- Joined
- 27 June 2010
- Posts
- 4,141
- Reactions
- 308
South-East Queensland Exploration Limited is a modern mineral exploration company dedicated to delivering shareholder value by building a portfolio of exploration, development, and operating assets.
SQX’s current focus is on copper and gold mineralisation at its Ollenburgs and Scrub Paddock Prospects, which are located in the underexplored Esk Basin in southeast Queensland and situated near major regional infrastructure and population centres. Both Prospects feature known mineralisation and historical mine workings.
Identified as a potential gold-copper porphyry, the Scrub Paddock Prospect features more than 20 mine workings and an area of comparable scale to Cadia/Ridgeway. Soil sampling and drilling have already confirmed gold and copper mineralisation; the extent of this mineralisation, both along the strike of the surface anomaly and also the depth, is unknown. A recently identified anomaly identified by induced polarisation (“IP”) survey sits just beneath existing drillholes. The Company intends to drill these high priority targets immediately upon listing, with the aim of defining an economic mineral resource.
The Ollenburgs Prospect hosts potential for a copper-gold porphyry. Featuring several copper / gold / silver mine workings, an anomaly visible on aeromagnetic mapping, a surface anomaly evidenced by rock-chip and soil sampling across approximately 300m x 50m and no historical drilling, the Company will expand soil sampling, undertake IP surveying and, if justified, follow up with exploration drilling.
It is anticipated that SQX will list on the ASX during February 2023.
sqxresources.com
SQX’s current focus is on copper and gold mineralisation at its Ollenburgs and Scrub Paddock Prospects, which are located in the underexplored Esk Basin in southeast Queensland and situated near major regional infrastructure and population centres. Both Prospects feature known mineralisation and historical mine workings.
Identified as a potential gold-copper porphyry, the Scrub Paddock Prospect features more than 20 mine workings and an area of comparable scale to Cadia/Ridgeway. Soil sampling and drilling have already confirmed gold and copper mineralisation; the extent of this mineralisation, both along the strike of the surface anomaly and also the depth, is unknown. A recently identified anomaly identified by induced polarisation (“IP”) survey sits just beneath existing drillholes. The Company intends to drill these high priority targets immediately upon listing, with the aim of defining an economic mineral resource.
The Ollenburgs Prospect hosts potential for a copper-gold porphyry. Featuring several copper / gold / silver mine workings, an anomaly visible on aeromagnetic mapping, a surface anomaly evidenced by rock-chip and soil sampling across approximately 300m x 50m and no historical drilling, the Company will expand soil sampling, undertake IP surveying and, if justified, follow up with exploration drilling.
It is anticipated that SQX will list on the ASX during February 2023.
SQX Resources
Modern mineral exploration company building a portfolio of exploration, development, and operating assets.
sqxresources.com
