Green and Gold Minerals (ASX:GG1) is boosting its North Queensland minerals footprint with the acquisition of the Burlington silver-copper project in the Herberton district.

Containing several clusters of historical mines, the company describes the tenure as highly sought after – having been recently granted to Burlington Mining (in November 2025) through a competitive process involving seven applicants that spanned six years.

The ground is considered prospective for silver, copper, tin, indium and gold.

The neighbourhood features such projects as Iltani’s Orient project (34Mt at 110g/t AgEq) the historic Vulcan tin mine (180kt mined at 7.6 per cent tin), the Baal Gammon deposit (2.8Mt at 40g/t silver, 1 per cent copper, 38g/t indium, 0.2 per cent tin) and Dover Castle (72Mt at 70g/t AgEq).

Green and Gold said the Herberton Mineral Field project complemented its Chillagoe Gold Project, located 85km away, which includes the Mount Wandoo prospect.

Related: Green and Gold eyes silver lining at Mount Wandoo

“This is a really exciting acquisition that delivers GG1 a much stronger pipeline of exploration prospects
for sought-after commodities,” managing director Quentin Hill said.

“We will look to follow the success of others seeking to define large tonnages of mineralisation in this well-endowed mineral field.

“The tenure contains many underexplored or undrilled historic mining centres, each with potential for a significant deposit.

“Silver and tin are components of solder, essential for electrical connections in computing and renewable
energy.

“Silver and gold are at the confluence of rising industrial demand driven by AI and a flight to
safety.

“AI, electrification, excessive government borrowing and currency debasement appear to be the
megatrends of our era which can likely drive demand for copper, silver, gold, tin and indium for the
foreseeable future.

“The company has a two-prong growth strategy: near-term development of Mount Wandoo’s gold to generate
cash flow and transformational exploration success from our exploration portfolio.

“This acquisition provides a really exciting boost to our chances of exploration success in sought after commodities. We are excited about getting boots on the ground in the near future.”

The 88sq km Burlington project consists of EPM27232 and EPM27229. It is being purchased for $450,000 in shares.

Highlight results from 41 shallow historic drill holes across four prospect areas include:

• 8m at 39g/t silver, 2.58 per cent copper, 0.32 per cent tin from 15m (Siberia) (gold, indium not assayed)
• 3m at 77g/t silver, 0.72 per cent copper, 4.7 per cent zinc, 2.3 per cent lead, 0.68 per cent tin from 20m (Siberia) (gold, indium not assayed)
• 1m at 10.3 per cent tin (Siberia) (gold, indium not assayed)
• 4m at 6.6g/t gold from 25m (Elizabeth Bluffs) (indium not assayed)
• 3m at 46g/t silver, 1.9 per cent copper, 0.5 per cent zinc, 0.45 per cent tin from 22m (Mt Gossan) (gold, indium not assayed)
• 3m at 62g/t silver, 0.9 per cent copper, 0.9 per cent lead/zinc from 127.5m (Consolidated) (indium, tin not assayed)

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