Latest Queensland News

Lithium Energy Limited has completed the first tranche acquisition of a majority interest in the Capricorn Gold-Copper Belt Project, unlocking access to a historically rich gold-copper region in central Queensland. The company is poised to deploy modern exploration techniques backed by government funding to advance the project.

Iris Cairns Property Pty Ltd has agreed to acquire Reef Casino Trust in a $177 million cash takeover bid, endorsed unanimously by the Reef Casino Trust board and its largest unitholders.

Sunshine Metals has completed resource infill drilling at its Plateau gold-silver prospect and reconnaissance drilling at the Salla gold-copper-zinc prospect, delivering results that support an upcoming resource update and further exploration.

Aerometrex has landed a significant $1.08 million contract to provide LiDAR and aerial imagery services for Shell’s QGC assets in Queensland, marking a key milestone in its multinational client engagements.

Pacgold has identified a compelling IP chargeability anomaly coincident with a magnetic bullseye at its White Lion Prospect, echoing signatures seen at the Mt Leyshon gold deposit. Drilling is planned for Q4 2025 following heritage clearances.

Zenith Minerals has successfully raised A$3.5 million through a fully underwritten rights issue, positioning the company to fast-track exploration and resource growth at its key gold projects in Western Australia and Queensland.

Iltani Resources has reported updated diamond drilling results confirming high-grade silver-indium mineralisation at its Orient West project, setting the stage for a JORC-compliant resource estimate by July 2025.

Native Mineral Resources has raised A$10 million through a share placement to fund the ramp-up of gold production at its Blackjack plant in Queensland, following its first gold pour ahead of schedule.

Sunshine Metals has launched fieldwork and plans drilling at its Sybil gold project in Queensland, revealing promising geological signs and historic high-grade samples that hint at significant gold potential.

QMines Limited has announced a 16% increase in the gold resource at its Mount Mackenzie project, now totaling 151,000 ounces of gold and 902,000 ounces of silver. This upgrade strengthens the company’s regional production strategy and highlights potential for further resource growth.

Carnaby Resources has reported significant drill assay results from its Trekelano and Mount Hope North prospects, reinforcing the potential of its Greater Duchess Copper Gold Project in Queensland.

Ballymore Resources has doubled the strike length of its Dittmer gold corridor to 4km, uncovering significant high-grade gold anomalies in previously unexplored areas south of the historic mine.