Phase 1 3-hole diamond drilling program, testing for extensions to the quartz vein gold mineralisation at depth, has commenced at our Viani Project in Vanua Levu, Fiji. Phase 1 drilling to be completed in early 2025. Previous drilling intersected high-grade gold in low sulphidation epithermal quartz veins, with results up to 0.6m @ 27.6 g/t Au. Managing Director, Andrew Buxton said, "With drilling underway, Alice Queen is positioned to test the epithermal gold-style mineralisation identified in historic drilling at the Viani Project. Weather permitting, we anticipate completing the Phase 1, three-hole diamond drilling program in early 2025. Following this, our exploration team will mobilise the drill rig to the Sabeto Project in Fiji to maintain the momentum of this campaign. To deliver timely results to shareholders, we intend to accelerate the analysis of the drill core at ALS Brisbane.” Read the full ASX announcement: https://lnkd.in/gfz_UWmC #AQX #gold #exploration #drilling
Alice Queen Limited
Mining
South Yarra, Victoria 553 followers
Mineral exploration company, developing gold & copper exploration & mining opportunities in Australia and Fiji (ASX:AQX)
About us
Alice Queen Limited (ASX: AQX) is an Australian minerals exploration company with an exciting portfolio of gold / copper-gold projects located in the Northern Molong Volcanic Belt in New South Wales, Horn Island in the Torres Strait and Fiji. It owns the majority interest in the Horn Island Project which is located on Horn Island and is about 17km off Queensland’s coast in the Torres Strait, just south of Papua New Guinea. The island hosts a previously operating gold mine which ceased operation in 1989, and Alice Queen has declared an Inferred Resource (JORC 2012) 7.9Mt @ 1.9g/t Au for 492,000oz (see ASX release 02/08/2018) for an area adjacent to the abandoned Horn Island Pit. Alice Queen has built a strong partnership with the Kaurareg People of Kaiwalagal. This partnership stands up as an example of how mining companies can engage with Traditional Owners to create real and mutual benefits. In March 2021, Alice Queen entered an agreement to acquire 100% of Fiji-domiciled exploration company Viti Pte Mining Limited (Viti Mining), which held two prospective Fiji Special Prospecting Licences, SPL 1514 Nabila and SPL 1513 Viani. Fiji has a long history of gold mining and is a coveted address for precious metals exploration.
- Website
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http://alicequeen.com.au/
External link for Alice Queen Limited
- Industry
- Mining
- Company size
- 2-10 employees
- Headquarters
- South Yarra, Victoria
- Type
- Public Company
- Specialties
- mining, resources, gold, and copper
Locations
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Primary
Level 2, 568 Chapel Street
South Yarra, Victoria 3141, AU
Employees at Alice Queen Limited
Updates
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Investor Presentation - November 2024 View the full presentation: https://lnkd.in/gNzVhxdA #AQX
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Managing Director, Andrew Buxton will be presenting at NWR Communications Resources Lunch Series in Melbourne on Wednesday 27 November. Andrew will be providing an update on the Company’s highly prospective Viani and Sabeto Projects in Fiji. Shareholders and interested investors are invited to attend this free presentation. Venue: Morris House, 120 Exhibition St Date: Wednesday 27 November Time: Presentations commence 12PM Register to attend here: https://lnkd.in/g3e8ihei #AQX
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We are delighted to provide shareholders with our Quarterly Activities Report for the three month period ending 30th September 2024. 🔆 Diamond core drill rig was mobilised to Fiji for Company’s upcoming drill programs at Viani and Sabeto 🔆 Viani (SPL1513) a low sulphidation epithermal gold project license was renewed on 3 July 2024 🔆 Sabeto is drill ready and three diamond core holes planned, for up to 1,800m are proposed to test the conceptual porphyry ‘Cu Au subvolcanic breccia pipe’ target Read the full report: https://lnkd.in/gUKFQZy3 #AQX
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Exploration is poised to commence at the highly prospective Viani and Sabeto exploration projects, located in Fiji, as preparations for drilling near completion and the arrival of a diamond core drill rig. A final decision on which project will commence drilling first, will be made based on current site conditions. Updates will be shared as soon as the decision is finalised. Read the full ASX announcement: https://lnkd.in/gYxD9SUC #AQX #exploration #gold
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We are pleased to share our 2024 Annual Report with shareholders. Recently appointed Chairman, Jianying Wang wrote, "This year has been transformatory for the Company. Gage Capital has reached its target equity stake in Alice Queen Limited of 51% and is now ready, willing and able to support the Company in whatever way is required to make a significant discovery in the near term and expand its existing gold resources. My colleague Michele Alessandro Bina and I have recently joined the Company’s board of directors, and it is with great honour, respect and enthusiasm that we welcome the challenge of increasing the value of the Company so that all shareholders can benefit. The investment that Gage capital has made so far in Alice Queen Limited is not insignificant and should indicate to you that we are serious about making this Company into a significant player in the Asia-Pacific gold space." Read the full Annual Report: https://lnkd.in/g3FWGhbv #AQX
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Unlocking porphyry copper-gold in Fiji covered by Australian Resources & Investment https://lnkd.in/gyvSGtK9
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A drill rig has been mobilised to test the conceptual porphyry ‘Cu-Au subvolcanic breccia pipe’ target at our 100% owned Sabeto Project located on Viti Levu in Fiji. Sabeto is located on the Sabeto range which hosts the Vuda gold copper Project to the west and Lion One Metals (ASX: LLO) operating Tuvatu gold mine 6 km to the east. Three drill holes (~1,800m) have been planned to test for economic gold copper mineralisation at depth. Managing Director, Andrew Buxton said, "This is exciting news for Alice Queen. With Gage Capital’s recent investments, the company is fully funded to execute its exploration strategy across the Company’s projects. With initial focus on Fiji, and drilling due to commence there in October, both the Sabeto and Viani projects will be drill tested in coming months. This paves the way for strong news flow throughout the back end of this calendar year and well into 2025. It is our intention to make Alice Queen a significant player in the Asia Pacific gold space." Read the full ASX announcement: https://lnkd.in/gszsx_tZ #AQX #copper #gold #exploration
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June 2024 Quarterly Activities Report & Appendix 5B During the quarter and following an in-depth due diligence site visit in Q1 2024, our largest shareholder, Gage Resource Development Pty Ltd (Gage), advised it would invest a further $3.6 million, through the subscription of a further ~450 million ordinary shares at $0.008. Read the full report: https://lnkd.in/ga3eqpZ7 #AQX
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We are pleased to advise that our highly prospective low sulphidation epithermal (LSE) gold project, Viani located on the Pacific Rim of Fire, Fiji, has been renewed for a further three years, commencing on 3 July 2024. The Viani project (SPL1513) covers an area greater than 200km2. There has been extensive sampling, trenching and (historic) limited drilling of the Dakuniba prospect area completed previously, however the greater project area remains under explored. Managing Director, Andrew Buxton said, “We are delighted the SPL1513 license has been renewed for a further three years and look forward to continuing to work alongside the Fiji Mineral Resources Department as we commence our next phase of exploration activities. The Viani Gold Project is a tremendous prospect which has demonstrated it has the potential to become a significant epithermal system. With the license now renewed and the Company fully funded for its Fiji exploration plans, Alice Queen will continue the systematic exploration of the Viani Gold Project with the Company having commenced planning for its upcoming exploration programs." Read the full ASX announcement: https://lnkd.in/gmDFxaAi #AQX #gold