New exploration licenses in Tasmania

FOUR new exploration licence applications will be granted in various parts of Tasmania.

FOUR new exploration licence applications will be granted in various parts of Tasmania.

The applications have combined expenditure commitments of $370,000 for the first two years of tenure.

Goldstock Mining Pty Limited, a wholly owned subsidiary of newly listed Tasmanian company, Macquarie Harbour Mining Limited, has applied for an area of 11 square kilometres in the Gladstone area in Tasmania’s North East.

It intends to explore for tin, gold and tungsten deposits using data compilation, ground geophysical surveys, drilling, costeaning, bulk sampling and metallurgical testing.

Perth company, Geotech International Pty Limited, plans to explore an area of about 160 square kilometres near Scottsdale for tin and molybdenum deposits using data review, soil and rock geochemistry and possible geophysical surveys in the first two years of tenure to define drill targets.

Tasmanian private company, Low Impact Diamond Drilling Specialists, will investigate the potential extension of lead mineralisation over two square kilometres in the Davies Hill area, north of Queenstown, and drill an exploratory hole if warranted.

New South Wales company, Planet Minerals Pty Limited, plans to search for tin in the Melaleuca Inlet-Cox Bight area of south west Tasmania using reconnaissance geological mapping and geochemical sampling, ground geophysics and possible helicopter supported drilling.

steven.kons@justice.tas.gov.au

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