- Queensland Gold Hills (OZAU) has completed the inaugural drill campaign at the Big Hill property, located in Australia
- A total of 1457 metres of reverse circulation drilling was completed in 11 holes
- The drill program will provide a deeper understanding of the nature and location of the feeder systems beneath the historical workings of the Queenslander mine
- The drill program will consist of approximately 20 holes totalling 2000 metres
- Queensland Gold Hills Corp is a mineral exploration and development company
- Shares in Queensland Gold Hills Corp. (OZAU) opened trading at C$0.09
Queensland Gold Hills (OZAU) has completed the inaugural drill campaign at the Big Hill property, located in Queensland, Australia.
A total of 1457 metres of reverse circulation drilling was completed in 11 holes. All samples have been shipped for assaying, with results pending.
The objective of the drill program was to gain deeper understanding of the nature and location of the feeder systems beneath the historical workings of the Queenslander mine. All drill holes intersected the Queenslander vein system, providing sufficient samples to determine the continuity and tenor of mineralization approximately 100 metres down dip from the base of historical workings.
The company looks forward to receiving the assays to better understanding the mineralized veining identified under the historic workings.
Queensland Gold Hills CEO and Director, Blair Way, commented on the program.
“The drill program went very well and, as expected, we encountered mineralization below the historical workings where we were targeting exploration. We were able to complete the program on a shorter timeline than was anticipated as we intercepted the veining in sufficient pierce points to effectively evaluate these potential feeder sites. We look forward to announcing assay results in the coming weeks.”
The Big Hill Gold Property consists of a single exploration permit covering 24 square kilometres and encloses two discrete granted mining leases. The permit covers the historic mines of Big Hill, Queenslander, Monte Cristo and Sultan & Taylor of the Talgai Goldfield.
Queensland Gold Hills Corp is a mineral exploration and development company focused on gold discoveries in the historic mining districts of Queensland Australia.
Shares in Queensland Gold Hills Corp. (OZAU) opened trading at C$0.09.