About Our Gold Mining Company
We are the lawful holders of Mining License, ML 100132 issued in October 2018 over 220.9 hectares of the Cheltenham Station for the purposes of Gold and mineral extraction.
What We Do
Gold Mining
Our company specialises in Gold Mining in Queensland Australia and the maintance of a 220 hectare mining lease tennement.
Innovative Equipment
We conduct R&D to develop new methodologies to extract microfine gold.
Custom Design
We maintain our environmental obligations and develop new Carbon Credits for sale and revenue creation.
About Coonambula Resources Group
Coonambula Resources Group Pty Ltd (“CRG”) ABN 51 607 591 168 commenced business as a permitted Quarry changed the material use of our Permit in 2015. The company is the holder of Mining License ML100132 for licensed Gold and mineral extraction projects.
Our Board and management team is made up of qualified and experienced professionals with many years’ experiences in the Corporate Governance, Surveying and heavy industry vehicle operation within the Mining and Extractive Industries. In the fourth quarter (Q4) 2021, we undertook a and completed a merger and invited new investment from interested parties close to this industry. with this step, we recovered from the two (2) years of Covid 19 which had effects on businesses world-wide.
In the fourth quarter (Q4) 2021, we undertook a and completed a merger and invited new investment from interested parties close to this industry. with this step, we recovered from the two (2) years of Covid 19 which had effects on businesses world-wide.
Our Mining License covers approximately 220 hectares of land and we estimate there is over 200,000,000 cubic metres of treatable material from which we may be able to potentially extract Gold.
Alluvial Gold
Alluvial Gold” refers to the type of gold dust found in that kind of soil or sand.
Under our Mining License ML100132, we have a mineral resource project made up of a paleo glacial till (or channel) located on the “Cheltenham Station” Cheltenham Road, Eidsvold 4627 Queensland (“the Project). This is about 25 kms east of Eidsvold in Wide Bay Burnett Region, Queensland.
Our Gold Project site is situated in a horticulturally developed area of Queensland and has attributes sufficient to operate as long term stone products extraction project with associated low yield high volume mineral processing and alluvial gold recovery. When we commence our operations in 2023, we will extract alluvial material for processing. No hard rock and no underground mining will occur as we understand at this time in the project’s history.
Our Gold Mining Project will operate on an initial site of approximately 7.5 sq. kms with an average depth of 10 metres to around 12 metres across an area of 600 acres. The Alluvial Gold resource will require specialised extraction technology to minimise water use which is scarce on our tenement.
Extraction Resource Profile ML 100132
Eco Friendly Gold Mining
The company endeavors to maintain good eco management practices including adhereance to the requirement of our Environment Permit BRMN0050.
Microfine Gold Preservation
The comoany has placed much time and research and development into the extraction of microfine gold from the alluval material on the tennement.
Investor Ready
The company is seeking new Investors to provide working capital to move to, and expand gold extraction in parallel to our assay gold projections.
Years Established
Gold Mining Projects
Field Workers
Office Staff
“The company is investor ready and is moving to gold extraction of the assay projected troy ounces from Q2 2026. Over the last years since the global pandemic, management have ensured that our corporate governance and mining site management have maintained compliance and are in good standing for the betterment of all shareholders”
Gregory P.E. Hannan – Managing Director