Latest North Queensland News

Sunshine Metals has reported compelling final assay results from its recent diamond drilling program at the Sybil project, confirming significant high-grade gold mineralisation and paving the way for expanded exploration in early 2026.

Pacgold has completed its maiden drilling at White Lion, intersecting promising gold mineralisation, while extending the Jerry Dodds lode strike to 1.8km, both discoveries supporting further exploration in 2026.

Iltani Resources has reported compelling assay results from its VTEM-targeted drilling at the Orient Silver-Indium Project, revealing multiple thick zones of high-grade silver-lead-zinc-indium mineralisation. These findings validate VTEM as a powerful exploration tool and hint at a significant expansion of the existing resource.

Tartana Minerals has inked a non-binding Letter of Intent with Alt Resources for up to $5 million in non-dilutive financing, structured to align repayments with copper production and prices. This deal aims to optimize existing operations and fund expansion through the Mungana processing plant.

Ballymore Resources’ maiden reverse circulation drilling at the historic Torpy’s Crooked Creek mine reveals significant massive sulphide lead-zinc mineralisation, confirming extensions to the old high-grade silver-lead-zinc workings. Assay results are pending, promising further insights into this emerging Queensland base metals play.

Critical Minerals Group has raised $2 million through a placement to accelerate key development milestones for its Lindfield Vanadium Project and vanadium flow battery supply chain.

Ballymore Resources has kicked off drilling at the Torpy’s Crooked Creek silver-lead-zinc mine near Chillagoe, targeting extensions of a historically rich deposit with promising modern geophysical data.

Savannah Goldfields has resumed gold production at its Georgetown plant, pouring its first doré since early 2024, while preparing to commence mining at Big Reef and expand operations at Agate Creek.

Pacgold Limited reports compelling gold mineralisation from its 2025 drilling program at the Alice River Gold Project, highlighting the newly defined Kapok Prospect as a high-priority target for follow-up exploration.

Aeris Resources has completed an $80 million equity placement and launched a share purchase plan, strengthening its balance sheet and setting ambitious production targets for FY26. The company is also divesting non-core assets to focus on growth and exploration.

Aeris Resources has bolstered its financial position by completing an $80 million placement and repaying $40 million of debt early, setting the stage for growth in FY26.

Tartana Minerals reports a significant new gold resource estimate at Cardross alongside robust copper sulphate sales and strategic board changes, positioning itself as a rising copper-gold producer in Far North Queensland.