{"id":362463,"date":"2025-07-09T18:18:24","date_gmt":"2025-07-09T08:18:24","guid":{"rendered":"https:\/\/southburnett.com.au\/news2\/?p=362463"},"modified":"2025-07-09T18:18:24","modified_gmt":"2025-07-09T08:18:24","slug":"newpeak-buys-historic-gold-mine","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2025\/07\/09\/newpeak-buys-historic-gold-mine\/","title":{"rendered":"NewPeak Buys Historic Gold Mine"},"content":{"rendered":"<figure id=\"attachment_362468\" aria-describedby=\"caption-attachment-362468\" style=\"width: 200px\" class=\"wp-caption alignright\"><a href=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2025\/07\/markpurcell1.jpg\"><img loading=\"lazy\" class=\"size-full wp-image-362468\" src=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2025\/07\/markpurcell1.jpg\" alt=\"\" width=\"200\" height=\"300\" \/><\/a><figcaption id=\"caption-attachment-362468\" class=\"wp-caption-text\">NewPeak Metals managing director Mark Purcell (Photo: LinkedIn)<\/figcaption><\/figure>\n<p><strong>July 9, 2025<\/strong><\/p>\n<p>An ASX-listed mining exploration company has acquired the permit for an historic gold mining area near Tansey.<\/p>\n<p>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.<\/p>\n<p>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.<\/p>\n<p>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.<\/p>\n<p>NewPeak Metals said wartime labour shortages and other factors, including a lack of funds, contributed to the mine&#8217;s closure.<\/p>\n<p>Mining and exploration permits for the area have passed though several owners in the decades since.<\/p>\n<p><strong>The ASX statement said NewPeak plans to conduct drilling and low-cost district-scale exploration to better understand the geology of the area.<\/strong><\/p>\n<p>Recently appointed NewPeak managing director Mark Purcell said the Tansey Gold Project was in an under-explored area close to highways and infrastructure.<\/p>\n<p>He said modern exploration techniques would provide fresh opportunities for drill targeting.<\/p>\n<p>&#8220;This is a low-cost, high-potential acquisition. The South Burnett Mine has not been comprehensively explored, notwithstanding attractive historical mining grades,&#8221; Mr Purcell said.<\/p>\n<p>NewPeak Metals has also applied for\u00a0 two new tenements adjoining EPM26368; &#8220;Grongah&#8221; and &#8220;Tanjan&#8221; are located north and north-east of Goomeri.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An ASX-listed mining exploration company has acquired the permit for an historic gold mining area near Tansey.<\/p>\n","protected":false},"author":20,"featured_media":362469,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,3],"tags":[102],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NewPeak Buys Historic Gold Mine - southburnett.com.au<\/title>\n<meta name=\"description\" content=\"An ASX-listed mining exploration company has acquired the permit for an historic gold mining area near Tansey.\" \/>\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\/2025\/07\/09\/newpeak-buys-historic-gold-mine\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NewPeak Buys Historic Gold Mine - 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