QXR

QX Resources (ASX:QXR)

FOCUS ON QXR

QX Resources (ASX:QXR) is party to an earn-in JV agreement (QX 70%, option to move to 90%) with Zamia Resources Pty Ltd, a wholly-owned subsidiary of Zamia Metals Limited which owns four exploration licenses in the Central Queensland goldfields covering ~115km2 and housing two open pit historical gold mines, the Belyando and Lucky Break Mines, as well as multiple unexplored targets situated in the Clermont district of Central Queensland.

Clermont is situated approximately 750km northwest of Brisbane and 250km southwest of Mackay. The area is accessed via the Peak Downs Highway from Mackay to Clermont, the sealed Gregory Development Road and unsealed country roads.

 The region consists of scattered low-rising hills surrounded by black soil and alluvium plains. The hills have proven to be good exploration targets due to quartz veining and silicification related to mineralisation

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