Qx Resources Limited
QX Resources has entered into an earn-in agreement with Zamia Resources Pty Ltd (Zamia Resources), a wholly-owned subsidiary of Zamia Metals Limited (Zamia) which owns four (4) exploration licenses (Permits) in the Central Queensland goldfields covering ~115km2 and housing two open pit historical gold mines, the Belyando and Lucky Break Mines, as well as multiple unexplored targets situated in the Clermont district of Central Queensland. Clermont is situated approximately 750km northwest of Brisbane and 250km southwest of Mackay. The area is accessed via the Peak Downs Highway from Mackay to Clermont, the sealed Gregory Development Road and unsealed country roads. The region consists of scattered low-rising hills surrounded by black soil and alluvium plains. The hills have proven to be good exploration targets due to quartz veining and silicification related to mineralisation.
The Charters Towers to Clermont belt in Central Queensland has been a significant gold-producing area since the 1860s, when gold was discovered at Clermont. The gold deposits are of epithermal style. Zamia’s 2008 discovery of the Anthony molybdenum deposit demonstrates the potential of the region to also host significant porphyry-style systems.
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Steve Promnitz - Managing Director - QX Resources (ASX:QXR) is focused on exploration and development of battery minerals, with hard rock lithium assets in a prime location of Western Australia, a lithium brine project in the USA, copper/moly/gold assets in Queensland and a strategic investment in nickel sulphides in Sweden. The aim is to connect end users (battery, cathode and car makers) with QXR, an experienced explorer/developer of battery minerals, with an expanding mineral exploration project portfolio and solid financial support.
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