QMines has agreed to acquire two freehold properties for $2.39m to secure access to the Botos copper-gold deposit in Queensland. This acquisition enables a modern drilling program to validate high-grade historical intercepts and assess the potential for a maiden resource to feed the nearby Mt Chalmers processing hub.
Triple Flag Precious Metals Corp. has entered into an agreement to acquire a gold stream on the Ravenswood Gold Mine in Queensland, Australia, for US$440 million upfront. The transaction provides immediate cash flow and increases the company's 2030 gold equivalent ounce outlook. The Ravenswood Mine is a large-scale operation with significant proven and probable reserves.
Essex Minerals announced high-grade gold and silver drill results from its initial six-hole program at the Drummer Fault gold project in north Queensland, Australia. Key intercepts include 3m grading 5.1 g/t Au and 51.2 g/t Ag in DH2, and 7m at 1.74 g/t Au and 67.7 g/t Ag in DH6. The drilling successfully extended gold mineralization below previously mined shallow oxide zones, demonstrating the project's depth potential and polymetallic nature.
Essex Minerals Inc. has completed an initial six-hole diamond and RC drilling program at the Drummer Fault gold project in North Queensland, Australia. The program targeted mineralization below the 15m oxide zone, but assay results are currently pending.
Essex Minerals Inc. announced high-grade gold and silver rock sample results, including up to 14.45 g/t gold, from its Mt. Turner Gold Project in North Queensland, Australia. The company also highlighted significant historical shallow drill intercepts, with the Drummer Fault mineralization now traced for over 19 kilometers. Drill pads are being prepared to test deeper sulphide mineralization below the existing oxide pits, building on the potential indicated by both new surface samples and historical data.
Essex Minerals Inc. is commencing a six-hole, 800-meter drill program at its Mt Turner Gold Project in north Queensland, Australia, targeting extensions of historical gold-silver mineralization. The company also announced the acquisition of KNX Resources Ltd, consolidating 100% ownership of Mt Turner and 83% of other gold projects. Additionally, shareholders approved a special dividend to spin out Optegra Capital Corp, a new streaming and royalty company focused on renewable energy and battery materials.
