QXR holds ~100,000 hectares across the Drummond Basin, targeting epithermal gold-silver systems and reassessing historic open-pit mines for resource extensions. The Big Red Project has returned high-grade trench results and drill-ready targets. QXR also holds a 70% stake in the advanced-stage Anthony Molybdenum Project and two copper-gold-molybdenum permits with promising geophysical anomalies.
Molybdenum is prized for its strength, hardness, and heat resistance. It’s rarely used on its own but is added to other metals to form alloys. Exploration potential is considered comparable to nearby deposits:
- Twin Hills: 1.0Moz (23.1Mt @ 1.5 g/t Au), incl. 49m @ 5.2 g/t Au
- Lone Sister: 0.48Moz (12.5Mt @ 1.2 g/t Au), incl. 28m @ 45.2 g/t Au
Location:
Drummond Basin, Central Queensland
Commodity:
Gold, Silver & Molybdenum
Project Size:
~100,000 hectares
Licences:
EPM 27931, EPM 27921
EPM27791, EPM17703, EPM15145, EPM14790
Status:
100%-owned early-stage exploration
with historical trenching results.