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There are hopes to strike it rich in gold and silver with a new 232sq km prospecting tenement approved northwest of Moranbah.
Publicly-listed company QX Resources Limited has announced it was approved for the Llanarth Project in the Drummond Basin, taking its total holdings in the area to 350sq km.
Non-executive director Roger Jackson said they were confident the tenement, adjacent to Gregory Developmental Rd, would deliver success for shareholders.
"We've been doing some exploration work over the past 12 months which has been very, very positive," Mr Jackson said.
"We feel that we have a good understanding of what we're looking for."