- Queensland Gold Hills (OZAU) has received final assay results from its inaugural drill campaign at the Big Hill property
- A total of 1457 metres of reverse circulation drilling was completed in 11 holes
- Queensland Gold Hills Corp is a mineral exploration and development company
- Shares in Queensland Gold Hills Corp. (OZAU) opened trading at C$0.11
Queensland Gold Hills (OZAU) has received final assay results from the recently completed inaugural drill campaign at the Big Hill property in Queensland, Australia.
The 11 hole (1,457m) reverse circulation drilling program targeted extensions to mineralization below historic underground workings at the Queenslander prospect, one of a number of high-grade historic mines in the Talgai Goldfield.
The drilling successfully demonstrated structural continuity of the mineralized vein system ~100m down dip from the base of historical workings. Assay results returned from ALS-Global Brisbane showed moderate-grade intercepts across the vein and altered wallrock, including 10m @ 0.49g/t Au from 97m (BH013), but this initial, modest program did not intersect the higher-grade shoots reported in historical production records.
Queensland Gold Hills CEO and Director, Blair Way, commented on the program’s success.
“While our first drill program at Big Hill did not intercept the grades we were targeting, we were successful in hitting the correct structures and encountered mineralization below the historic workings, as expected. The information provided will be extremely valuable as the team continues to analyze the multi-element geochemistry and vein geometry in order to key in on vectors to higher grade mineralization which will be drill-tested in subsequent programs at other targets on the property. We look forward to announcing upcoming plans and discussing our evolving strategies as we look to demonstrate the extraordinary potential we see in the Talgai Goldfields.”
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$0.11.