Latest Queensland Mining Projects News

Sunshine Metals has reported its highest-grade gold intersection to date at the Sybil project, delivering 4.4 metres at 57.51 grams per tonne in early drilling results. This breakthrough highlights the prospect’s strong potential, with further assay results expected soon.

GBM Resources has raised nearly A$40 million through a major institutional placement led by its largest shareholder, Wise Walkers Limited, to fund exploration and development in Queensland’s Drummond Basin gold projects.

Alma Metals reports steady progress on deep diamond drilling at the Briggs Copper Project, confirming mineralisation consistent with recent models and nearing completion of a key scoping study.

Antares Metals has identified several high-grade uranium prospects at its Mt Isa North Project, with surface samples reaching nearly 2,000 ppm U3O8 and plans underway for maiden drilling at Queens Gift.

Aeris Resources is advancing exploration at its Golden Plateau deposit with a significant drilling campaign aimed at expanding mineralisation and defining a new Exploration Target. The initiative could extend the life of its Cracow gold operations in Queensland.

Eastern Resources Limited has secured a farm-in agreement to earn up to 80% interest in Queensland’s Marengo Gold Project, a historically rich goldfield with promising high-grade assays and multiple exploration targets.

Savannah Goldfields completes drilling at Big Reef and advances exploration at Electric Light, targeting resource expansion and imminent mining at Georgetown.

QMines Limited has launched a significant 5,000m drilling campaign at its Mount Mackenzie gold and silver project, aiming to unlock substantial resource growth potential following a recent resource upgrade.

AuKing Mining has agreed to acquire 100% of Orion Resources, gaining full ownership of the Cloncurry Gold Project, a move that positions the company for near-term production and significant exploration upside.

Pacgold Limited has initiated its first-ever drilling campaign at the White Lion prospect within the Alice River Gold Project, targeting robust geophysical anomalies that could signal significant gold mineralisation.

QMines Limited reports promising visual sulphide mineralisation in the first diamond tail drill hole at Sulphide City, advancing its Develin Creek copper-zinc project resource upgrade.

Ballymore Resources has reported exceptional high-grade gold intersections at its Dittmer Project, alongside government grants to accelerate exploration and a key mining lease approval recommendation.