Mineral Exploration in Eastern Australia

Company Overview

Queensland Minerals Ltd. is a junior mineral exploration company whose shares are listed on the TSX Venture Exchange under the symbol “QML”. The Company’s projects are located in the state of Queensland in Eastern Australia and are held through its wholly owned subsidiaries, Queensland Minerals (Australia) Pty Ltd. (“QMA”) and Asmam Pty Ltd. (“Asmam”). 

The Company’s efforts have been focused on gold-copper exploration, principally on epithermal and porphyry hosted styles of mineralization. The Company’s main asset is its 100% owned “Dingo Peak” prospect located on the Mungana project. Exploration work carried out at Dingo Peak, which includes 3D IP geophysical and magnetic surveys, has been encouraging due to the clear definition of a mostly intact porphyry system.  In early 2009, the Company completed a comprehensive interpretation of the whole system and prepared a program of RC and deeper diamond drilling to evaluate the system at shallow to moderate depths. Further detailed geophysics will also be required to fully outline extensions of the prospective intrusive alteration targets indicated by both magnetics and IP surveys.

Due to the Company’s limited financial resources, all field activities were halted in October 2008 and the Company’s projects have since been on care and maintenance. The Company is looking at different alternatives to fund a follow-up exploration program which may include the issuance of securities, partnership or joint venture arrangements. The Company is also considering acquiring new mineral resource projects outside of the current area of operations

Mungana, Dingo Peak Drill Hole Assays

Latest News

January 18, 2010 - Queensland Minerals Ltd. Completes Share Consolidation (read the release...)

December 2, 2009 - Queensland Minerals Ltd. Announces Postponement of AGM, Share Consolidation and Debt Settlement (read the release...)

October 14, 2009 - Queensland Minerals Ltd. announces the transfer of equipment and sale of shares by a director (read the release...)

August 21, 2009 - Queensland Minerals Ltd. Announces Second Quarter 2009 Results and Postponement of Shareholders Meeting (read the release...)
(Q2 Financial Statements) (Q2 MD&A)

May 29, 2009 - Queensland Minerals Ltd. Announces First Quarter 2009 Results, Credit Facility and Postponement of Shareholders’ Meeting (read the release...)
(Q1 Financial Statements) (Q1 MD&A)

April 30, 2009 - Queensland Minerals Ltd. Announces its Financial Results for the Year Ended December 31, 2008 – Write down of Exploration Expenses (read the release...)
(YE Financial Statements) (YE MD&A)

November 28, 2008 - Queensland Minerals Ltd. Announces its Financial Results for the Third Quarter Ended September 30, 2008 and Exploration Update (read the release...)
(Q3 Financial Statements) (Q3 MD&A)

November 6, 2008 - Queensland Minerals Exploration Update-Major Drill Targets Indicated by Geophysical Surveys at the Dingo Peak Copper-Gold Porphyry Discovery (read the release...)

October 14, 2008 - Queensland Minerals Ltd. Completes Non-brokered Private Placement Raising $1,903,500 (read the release...)

August 29, 2008 - Queensland Minerals Ltd. Announces its Financial Results for the Second Quarter Ended June 30, 2008 (read the release...)

August 28, 2008 - Queensland Announces Non-Brokered Private Placement To Raise Up To $2,400,000 (read the release...)

July 29, 2008 - PRESS RELEASE - CORRECTION Queensland Minerals issue a news release correction – Assay results have been added (read the release...)

July 15, 2008 - Queensland Minerals Update on Exploration Program - Encouraging results from the Dingo Peak Copper-Gold discovery in North Queensland, Australia (read the release ...)

May 28, 2008 - 2007 Annual Report. (read the report ...)