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Queensland gold plays

Gold at more than $5272/oz is spurring activity in the Queensland sector. These are some of the moves across the state in the last couple of weeks …

South African-based Harmony’s dogged drilling efforts at its Eva copper project have lifted the North-West Queensland asset’s mineral resource estimate to include about 1.932Mt of contained copper and 492,000oz of gold.

Related: Gold mining a $50bn business for Australia

Further south where Cape York silica sands developer Diatreme Resources has entered into an agreement to sell its Clermont gold exploration project to unlisted company Moonlight Resources.

Savannah Goldfields is continuing to work towards the resumption of gold production with a share placement to raise $15 million. Savannah holds a portfolio of assets in the Gulf of Carpentaria.

Still in the gulf where QGold is pushing ahead with plans for a North Queensland mine expected to yield up to 100,000 ounces of gold doré per annum. QGold has the Woolgar project north of Richmond.

Down to Central Queensland now where an alluvial channel drilling program commissioned by ECR minerals at the Blue Mountain project, 95km south-west of Gladstone, has intersected multiple flats containing visible gold.

Click here for more than 2,700 stories covering the Queensland gold industry in recent years.

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