Diversified Mining and Resources Pty Limited

Diversified Mining and Resources is the mineral exploration division of Diversified Property Group.

Vision

providing the elements required to create a sustainable future

Mission

To prove up and develop critical mineral mining projects that will provide the minerals for a sustainable future.

Copper (Cu) and other rare earth elements are the building blocks of that sustainable future

Thorium (Th) and Uranium (U) will power that sustainable future

 

Strategic Planning

Diversified Mining and Resources is focussed on the Palmer River Region of Cape York Queensland. The area was made famous during the 1873 Gold Rush for its alluvial gold in the 'River of Gold'. The area has only been explored to shallow depths as past explorers were looking for shallow alluvial deposits. New technology has enabled the company to look to greater depths without the need of drilling. This new technology aerial magnetics has been deployed and has resulted in the identification of significant targets. 

Diversified Mining and Resources will continue to use this technology to identify additional targets.

Following suitable geological review, the company will then develop a drilling program to unlock the potential of these resources. 

Diversified Mining and Resources is likely to find gold, but the company is focussed on critical minerals including copper (Cu) tin (Sn) tungsten (W) and other rare earth elements.

Business Strategy

Diversified Mining and Resources is focused on the discovery and development of economic mineral deposits in primary geological settings to deliver company and shareholder value.

Project Development
Diversified Mining and Resources is excited about the development potential for its significant identified Palmerville resources in Queensland. It will continue to carry out its exploration program to firm up and clearly identify the potential of these resources.
Community
Diversified Mining and Resources recognises the history of this region and the role that the Western Yalanji people have played. Diversified Mining and Resources acknowledges and participates in working with Western Yalanji Rangers while on Palmerville Station.  
 
 
 

Cattle Creek EPM 27912, Palmerville Station

Diversified Mining and Resources is excited to further explore the Cattle Creek EPM area following the successful completion of aerial geophysics, which identified two significant anomalies. Magnetics and reports and sampling reports are available.

 

Fish Creek EPM 27607, Palmerville Station

The Fish Creek EPM is a significant area of Palmerville Stations mineral rights.

Aerial geophysics is planned for the 2023 dry season, followed by further investigation of anomalies during the year.

Cattle Creek EPM 27912

 

 

Site 1  is a topographical high caused by the presence of a breccia pipe. Samples taken and mapped include a variety of breccias, some with quartz matrix and clasts. Large angular to sub angular quartz clasts in silica flood matrix are common suggesting and explosive even. Of most interest is an iron rich breccia picked up as float which contains clasts of porphyry. Also collected from the hill was a sample of stockwork.

Site 2 follows the ridge line and around three historical drill holes. Three historical collars were located along this ridge which were initially considered to be Bruce Resources. However subsequent mapping, including the georeferencing an old map indicates that these correspond to drill collars PV18, 19 and 20. A number of samples were taken along this ridge line including from quartz sheet veins and A veins, iron rich (ex-sulphides) and altered sediments.

Site 3 A large vuggy quartz vein outcrops at the road in this area. The quartz vein was followed down the ridge towards DP006, a quartz vein containing sulphides and magnetite. Interestingly DP006 sits on the margin of the magnetic high and is along strike from the outcropping quartz blow.

25 samples in total for assay. The attached map with the Magnetic overlay and historical drilling marked.