Latest Queensland News

True North Copper has reported a significant new high-grade copper-cobalt-silver discovery at its Mt Oxide Project alongside expanded copper-gold-cobalt zones at the Great Australia Mine, underpinning its growth ambitions in Northwest Queensland.

Galilee Energy reported operational cost reductions and a $2.8 million cash balance following a partial capital raise, while progressing a farm-out process for its Denison Trough permit.

Strategic Energy Resources has secured $2 million through a share placement to acquire the Diamantina Copper-Gold Project and advance drilling programs across Queensland. The capital raise signals renewed momentum in the company’s copper-gold exploration strategy.

Superior Resources Limited has expanded its copper exploration strategy to include high-grade copper-gold targets alongside porphyry prospects, while progressing the Steam Engine Gold Project towards early production within two years.

Maronan Metals has significantly upgraded its Maronan deposit resource, doubling indicated silver-lead tonnage and adding near-surface copper-gold resources, setting the stage for imminent economic assessment results and development progress.

QMines Limited reports strong drilling results at Develin Creek and completes Mount Mackenzie acquisition, significantly expanding its resource base and advancing its Mt Chalmers Pre-Feasibility Study.

Alma Metals has bolstered its Briggs Copper JV Project with a $1.06 million capital raise and an updated resource estimate that now includes silver. The company is progressing a scoping study and preparing for significant drilling to unlock further value.

Omega Oil and Gas reports strong appraisal progress at its Canyon Project, highlighting premium light crude oil and multiple stacked pay zones, supported by a robust $15.1 million pro forma cash position.

Critical Minerals Group (CMG) has made significant strides in its vanadium battery energy storage solutions and upstream mine development, supported by a $2.7 million entitlement offer. The company is targeting delivery of vanadium flow battery projects by 2026 amid growing demand for long-duration energy storage in Australia.

Iltani Resources has announced its maiden JORC Mineral Resource Estimate for the Orient West Silver-Indium deposit, revealing a significant 21.6 million tonnes at 100.5 g/t silver equivalent. This milestone confirms the project as Australia's largest known silver-indium resource and sets the stage for further expansion.

Great Divide Mining has taken a decisive step towards becoming a near-term gold producer through a new joint venture with Dart Mining and securing a Queensland government grant for exploration.

Osteopore Limited has posted a record AUD 835K revenue in Q2 CY25, driven by strong APAC sales and new European market access following EU MDR clearance. The company also advances clinical trials and refreshes key distribution channels.