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Tag: lead

Ballymore’s Torpy’s drilling lifts silver-lead grades closer to surface

Written by Industry Queensland on . Posted in All News, Critical minerals, Exploration.

Ballymore Resources (ASX: BMR) said the first two holes of a new drilling campaign at its Torpy's discovery near Chillagoe had extended mineralisation closer to surface.

The North Queensland explorer intersected broad zones of massive to semi-massive sulphide, carrying silver, lead, zinc and indium, in both holes.

Main image: drilling at Ballymore's Torpy's discovery

Hole BTPRC010 returned 14 metres at 76.6 grams a tonne silver, 3.43 per cent lead and 2.32 per cent zinc from 76 metres.

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Maronan invites analysts to get their boots on the ground

Written by Industry Queensland on . Posted in All News, Events.

Mining development proponents may age, but the steely determination in their eye is renewed every day.

It is the look borne of a thousand disappointments — cyclones, floods, drought, the endless fight for investor confidence. It survives constant flights, a strict regulator’s eye, and the pull of hearth and home, among a hundred other demands.

It is all filtered through a lens of self-belief.

Main image: Maronan drill core with bonanza-grade silver

Until one day it is reflected back — a light of recognition from someone with the experience and imagination to back the dream. . .

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Maronan Metals - maiden drill program at Maronan

Common-user facility encourages juniors

Written by dev on . Posted in All News, Copper, Exploration, Processing / Manufacturing.

Common-user infrastructure is firming up as a preferred option for junior miners wanting to bring their projects into operation in North-West Queensland.

Maronan Metals has a silver-lead-copper project 65km from Cloncurry.

The company has a $50 million market capitalisation, which falls short of where it needs to be to develop the mine.

Main image: Drilling at Maronan

That amount was in the ‘couple of hundred million dollars range’, which was a capital hurdle, exploration manager Andrew Barker said.

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Flinders Highway expected to be cut

Written by dev on . Posted in Copper, Gold, Processing / Manufacturing.

Authorities are preparing for floodwaters to cut the Flinders Highway between Julia Creek and Cloncurry.

The remnants of tropical cyclone Kirrily have been sitting south of the towns and flooding has cut off regional mines including Cannington and Eloise, which have around 1200 staff between them. Operations have been scaled back. Aerodromes on the sites are functional.

The system was sitting over the south-east of Cloncurry Shire and the southern section of neighbouring McKinlay Shire, Cloncurry Mayor Greg Campbell said.

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Stacks of Isa history in lead smelter milestone

Written by dev on . Posted in All News, Copper, Processing / Manufacturing.

Glencore has delved into the archives to celebrate Mount Isa Mines' history as it marks the 90-year anniversary of the commissioning of the lead smelter.

It is a mighty milestone for the mining city, with a skyline marked by the towering presence of the operation's current lead stack, standing at 270m.

When Mount Isa Mines was formed in 1924, with no processing plants in Queensland, ore was sent the enormous distance to either Port Pirie or Newcastle for processing.

For the company to be profitable, given the huge expense that came with handling, brokerage, freight and processing, the. . .

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Location of the Silver King Deposit with historical workings

New Century continues Silver King push as results shine

Written by dev on . Posted in All News, Exploration.

New Century Resources is extending its drilling program at Silver King after high-grade results including 'exceptional' silver assays of up to 1005g/t.

The company is weighing up the near-term development of Silver King and the East Fault Block into mining operations within its Century project in North-West Queensland, and is targeting a final investment decision in early FY22.

Assays from the latest 12 holes of the 30-hole resource definition program at Silver King delivered the strongest results to date, the company said.

They included an intercept of 1.9m at 65.7 per cent lead. . .

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Hi-ho Silver! New Century drilling yields ‘stunning’ results

Written by dev on . Posted in All News, Exploration, Processing / Manufacturing.

New Century Resources has announced 'stunning' high-grade assays from the first seven holes of a 30-hole drilling program at the Silver King deposit within its Century mining lease.

They include an intersection of 9.5m grading at 45.5 per cent lead, 4.1 per cent zinc and 425g/t silver from 174.4m.

New Century sees Silver King shaping up as a new mining operation for the site in the near. . .

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Cannington production on an upward trajectory

Written by dev on . Posted in All News.

South32 has lifted its production forecasts for Cannington this financial year as underground mining hits higher grades and the mill continues to perform well.

The guidance has lifted 10 per cent for payable zinc equivalent production in 2020/21, taking the expected output to 11.8Moz silver, 113.9kt for lead and 60.7kt for zinc.

The North-West Queensland site lifted its payable zinc equivalent production by 9 per cent in 2019/20.

Planned higher zinc grades more than offset lower silver and lead grades, and the operation drew down run of mine stocks to a normalised levelfollowing the. . .

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Armour sheds lead/zinc assets to focus on oil and gas

Written by dev on . Posted in All News, Copper, Energy, Exploration, Gold.

Armour Energy is selling its Ripple Resources portfolio in Northern Australia to unlisted company Auburn Resources.

Ripple currently holds a number of mineral exploration tenements in Queensland and the Northern Territory considered to be prospective for lead and/or zinc.

It includes underexplored land lying between major discoveries at Century and Walford Creek, and the Victoria River Downs prospect in the Northern Territory.  The assets will be transferred in consideration for the issue of 5,600,000 fully-paid ordinary Auburn shares, giving Armour a 12.5 per cent stake in Auburn.Auburn, 44 per cent owned by. . .

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