Queensland Bauxite Ltd (ASX:QBL)

Company's Profile

Queensland Bauxite Limited is engaged in mining exploration and evaluation. The Company's segments include mining exploration and evaluation, and corporate. It is involved in the exploration for mineral deposits. Its projects include North Queensland Project and Pilbara gold project. The North Queensland Project consists of South Johnstone Project. The Pilbara gold project is located in the prospective Pilbara Craton. The Pilbara gold project covers the northern half of the under-explored Rocklea Dome, and is considered to be greenfield's gold exploration play. The Pilbara gold project area straddles the northern half of the Rocklea Dome and encompasses a license area of approximately 200 square kilometers. The Pilbara gold project's license includes a gold-prospective granitoid-greenstone terrane assemblage that is in fault-contact with a bimodal volcanic suite that underlies the Fortescue Group sedimentary and volcanic sequence of the Hamersley Basin.