A trio of Queensland mineral explorers on show
A crowd of 60 keen investors and industry reps converged in Brisbane on Thursday to hear from a select trio of local resource companies exploring for high-demand minerals, including vanadium, gold, lead- zinc-silver, copper-gold and high-purity alumina, essential to build and power future technologies.
Queensland Exploration Council (QEC) Chair Kim Wainwright said QEC’s goal is supporting explorers on their pathway to production and was excited to be showcasing a diverse range of companies that share the common goal of further developing Queensland’s burgeoning critical minerals industry.
Presenting at the QEC Investment Showcase event, Critical Minerals Group Managing Director Scott Drelincourt said the company is meeting the growing demand for minerals critical to ensuring a carbon neutral future.
“Critical Minerals Group (CMG) was founded on our outlook for a global shift to decarbonisation and electrification, which is firmly underpinned by our ESG principles,” Mr Drelincourt said.
“The rising standard of living of a growing global population means the world will need to find a way to meet this growing demand for minerals such as vanadium for batteries and high-purity alumina for smartphone components.
“Critical Minerals Group is well-positioned to meet this new economy mineral demand as the world turns towards a more renewable future.
“Critical Minerals Group (CMG) flagship Lindfield project has 210Mt @ 0.39% V2O5 inferred JORC resource starting from surface, with existing infrastructure of road, rail and power intersecting the project,” Mr Drelincourt said.
Presenting on the night, Far East Gold Chairman Paul Walker said the company boasted a portfolio of six advanced copper and gold projects in Australia and also Indonesia.
“Far East Gold’s Hill 212 Gold Project is highly prospective with epithermal quartz vein structure over 6,000m in length with up to 5 repeating structures in a high case scenario,” Mr Walker said.
“Far East Gold’s (FEG) vision is to create opportunities that enhance living standards and deliver sustainable benefits in a responsible, safe, and efficient manner.
“For our Blue Grass Creek project, the Independent Geologist Report into FEG’s tenements noted mineralisation currently interpreted to be similar to that of Hill 212… with characteristics similar to other deposits in the Drummond Basin, such as Pajingo, Cracow and Yandan,” Mr Walker said.
Also presenting at the event, Superior Resources Managing Director Peter Hwang said the company had just commenced its most anticipated and exciting drilling program at its Bottletree Copper Prospect in north-west Queensland, targeting what is interpreted to be core zones of multiple copper-gold-molybdenum porphyry intrusions.
“We have an exciting few months ahead, having already reported numerous ground-breaking findings at Bottletree, including drill hole intersections of very extensive porphyry-style copper-gold mineralisation,” he said.
“We also recently announced a substantial increase to the Mineral Resource estimate for our Steam Engine Gold Project to 4.18 million tonnes @ 1.5 grams/tonne for a total of 196,000 ounces of contained gold, with significant upside potential for this emerging gold deposit.
“We are fully funded to make significant advances this year on several high potential prospects across our expanded Greenvale Project. These are exciting times for Superior and we are delighted to be exploring in Queensland, untapping some of the state’s significant resources wealth for the benefit of all stakeholders,” Mr Hwang said.
To view the presentation from the QEC Investment Showcase on 14 July, click the links below:
