July 9, 2025
An ASX-listed mining exploration company has acquired the permit for an historic gold mining area near Tansey.
NewPeak Metals issued a statement to the ASX on Monday saying it had acquired Goldstrike Mining Pty Ltd, owner of EPM26368 located about 20km north of Goomeri.
The 12 sq km exploration permit area encompasses several historic workings including the South Burnett Gold Mine, the Star of Dawn and several smaller unnamed mines.
The underground South Burnett Gold Mine, located on a property owned at the time by the Kiehne family, was mined to a depth of about 87m between 1934-42.
NewPeak Metals said wartime labour shortages and other factors, including a lack of funds, contributed to the mine’s closure.
Mining and exploration permits for the area have passed though several owners in the decades since.
The ASX statement said NewPeak plans to conduct drilling and low-cost district-scale exploration to better understand the geology of the area.
Recently appointed NewPeak managing director Mark Purcell said the Tansey Gold Project was in an under-explored area close to highways and infrastructure.
He said modern exploration techniques would provide fresh opportunities for drill targeting.
“This is a low-cost, high-potential acquisition. The South Burnett Mine has not been comprehensively explored, notwithstanding attractive historical mining grades,” Mr Purcell said.
NewPeak Metals has also applied for two new tenements adjoining EPM26368; “Grongah” and “Tanjan” are located north and north-east of Goomeri.
