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Alice Queen Ltd enters the Ring of Fire in Fiji with eyes on gold

Alice Queen Ltd s Fijian neighbour makes major discovery reinforcing its decision to move to Fiji

Alice Queen Ltd s Fijian neighbour makes major discovery reinforcing its decision to move to Fiji
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Alice Queen Ltd reels in $1 8 million to progress gold work at Horn Island, Fiji and central NSW

Alice Queen reels in $1.8 million to progress gold work at Horn Island, Fiji and central NSW Proceeds from the placement will be used in exploration activities including assessing the value of the historic Run of Mine and ore stockpiles at Horn Island via a planned RC drill program and to progress the review of historical exploration results at Fiji and starting a maiden preliminary field program. The company plans to issue around 140 million shares at a price of 1.3 cents per share. Alice Queen Ltd (ASX:AQX) has received binding commitments for its proposed $1.8 million placement to progress gold work at its Horn Island Project in Queensland, recent Fijian acquisition and its Northern Molong Project in NSW.

Mineral exploration and mining sector is resilient against COVID 19

Mineral exploration and mining sector is resilient against COVID 19 Mineral exploration and mining sector is resilient against COVID 19 Friday 05/03/2021 Mineral Resources Department Acting Director, Raymond Mohammed says the mineral exploration and mining sector has proved to be resilient against the impact of the COVID 19 pandemic. Mohammed says while other industries suffered, the mineral exploration and mining sector has seen notable investments at the Vatukoula Gold Mine Limited through the sinking of a new shaft and construction of a new tailings dam. He says Vatukoula Gold Mine Limited has maintained weekly export of gold and silver while mining continues at Amex Resources Limited as well.

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