Boadicea has successfully positioned itself in North Queensland with three applications / granted licences.
- Clarke Reward licence (EPM27834) in the Drummond Basin – granted in July 2021
- Mt Carmel licence (EPM27991) in the Drummond Basin
- West Ravenswood application (EPM27752) in the Charters Towers region.
Figure 1 Boadicea Tenement Location – North Queensland
The Drummond Basin / Charters Towers region of Northern Queensland has been identified by Boadicea Resources as highly prospective for epithermal and intrusive-related gold mineralisation and there remain opportunities for Boadicea to expand its position within the region. The Drummond Basin is a well-endowed mineral province with more than 7 million ounces of contained gold.
The Clarke Reward licence and Mt Carmel application are both in the Drummond Basin of North Queensland are highly prospective for epithermal and intrusive related gold mineralisation. Both Clarke Reward and Mt Carmel cover an area of 214km2 and is highlighted by a highly anomalous magnetic features in a structural position at the margin of the Drummond Basin and the Anakie Metamorphic complex.
The Clarke Reward licence is approximately 17km west of the Mt Coolon gold mine and the Mt Carmel application is approximately 12km south of the Wirralie deposit.
The proposed West Ravenswood application covers a total area of 117km2. It is located approximately 20km south-west of the Ravenswood gold mine.
Boadicea’s strategy and proposed work program for the West Ravenswood licence area covers the same geological units of the Ravenswood Granodiorite complex that are contiguous with and hosts the Ravenswood gold deposits, and proposed exploration is supported by the anomalous stream sediment samples mentioned.