17 MAY 2011www.proactiveinvestors.com.au
Queensland Bauxite targets DSO resources at Kingaroy and South Johnstone
Edited by : AL CIRCLE
1 min read
Queensland Bauxite (ASX: QBL) has initiated an extensive aircore drilling campaign covering over 25,000 metres at two of the company's projects.
The strategic focus of Queensland Bauxite in the near-term is to define bauxite resources with a view to commencing direct shipping ore mining and export operations.
The company said the new exploration campaign will be aimed at defining JORC Resources.
Queensland Bauxite is moving the program forward quickly with drilling having already kicked off at the Kingaroy Project, with exploration to then move to the South Johnstone Project.
Kingaroy is located about 100 kilometres from Bundaberg in Queensland, and is connected by highway to ports at Brisbane, Bundaberg and Gladstone.
South Johnstone is located near the Port of Mourilyan in northern Queensland.
The company land holding covers 7,180 square kilometres.
The strategic focus of Queensland Bauxite in the near-term is to define bauxite resources with a view to commencing direct shipping ore mining and export operations.
The company said the new exploration campaign will be aimed at defining JORC Resources.
Queensland Bauxite is moving the program forward quickly with drilling having already kicked off at the Kingaroy Project, with exploration to then move to the South Johnstone Project.
Kingaroy is located about 100 kilometres from Bundaberg in Queensland, and is connected by highway to ports at Brisbane, Bundaberg and Gladstone.
South Johnstone is located near the Port of Mourilyan in northern Queensland.
The company land holding covers 7,180 square kilometres.
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