{"id":329094,"date":"2023-02-23T12:29:33","date_gmt":"2023-02-23T02:29:33","guid":{"rendered":"https:\/\/southburnett.com.au\/news2\/?p=329094"},"modified":"2023-02-23T12:30:26","modified_gmt":"2023-02-23T02:30:26","slug":"miner-to-drill-potential-gold-sites","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2023\/02\/23\/miner-to-drill-potential-gold-sites\/","title":{"rendered":"Miner To Drill Potential Gold Sites"},"content":{"rendered":"
\"\"<\/a>
SQX chair Bryan Granzien (Photo: SQX)<\/figcaption><\/figure>\n

February 23, 2023<\/strong><\/p>\n

Newly listed mineral exploration company SQX Resources Ltd has announced plans to explore potential copper and gold deposits north-east of Nanango.<\/p>\n

In a statement to the ASX on Monday, SQX said it had raised $5 million through its Initial Public Offer (IPO) to fund the exploration activities.<\/p>\n

SQX holds EPM 27257 which consists of the Scrub Paddock Prospect and the Ollenburgs Prospect, both 37km north-east of Nanango.<\/p>\n

Drilling at the Scrub Paddock site, which includes about 20 historic mine workings, is expected to start in March.<\/p>\n

Soil sampling will also begin at the Ollenburgs site – which includes former copper, gold and silver mine workings – to determine potential drilling targets.<\/p>\n

The SQX statement said previous shallow drilling had identified a number of higher-grade gold zones within broad lower grade intervals.<\/p>\n

“Existing soil and rock-chip sampling, in conjunction with historical mine workings, suggest mineralisation may extend across an approximate 2km strike,” the statement said.<\/p>\n

SQX chair Bryan Granzien described the gold-copper porphyry deposits as “exciting”.<\/p>\n","protected":false},"excerpt":{"rendered":"

Newly listed mineral exploration company SQX Resources Ltd has announced plans to explore potential copper and gold deposits north-east of Nanango.<\/p>\n","protected":false},"author":20,"featured_media":329097,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,3],"tags":[592,134,30],"yoast_head":"\nMiner To Drill Potential Gold Sites - southburnett.com.au<\/title>\n<meta name=\"description\" content=\"Newly listed mineral exploration company SQX Resources Ltd has announced plans to explore potential copper and gold deposits north-east of Nanango.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/southburnett.com.au\/news2\/2023\/02\/23\/miner-to-drill-potential-gold-sites\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Miner To Drill Potential Gold Sites - 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