QLD explorers hunt for next major discovery
February 4th, 2019
The Queensland Government has unlocked more land for exploration companies to identify the next generation of resources projects.
Mines Minister Anthony Lynham today announced the successful tenderers for minerals and coal tenders in the state’s North West Minerals Province and the Bowen and Surat basins.
Junior explorer Red Metal will be able to explore for zinc, lead, copper and silver deposits across 400 square kilometres of land located 250 kilometres north of Mount Isa.
Four other companies – Denham Coal, Queensland Coal Investments, Enex Togara and Wandoan Holdings – will be able to launch exploration over 369 square kilometres of land in the Bowen and Surat basins.
These areas are near Moranbah, Blackwater and west of Maryborough close to existing mines or mining leases.
Lynham said unlocking land for resource exploration – whether it is to uncover coal, gas or minerals – was vital to continuing resource development, whether it’s for mining jobs or royalties to fund our hospitals and schools. Read more…