2020
More time to tweak Walford Creek cobalt process

More time to tweak Walford Creek cobalt process

Aeon Metals has stretched out the timing for its Walford Creek pre-feasibility study to allow further work focused on cobalt extraction. The company said metallurgical and process workstreams were now welladvanced in the PFS for the North-West Queensland copper-cobalt project. The front-end flowsheet design to produce copper, zinc and lead concentrates has proceeded well and is nearing comp...

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Sep 24, 2020
Cashed up Minotaur plans northern field work

Cashed up Minotaur plans northern field work

Minotaur Exploration has raised more than $2 million towards projects including its new Pyramid gold asset in North Queensland. It had targeted $1 million in a share purchase plan that closed last week, but received applications of $3.4 million. The company said it acknowledged the strong expression of support by electing to increase the SPP size to $2.1 million. “This is a very gratif...

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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 review highlights the latent opportunit...

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Sep 23, 2020
Government lifeline secures copper future

Government lifeline secures copper future

Glencore will continue to run its copper smelter in Mount Isa and refinery in Townsville beyond 2022 after reaching an agreement with the State Government. The company announced today that it would receive a one-off incentive from the State Government and also planned to invest more than $500 million for the continued operation of the plants. The incentive, offered under the Queensland Gove...

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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 plus 1 per cent royalties. The XXXX Gold assets also inclu...

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Sep 14, 2020
Austral eyes new avenues for Lady Annie future

Austral eyes new avenues for Lady Annie future

Lady Annie owners Austral Resources have their eye to the future with work underway to potentially exploit the operation’s large sulphide ore resource. It comes on top of a new copper mining operation due to commence at their Anthill deposit and planned exploration work in the region.  “We have a further 10-year potential with sulphide resources which we are currently exploring...

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Sep 11, 2020
Anthill copper mine set to come online in early 2021

Anthill copper mine set to come online in early 2021

Privately-owned Australian company Austral Resources aims to kick off mining at its Anthill copper deposit north of Mount Isa in early 2021, after purchasing it from Chinese-owned CST Minerals last year. The project is set to deliver a real boost to the local employment market and inject much-needed funds into the economy, the new owners say.  Managing director Shane O’Connell said t...

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