1500m RC Programme Underway At Historic Gold Mine
QX Resources Limited (ASX: QXR) has commenced a 1,500m reverse circulation (RC) drill programme at the company’s Lucky Break gold mine located at the Clermont Goldfields in the Drummond Basin of central Queensland.
This first pass drill programme has been designed to assess mineralisation in two historical pits – the main Lucky Break Mine and the small Lucky Break South pit which was previously mined as a small high-grade deposit – as well as extensions to these mines along strike and at depth.
Non-Executive Director, Roger Jackson, said a parallel vein to the East of the main deposit is also being drilled.
Drilling is expected to take ~10 days and assaying will commence shortly thereafter.
“After extensive planning and detailed analysis of all historical data over many months, we are pleased to kick off this first pass, high impact drill programme that is testing some exciting targets in and around the historical Lucky Break Mine pits,” Mr Jackson said.
“Limited exploration at depth, along strike and parallel to the actual mines has been conducted so we look forward to assessing the results.
“The programme is expected to take approximately ten days and it marks the first step in QX significantly ramping up exploration activities across our wider ~150 sq. km project area that hosts multiple highly prospective mineralised targets with a range of commodities present.
“We look forward to reporting results from this program and on our other exploration and project development initiatives.”
