MPX Backed SQX Lists on ASX

SQX Resources are live, now being publicly traded on the Australian Stock Exchange and attempting to make a gold-copper discovery with the potential to bolster industry around the traditionally coal-focused mining town of Nanango in the South Burnett region of Queensland.

Should the coal industry face long-term headwinds in the region, particularly on the back of a transition towards alternative energy sources, an economic gold and/or copper discovery from SQX may open another gateway of opportunity. SQX’s two prospects near Nanango, both featuring historical mine workings and known mineralisation, may just provide such an opportunity.

There will be little time wasted in exploring for such opportunities, with high priority targets identified and permitting already secured for drilling, with a view to swiftly defining an economic mineral resource.

Should fossil fuel usage decline as the world moves towards renewable energy sources, long-standing regional towns who are reliant on fossil fuel production may face challenging times, especially if generations of locals have built around an industry. However, any potential SQX discovery of economic gold and/or copper mineralisation may keep traditions alive with new resources, backed by the industriousness of a long-standing mining heritage.

SQX have their own backing. The Company is the next venture for MPX, an investor known for identifying, acquiring, investing and accelerating mineral projects across the nation, whose recent success with Canadian explorer Q2 Metals is supporting its reputation.

Now being publicly traded, it is time for SQX to get to work and hopefully provide an opportunity to support the mining legacy of Nanango.

Source: The Market Bull

https://themarketbull.com.au/2023/02/20/sqx-resources-potential-to-light-up-nanango/

QUEENSLAND GOLD HILLS ANNOUNCES ACQUISITION OF MIA LITHIUM PROJECT IN QUEBEC HOSTING 8KM SPODUMENE-PEGMATITE TREND AND CONCURRENT PRIVATE PLACEMENT FINANCING

November 28, 2022 – Queensland Gold Hills Corp. (TSX.V: OZAU | OTCQB: MNNFF) (“Queensland Gold” or the “Company”) is pleased to announce that it has entered into an agreement with an effective date of November 21, 2022 (the “Purchase Agreement”) with 9219-8845 QC Inc., a private Quebec company dba Canadian Mining House (“CMH”) and certain investors in CMH (“CMH Nominees”) to acquire a 100% interest in the 86 square kilometre Mia Lithium Property (the “Property”) in the James Bay area of Quebec, Canada (the “Acquisition”).  

President & CEO Alicia Milne states, “Our entry into the lithium space represents a new value creation opportunity for our shareholders. Quebec is a top global mining jurisdiction and the James Bay region is a highly attractive investment destination for lithium exploration due to its prolific hard rock lithium endowment. We are looking forward to revealing the enormous potential we see in the Mia project.”

Read more at: https://www.q2metals.com/news/queensland-gold-hills-announces-acquisition-of-mia-lithium-project-in-quebec-hosting-8km-spodumene-pegmatite-trend-and-concurrent-private-placement-financing/

Queensland Gold Hills Announces Commencement of Trading on the TSX Venture Exchange

Vancouver, British Columbia--(Newsfile Corp. - December 6, 2021) - Queensland Gold Hills Corp. (TSXV: OZAU) ("Queensland Gold Hills Corp" or the "Company") is pleased to announce that its common shares have commenced trading on the TSX Venture Exchange (the "TSXV") under the ticker symbol "OZAU" as of market open on December 6th, 2021. The Company recently completed acquisition of an 80% interest in Big Hill Gold Mining Company Pty Ltd. as well as an oversubscribed non-brokered private placement totaling $2.145M CAD.

Mr. Blair Way, Chief Executive Officer states, "We look forward to advancing the Big Hill Gold Project in one of Queensland's first historic gold districts. It is exciting to be following in the footsteps of the old timer gold miners using modern exploration techniques to find the source of their workings."

In addition, the Company is also pleased to announce the launch of its new website and investor presentation, which can be found at www.queenslandgoldhills.com.

You can follow the Company on its social media feeds as follows:

Twitter: @QLDGoldhills

LinkedIn: QLD Gold Hills Corp

Instagram: QLDgoldhills

About Queensland Gold Hills Corp.

Queensland Gold Hills is focused on gold exploration in the historic goldfields of Queensland, Australia. The Big Hill Gold Project covers the historic mines of Big Hill, Queenslander, Monte Cristo and Sultan & Taylor of the Talgai Goldfields. This is one of eight historical Goldfields in the broader Warwick-Texas District. The Company will be conducting modern exploration in these historic gold fields.

Minfocus (TSXV:MFX) Acquires Majority of Big Hill Gold Property from MPX

Vancouver, British Columbia--(Newsfile Corp. - September 10, 2021) - Minfocus Exploration Corp. (TSXV: MFX) ("Minfocus" or the "Company") is pleased to announce that on September 3, 2021 it entered into a definitive Share Sale Agreement (the "Agreement") with Mining Projects Accelerator Pty Ltd. ACN 629 011 196 ("MPX"), a private Australian company, pursuant to which the Company will acquire MPX's ownership of 80% of the outstanding common shares (each, a "Big Hill Share") of Big Hill Gold Mining Company Pty Ltd. ACN 081 474 179 ("Big Hill") on the terms and conditions of the Agreement (the "Proposed Transaction"). Big Hill holds a 100% interest in an exploration permit and two mining licenses comprising the Big Hill Gold Property located in Queensland, Australia (the "Big Hill Gold Property").

Full story at: https://finance.yahoo.com/news/minfocus-announces-acquisition-majority-interest-232500596.html

E79 Announces Closing of $8M CAD Financing Led by Eric Sprott

Vancouver, B.C., June 23, 2021. E79 Resources Corp. (CSE: ESNR, OTCQB: ESVNF) (“E79” or the “Company”) is pleased to announce that it has closed its previously announced non-brokered private placement financing for gross proceeds of $8,000,000.  The Company has issued 8,000,000 common shares at a price of $1.00 per common share, which included a lead order of $5,000,000 from Eric Sprott, and a $3,000,000 order from a strategic investment fund.

Rory Quinn, E79’s President and Chief Executive Officer stated: ”We would like to thank Mr. Sprott for his strong support. With over $12 million in cash and an exciting high-grade gold intercept of 11.1m of 160g/t gold (June 14, 2021) in early drilling at Happy Valley, we can create substantial value for shareholders over the coming months. E79 will wrap up 2 planned drill holes at its Beaufort property, before a planned  return to Happy Valley, on its Myrtleford property. More to come.”

 All common shares issued under the financing, including any finder securities, are subject to a four-month hold period under applicable Canadian securities laws. The Company has agreed to pay finders’ fees of up to 7 per cent in cash or securities. Eventus Capital Corp. and Research Capital Corporation have been appointed as finders in connection with the offering. Red Cloud Securities Inc. acted as Advisor to E79 Resources.

Proceeds from the financing will be used for exploration, corporate development and general working capital purposes.