- Queensland Gold Hills (OZAU) has provided an update on the inaugural drill campaign at the Big Hill property, located in Queensland, Australia
- Ten reverse circulation holes totalling 1175 metres have been completed and the first shipments of core samples have been sent for analysis
- 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 provided an update on the inaugural drill campaign at the Big Hill property, located in Queensland, Australia.
Since drilling commenced on April 24th, 10 reverse circulation (RC) holes totalling 1175 metres have been completed and the first shipments of core samples were shipped to the analytical lab for assaying late last week.
Queensland Gold Hills CEO and Director, Blair Way, commented on the update.
“As of today, we are just over halfway through our planned 2000-metre drill program on the Big Hill Gold Property. The drill is targeting the Queenslander workings to determine the source of the gold that was extracted by historic mining in the late 1800’s. The intention is to drill close to 2000 meter over approximately 20 holes in order to gain greater understanding of the feeders to these historic workings. With first assays in progress and the drill continuing to turn, we look forward to providing further updates over 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.