Exploration drilling demand strong going into 2020

A strong outlook for gold and battery-material metals such as vanadium and cobalt are driving high demand for North Queensland drilling services, according to Eagle Drilling NQ general manager Sally Forgan.

Ms Forgan expects the company to boost its workforce by about 25 per cent to meet demand in 2020.

She was commenting after the latest Queensland Exploration Council (QEC) Scorecard, showing 58 percent of explorers planned to increase expenditure and 92 percent of drilling companies forecasting similar or increased spending over the next 12 months.

Read the full Industry Queensland article here.