{kanada_flagge}Queensland Gold Hills Corp. will commence trading on the TSX Venture Exchange under the ticker symbol (TSX.V: OZAU) today, December 6, 2021. The company recently completed an oversubscribed private placement of CAD 2.145 million. Queensland Gold Hills aims to test historic 19th-century mines using modern exploration methods in Queensland, Australia, in the so-called Big Hill area.
Queensland Gold Hills owns an 80% interest in Big Hill Gold Mining Company Pty Ltd, which owns the Big Hill Gold Project (EPM 18255). The Big Hill Gold Project comprises the historic Big Hill, Queenslander, Monte Cristo and Sultan & Taylor mines in the Talgai Goldfields. Big Hills is one of eight historic goldfields in the broader Warwick Texas district that were active in the late 19th century.
The Queenslander mine in particular has attracted the interest of geologists. Total production of 4,100 ounces of gold at an average grade of 50 g/t has been documented from the project, with some early trenching reported at up to 4000 g/t. The Queenslander Mine is believed to be the first gold mine in the state of Queensland.
Blair Way, Chief Executive Officer, said, “We are looking forward to advancing the Big Hill gold project in one of Queensland’s first historic gold districts. It’s exciting to follow in the footsteps of the old gold miners and apply modern exploration techniques to find the source of their deposits.”
More information is available on the company’s new website: https://queenslandgoldhills.com
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