North Queensland Resources (NQR)

ABN: 95 610 450 185

89-91 Hornby Street, Windsor 

Melbourne, Victoria 3181

Phone: 0438 722 443

Email: rohan.gillespie@bigpond.com

Exporation Targets

Few significant recent discoveries Nth QLD

  • Too much historic focus on outcrop and known areas

  • Unwilling to step out under cover to take risk

  • Limited info under cover to encourage explorers

Run out of ideas – not deposits!

  • Unlock region prospectively by stepping out under cover

  • Heavily mineralised outcrop provides confidence that future large discoveries to be made under cover

  • Recognising large mineral systems in potential field data

Successful Exploration Strategies – then & now

  • Nth QLD maturity analogous to Mt Isa Block late 1980’s

  • Commit to step out under cover: new strategy = success

  • Drill test a ‘critical mass’ of targets (>20) for success

Targeting intrusion associated mineralisation undercover

  • Au ± Cu systems (Red Dome, Aust. – 3 moz Au & 2.5 kt Cu)

  • Cu-Au systems (Pebble, Alaska –  26 mt Cu & 70 moz Au)

  • Sn-Ag-Zn-Cu systems (Potosi, Bolivia – 5.5 boz# Ag & 1.5 mt Sn)

Potential UNCOVER Initiative

  • New mineral province/s – Tier one potential

Three project areas; approx. 2000 km2

  • Lynd Resources Pty Ltd

  • Yappar Resources Pty Ltd

  • Gamboola Resources Pty Ltd

  • Farm-in to Wilson Minerals and Palmer Gold tenements

NQR has an extensive portfolio of exploration permits strategically located in the concealed extension of the prolific gold and base metal districts of North Queensland, Australia. A large-scale drilling program is planned across the portfolio, with results across most permits expected throughout 2018.