Explorers welcome boost for wide-ranging projects

The wider scope and boosted budget of the latest Queensland Collaborative Exploration Initiative funding round has been welcomed by the Association of Mining and Exploration Companies. “24 companies with 25 projects and almost $4 million in funding is a great boost for the industry and will make a significant impact to Queensland’s economic recovery from COVID,” AMEC Queensland manager Kate Dickson said. “The increase in funding for this round, as well as opening up the eligibility criteria for the location of the projects, has huge benefits for jobs and economic growth opportunities regional communities." AMEC Queensland manager Kate Dickson. Ms Dickson said the diverse range of exploration tools proposed for the funded projects would also have flow-on benefits for others looking at similar geological/geochemical challenges. "The data from this work is scheduled to be available on the new ‘GSQ Open Data Portal’ in mid-December 2021,” she said. “AMEC looks forward to working with the Queensland Government to tick more items off the COVID Resource Industry Recovery Agenda” Mines Minister Dr Anthony Lynham announced the CEI grant recipients this week, saying the explorers would focus on the new economy minerals the world needed for advanced electronics and renewable technologies. The funds have been bolstered by the first instalment of a $10 million-plus booster pack announced last month to supercharge exploration and to drive future resources jobs. Below is the full list of projects sharing almost $4 million under round four of the Collaborative Exploration Initiative. North Queensland $170,000 to Lynd Resources to undertake deep drilling to look for silver, tin and other tech metals north of Georgetown.$150,000 to Dover Castle Metals to look for silver, lead and zinc and potentially one of the highest grades of indium in Australia using diamond drilling techniques on land approximately 150km west of Cairns.$190,000 to Red River Resources to undertake low-impact magnetic surveys using drones on land approximately 100km south west of Cairns to look for silver, lead, zinc and indium deposits. North-West Queensland $72,000 to Oakland Gold to undertake further drill exploration to find gold deposits in an underexplored area around 150km east of Karumba$200,000 to Red Metal to use magnetotelluric survey equipment to undertake detailed mapping of some known zinc, lead and silver deposits in and around the old Century Mine near Lawn Hill.$140,000 to Sector Projects to use diamond drilling technology to look for deep and high-quality deposits of copper and zinc in an area approximately 200km north of Mount Isa.$180,000 to Century Mining to contribute to its magnetotelluric survey in and around the old Century Mine near Lawn Hill to help define more zinc, lead and silver deposits to potentially fast track to production by utilising existing mine and supply chain infrastructure.$180,000 to Mount Cuthbert Resources to re-analyse historical surface samples for new economy minerals in an area approximately 100km north-east of Mount Isa.$325,000 in total to Teck Australia for 2 projects:exploring for lead, zinc and silver in Riversleigh siltstone 200km north-west of Mount Isaexplore and potentially re-invigorate an area approximately 200km south of Mount Isa for copper and zinc$190,000 to Red Fox Resources to use diamond drilling equipment to test an area known as the Gipsy Creek Copper-Gold Project in North West Queensland.$200,000 to Capricorn Copper to use gravity gradiometry techniques to survey an area approximately 100km north of Mount Isa in the hunt for copper, cobalt, lead, zinc and silver.$200,000 to Minotaur Operations to employ electromagnetic survey techniques to search for large base metal and gold deposits near McKinlay in the state's north-west.$200,000 to Aeon Walford Creek to explore for deep iron oxide, copper and gold (IOCG) in an area approximately 100km west of Mount Isa.$200,000 to Vendetta Mining Corp to undertake deep drilling to look for zinc, silver and lead south of Cloncurry.$200,000 to Mawson Queensland to undertake deep drilling targeting base metals and new economy minerals near the world-class Cannington mine.$200,000 to Chinova Resources to undertake one of the nation's largest regional electromagnetic surveys of a known and relatively underexplored tech metal area approximately 250km south-east of Mount Isa near the Osborne mine.$199,000 to Anglo American to use new core scanning and geochemistry techniques to analyse core samples from the Diamantina region from mineral exploration dating back to the 2000s, approximately 150km north of Bedourie. Central Queensland $59,000 to Mt Coolon Gold Mines to to undertake extensive 3DIP survey over a silver and gold prospective corridor adjacent to the Mt Coolon Gold mine inland from Mackay.$120,000 to Ten Sixty Four to help undertake some deep drilling to look for gold deposits in its Monteagle Drilling Project north-west of Emerald. The deposits, if proven, could tap into the well-established supply chain in the Bowen Basin.$175,000 to Longreach No.1 to complete high resolution magnetic and radiometric surveys over a 400km2 area just west of Longreach. The junior explorer will use this data to look for porphyry and epithermal copper and gold.$40,000 to North X to work with CSIRO to undertake a mineral classification study of rare earth element mineralisation in the Peaks Range Volcanics, 75km north of Emerald. The study has potential to accelerate Queensland as a major rare earth producer. Wide Bay region $86,000 to Metal Bank to undertake drilling in the Wide Bay area to further explore several known targets of copper, silver, molybdenum (used to make steel alloys in engine parts), silver, lead, tellurium (a metal used to improve the strength of lead, copper and stainless steel) and zinc.$85,000 to Auburn Resources to help undertake an electromagnetic survey to undertake a non-invasive search to potentially open up a parcel of land in the Wide Bay area inland from Bundaberg seeking nickel, cobalt and copper. South-west Queensland $200,000 to Earth Ray Exploration to search an area in south-west Queensland west of Cunnamulla near the Queensland and New South Wales border.

Explorers welcome boost for wide-ranging projects

Industry Queensland

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