Great Divide Mining uncovers gold at Devils Mountain, Sexton
It has been long thought there is plenty of gold in the old workings that tunnel beneath the old mining city of Gympie, but it turns out there are also significant riches well beyond the city limits.
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It has been long thought there is still plenty of gold in the old workings that tunnel beneath Gympie, but it turns out there are also significant riches well beyond the city limits.
A new analysis by the company behind plans to mine at Devils Mountain at Sexton, about 40km northwest of Gympie, found “good indicators” of “significant” gold deposits there.
Great Divide Mining Ltd engaged third party GeoCloud Analytics to conduct the survey, a statement from the mining company said.
GeoCloud used 2023 Queensland government survey data which identified 204 historical mine workings, 12 adits (horizontal passages into mines), seven shafts, and evidence of another 185 workings.
Great Divide CEO Justin Haines said in the statement the new LiDAR (light detection and ranging) data allowed the company to “get a more accurate picture of all of the historical gold mining at Devils Mountain”.
“Shafts and adits are good indicators of the presence of significant gold mineralisation, because of the effort invested in producing those old excavations,” Mr Haines said.
“The LiDAR results confirm GDM’s strategy of targeting areas of abundant historical workings and applying modern exploration technologies to those sites”, he said.
The Queensland-based company bought the LiDAR data from the government in 2023.
It has five exploration permits at the site, which covers 44sq km.
The area is known to be the site of gold deposits, but also of copper, silver, lead, tungsten and mercury, and manganese.
Great Divide Mining’s efforts to dig back into the mountain are the latest in a series of attempts to bring gold mining back to the region it put on the map in 1867.
Mining company Aurum Pacific has been working since 2020 to resurrect the Eldorado gold mine, 5km south of the city.
The mine, which was a key part of the region’s economy when it was running, was shut down in 2008.
It has remained dormant ever since, despite extensive research continuing to show the presence of gold within the Eldorado mine’s shafts.
There are multiple other exploration areas and potential mining sites scattered across the wider region as well, not only for gold but other minerals.
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Originally published as Great Divide Mining uncovers gold at Devils Mountain, Sexton
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