EXPLORATION & DEVELOPMENT

Australian gold: old fields, new lives

In late 2020, explorer Krakatoa Resources (ASX:KTA) unearthed drilling records conducted 30 years earlier at the Quartz Hill project on the Lachlan Fold Belt of New South Wales, near the city of Bathurst.

Robin Bromby
Drilling underway at 3D Resources Adelong goldfield in New South Wales

Drilling underway at 3D Resources Adelong goldfield in New South Wales

The previous explorer of the time drilled 18 holes, nine of which had intercepted gold from surface, including 10m at 1.64gpt, but also ending still in mineralisation — yet these results were never followed...

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