Tartana Resources is snapping up a raft of Newcrest Mining tenements as it builds its presence in the Chillagoe area. The company, which is working towards a restart of the former Tartana copper sulphate plant, has negotiated a sale and purchase agreement with Newcrest for the Bulimba project. Tartana says the EPMS cover more than 1250sq km and would place it as one of the more significant ...
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...
Positive drill results are coming in for Castillo Copper’s Big One Deposit. It’s part of the Mount Oxide project located in the Mount Isa copper belt district where a drilling contractor recently completed 20 holes with positive results including six partial assays for visible copper of up to 4.1 percent. The board was preparing to release the complete drill logs and relevant obse...
Recent drilling has increased the mineral resource estimate at the Steam Engine project in North Queensland to 112,000 ounces of gold. A scoping study into potential mining at the site is expected to be released during mid-January 2021 after being set back due to delays in assay results. It comes as project owner Superior Resources highlights expectations of a bull market for gold continuin...
The code that regulates public reporting of Australia’s mineral discoveries and ore available to be mined is under review. An online survey has been launched to gain comment ahead of a planned update in 2021 of the Joint Ore Reserves Committee (JORC) Code – the professional code of practice that sets minimum standards for public reporting of minerals exploration results, resources ...
Bowen Coking Coal has mobilised a drilling team to conduct a coal quality and groundwater monitoring campaign at its Broadmeadow East project, near Moranbah. The company completed acquisition of the coking coal project from Peabody Energy in September for $1 million cash plus royalties of up to $1.5 million. It has flagged plans to start mining by the end of 2021, creating up to 200 ongoi...
Sumitomo is taking its backing for the Hillalong coal project in the Bowen Basin to the next level, confirming it will proceed with Phase 2 of a joint venture agreement. This follows a successful Phase 1 exploration program which resulted in a maiden JORC Resource of 43 million tonnes and confirmation that the Bowen Coking Coal project is able to produce a low-ash, high-quality coking coal. ...
Evolution Mining has secured complete ownership of the Crush Creek project after drill results demonstrating its potential to extend the life of the nearby Mount Carlton gold operation. Evolution entered into an earn-in agreement with Basin Gold last year over the Crush Creek project, 30km south-east of the Mount Carlton mining and processing operation. Evolution has now achieved the requi...
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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