QX Resources Limited has commenced a 1,500-metre reverse circulation (RC) drill program at the company’s Lucky Break Gold Mine located at the Clermont Goldfields in the Drummond Basin of central Queensland.
Lucky Break was previously mined between 1978-88 with 90,000 tonnes processed for approximately 7,000 ounces of gold production.
The new drilling program has been designed to assess mineralisation in two historical pits – the main Lucky Break Mine and the small Lucky Break South pit which was previously mined as a small high-grade deposit – as well as extensions to these mines along strike and at depth. In addition, a parallel vein to the East of the main deposit is being drilled.
Drilling is expected to take approximately 10 days and assaying will commence shortly thereafter. The company will provide updates on the progress of the drill program in the coming days.
Non-Executive Director of QX, Roger Jackson, said after extensive planning and detailed analysis of all historical data over many months, the company is pleased to kick off the high impact drill program that is testing some exciting targets in and around the historical Lucky Break Mine pits.
“Limited exploration at depth, along strike and parallel to the actual mines has been conducted so we look forward to assessing the results,” he said.
“The program is expected to take approximately ten days and it marks the first step in QX significantly ramping up exploration activities across our wider roughly 150 square kilometre project area that hosts multiple highly prospective mineralised targets with a range of commodities present.”
“We look forward to reporting results from this program and on our other exploration and project development initiatives.”