ActiveEx eager to find some gold
AN EXPLORATION company plans to expand its operation after results of surveys between Gayndah and Goomeri suggests there could be gold in them thar hills.
ActiveEx has only scratched the surface of three veins and the positive result has the company digging a little deeper in a search for richer yields.
The company has located gold and silver 150m underground in three veins on the Barambah Gold Project site.
Project exploration geologist Josh Leigh said the company planned to drill to 400m, a program helped by a grant of $85,000 from the State Government.
“Geophysics has helped us see below the current depth,” Mr Leigh said.
“We’ve got four drill holes designed to test the 400m depth and it’s designed to target what we think is a deep part of the gold system there.”
The testing at the shallow depths has proved to be high-quality, some grades of up to 30g of gold per ton of soil.
“It’s not pannable. It’s so fine that it was never picked up by previous explorers because it was quite hard to see but the grades can be quite good when you’re in the right zones,” Mr Leigh said.
“We’ve been trying to feel our way through to minimise the risk of exploration.”
Deep drilling is expected to begin early next year and any mining will not begin for at least two years.