Greenpower Energy runs the ruler over NQ gold projects
The company has entered an option agreement with Q-Generate to acquire the former producing gold mines of Camel Creek, Golden Cup and Big Rush.
They are part of the Golden Ant project and produced more than 150,000 ounces of gold at an average grade of 1.91 g/tonne when they ran as heap leach operations in the 1990s.
In a report to the ASX this week, Greenpower said it had been assessing information from the Camel Creek mine, on seven granted leases about 140km north-west of Townsville, as part of the due diligence process.
Its next step will be to evaluate the exploration data available for Big Rush.