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Metal Bank

Jun 01, 2021
Exploration, mining and processing briefs

Exploration, mining and processing briefs

Updates on QCoal, MMG, Castillo Copper, Red Fox Resources and more in this week’s exploration, mining and processing briefs. MMG launches share placement Dugald River mine operator MMG has announced a $US300 million ($AU387.5 million) new share placement to strengthen the company’s balance sheet and to step into its next phase of growth. “MMG’s strategy… This content is for iQ Industry Quee...

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Aug 29, 2020
Metal Bank launches dual exploration push

Metal Bank launches dual exploration push

Metal Bank has kicked off exploration programs for the 8 Mile and Eidsvold gold projects, saying it is aiming for ‘step change development advances’ at both within the next eight months. The projects lie in the northern New England Fold Belt of Central Queensland, which also hosts the Cracow, Mount Rawdon, Mount Morgan and Gympie… This content is for iQ Industry Queensland, iQ C...

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Jul 07, 2020
Triumph gold sale on the table for $6.4m

Triumph gold sale on the table for $6.4m

Metal Bank has reached an agreement for the sale of its Triumph gold project in Queensland to private firm XXXX Gold for $6.4 million. It says the deal will provide additional cash for exploration activities, with its focus firmly placed on the 8 Mile project. The project has a robust shallow exploration target, with potential… This content is for iQ Industry Queensland, iQ Coal, iQ Civil, ...

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Apr 23, 2020
Flori’s Find adds shine for Metal Bank gold project

Flori’s Find adds shine for Metal Bank gold project

Metal Bank has announced a maiden inferred mineral resource for its newly discovered Flori’s Find gold deposit at the 8 Mile Project in south-east Queensland. Located 18km along strike from Evolution Mining’s Mount Rawdon gold mine, the shallow Flori’s Find deposit offers strong potential for rapid evaluation and further growth, the company says. The inferred… This content is for iQ I...

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Nov 07, 2019
8 Mile yields promising gold results for Metal Bank

8 Mile yields promising gold results for Metal Bank

Metal Bank says a large gold system is emerging at its 8 Mile Project, near Queensland’s Mt Rawdon mine. The company has received results from a reverse circulation and diamond drilling program designed to investigate near-surface gold mineralisation and investigate initial targets interpreted in the IP geophysical data. “These early results are exceptional with both… This conte...

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