Close to Port, Infrastructure and the End User
- 1,213 km2 of DSO bauxite terrain
- Prospective for high quality gibbsitic bauxite with a low reactive silica content
- The North Queensland Projects consist of the following four project areas:
- South Johnstone Project
- Ravenshoe Project
- Ravenshoe East Project
- Atherton Project
- In 1961, at the South Johnstone Project, Carpentaria Exploration identified an exploration target* of 43Mt with the potential to be extended 5 times
- Rail running through project areas and as close as 18kms to port
- Landholder consultation has been undertaken and favourable response received
- Access for exploration granted
- * This exploration target was made prior to the JORC code for reporting of resources coming in to existence
Targeting Premium DSO Bauxite
- Access for exploration granted
- Minimal overburden
- Red brown lateritised saprolite developed on Tertiary Basalt
Significant Exploration Upside
- The historic exploration drilling reported by Carpentaria Exploration Pty Ltd (Carpentaria) in 1961 gives QBL a high level of confidence of achieving significant exploration success
- QBL intends to re-drill and re-assay these areas to achieve a JORC compliant resource
- Based on the workings of Carpentaria and based on the extent of lateritised basalts that are extensively present through the project area, QBL’s exploration target on the South Johnstone project alone is:
- 200Mt to 250Mt with an acid soluble alumina range* of 31% to 40%
- Further work is planned on the Ravenshoe, Ravenshoe East and Atherton Projects to define an exploration target and achieve a JORC compliant resource in respect of the North Queensland Projects
- *According to Carter (1961), all AI203 assays quoted in Carpentaria reports ‘refer to acid soluble alumina’. These reports were prepared prior to the JORC code for reporting of resources coming in to existence.
