{kanada_flagge}Queensland Gold Hills Corp. (TSX.V: OZAU; OTCQB: MNNFF; FRA: MB3) has completed ten RC drill holes totaling 1,175 meters at the historic Talgai Goldfield in Queensland. This means that the company has already completed more than half of the program initially scheduled for 2,000 meters. Drilling commenced on April 24. Core samples were sent to the Brisbane assay laboratory last week. The drilling program is targeting the historically extremely high-grade so-called “Queenslander Project”, which is considered the first gold mine in the state of Queensland. During the mining period at the end of the 19th century, 4.1 ounces of gold at an average grade of 50 g/t were mined there. The goal of the drilling is to determine the source of the gold that was mined.
Queensland Gold Hills CEO and Director Blair Way commented, “We intend to drill nearly 2000 meters in approximately 20 holes to gain a better understanding of the feeds to these historic workings. Initial investigations into this are already underway. We look forward to providing further updates in the coming weeks.”
Figure 1: Current drilling at the Big Hill project in Queensland, Australia.
Queensland Gold Hills aims to systematically test Queensland’s historic gold fields using modern exploration. The Big Hill Gold Project and Titan Project together cover 110 square kilometers and host 54 high-grade historic gold mines in the Talgai Goldfields of the expanded Warwick-Texas District.
The Big Hill gold property consists of a single exploration permit covering 24 square kilometers and includes two separate mining leases. The permit covers the historic Big Hill, Queenslander, Monte Cristo and Sultan & Taylor mines on the Talgai goldfield. Talgai is one of eight historic goldfields in the broader Warwick Texas district that were active in the late 19th century and include the Canal Creek, Thanes Creek, Leyburn, Palgrave, Pikedale, Lucky Valley, and MacDonald goldfields. These mines have had both alluvial and reef mining operations, with the Queenslander mine standing out as the first gold mine in the state of Queensland with total production of 4.1 ounces of gold at an average grade of 50 g/t, with some early crushing reported up to 4000 g/t. The majority of production at the historic mines in the Warwick Texas district occurred from the first discovery in 1864 to the early 1900s. Smaller-scale activity continued intermittently through the 20th century, with many of the larger historic mines remaining under mining leases, but with limited modern exploration to date.
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