GOLDEN BEND PROJECT - PALMER RIVER REGION - ALLUVIAL MINING LEASES

Diversified Mining and Resources is offering exclusive access to premium mining lease opportunities on the legendary Palmer River in North Queensland. Known as The River of Gold, this historically rich area continues to produce exceptional results, making it one of Australia's most sought-after gold mining destinations.

Golden Bend Project Overview

The Golden Bend Project comprises five contiguous Mining Lease Applications (MLAs) located within the historic Palmer River Goldfield on Palmerville Station, Queensland. These leases collectively cover a total area of 287 hectares and form the foundation of Diversified Mining and Resources' staged alluvial and eluvial gold development strategy.

MLA.                     Mining Lease Application.        Area (ha).        Location.                           Land Title.              
ML100444 Golden Bend – 1 67 Palmerville Station 14 SP 250040
ML100445  Golden Bend – 2 69 Palmerville Station 14 SP 250040
ML100456 Golden Bend – 3 54 Palmerville Station 14 SP 250040
ML100457 Golden Bend – 4 44 Palmerville Station 14 SP 250040
TBA Golden Bend – 5 53 Palmerville Station 14 SP 250040

 

All five applications sit within the same registered land parcel (Lot 14 on SP250040) known as Palmerville Station, and benefit from consistent geological structures, shared infrastructure access, and a unified development strategy. The staged application and exploration program allows for operational scalability, while minimising environmental and logistical complexity.

 

 

Unlocking the Next Phase of Gold Discovery in the Palmer River Region

Uncovering the Gold Potential of the Golden Bend Project
With exclusive access to historical and proprietary sampling data, Diversified Mining and Resources has assembled a highly qualified team—including a seasoned prospector, mine development consultant, and experienced geologists—to lead the exploration of the Golden Bend Project.

Through years of dedicated fieldwork and analysis, our team has identified multiple zones of economically significant gold mineralisation. These include extensive alluvial and eluvial deposits, as well as primary hard rock sources—all situated within a geologically favourable corridor of the renowned Palmer River goldfields.

To validate the potential of these deposits, the team conducted systematic pan sampling of stream channels and hillside wash zones, along with targeted rock chip sampling from auriferous quartz outcrops. The collected samples were then processed and tested through manual methods and small-scale milling, confirming the presence of recoverable gold in both unconsolidated and hard rock formations. This robust methodology underpins the project's strong potential for commercial development.

Strategic Joint Venture and Project Development
Building on the success of early exploration efforts, Diversified Mining and Resources Pty Ltd (DMR) entered into a formal joint venture agreement to further advance the Golden Bend Project.

Through this partnership, DMR secured:

  • Exclusive access to a comprehensive archive of historical sampling data

  • Specialist support for lease pegging, exploration planning, and field operations

  • Assistance in designing and implementing a targeted alluvial sampling program

  • Expert consultancy for progressing the mining lease application, plant site design, and the selection of a gravity recovery circuit

The sampling methodology developed as part of this collaboration was specifically tailored to replicate the performance of the gravity recovery system intended for use on-site. This field-based approach ensures that sampling results accurately reflect realistic gold recovery potential—rather than idealised laboratory-only yields—while maintaining a low environmental footprint and ensuring compatibility with the ongoing operations of the surrounding cattle station.

The Golden Bend Project has now been formally lodged with the Department of Resources on behalf of Diversified Mining and Resources Pty Ltd, marking a significant milestone in transitioning from exploration to production planning.

 

 

GOLDEN BEND SAMPLE RESULTS SUMMARY

For ML specific results, please see the detailed results below

ML100444

Below is a summary of the pan sample results from the primary alluvial zone.

Sample Number.    Grade (g/m³).     Description
1 0.37 Pan sample 30L
2 0.41 Pan sample 30L
3 0.29 Pan sample 30L
4 0.34 Pan sample 30L

Average grade: 0.3525 g/m³

ML100445

Below is a summary of the pan sample results from the primary alluvial zone.

Sample Number   Grade (g/m³).       Description
1 0.29 Pan sample 30L
2 0.34 Pan sample 30L
3 0.22 Pan sample 30L
4 0.37 Pan sample 30L
5 0.49 Pan sample 30L

Average grade: 0.342 g/m³

ML100446

Below is a summary of the pan sample results from the primary alluvial zone.

Sample Number     Grade (g/m³).        Description.            
1 0.30 Pan sample 30L
2 0.31 Pan sample 30L
3 0.35 Pan sample 30L
4 0.51 Pan sample 30L
5 0.27 Pan sample 30L
6 0.35 Pan sample 30L

Average grade: 0.348 g/m³

ML100447

Below is a summary of the pan sample results from the primary alluvial zone.

Sample Number.     Grade (g/m³).     Description.            
1 0.40 Pan sample (30L)
2 0.31 Pan sample (30L)
3 0.30 Pan sample (30L)
4 0.37 Pan sample (30L)
5 0.43 Pan sample (30L)

 

Average grade:  0.362 g/m³

 

Golden Bend 5 - Coming Soon

Below is a summary of the pan sample results from the primary alluvial zone.

Sample Number.     Grade (g/m³).     Description.            
1 TBA Pan sample (30L)
2 TBA Pan sample (30L)
3 TBA Pan sample (30L)
4 TBA Pan sample (30L)
5 TBA Pan sample (30L)

Landholder Compensation Agreements

All mining leases within the Golden Bend Project, including Golden Bend 1 through 5, are underpinned by formally executed Landholder Compensation Agreements. These agreements represent a critical component of the project’s readiness and operational certainty.

The agreements provide:

  • Fixed annual compensation amounts, offering financial clarity for both parties

  • Secure access to water resources, including the right to construct a dam on adjoining land to support mining and rehabilitation activities

  • A bundled annual fee structure that covers:

    • Biosecurity inspections

    • Water quality monitoring

    • Savanna burning program contributions

    • Administrative and compliance costs

By securing these agreements early, Diversified Mining and Resources Pty Ltd (DMR) has mitigated the risk of future delays caused by litigation or prolonged negotiation, ensuring a clear and cooperative pathway to development.

The certainty provided by these agreements demonstrates strong landholder relations and supports DMR’s commitment to responsible, collaborative, and sustainable mining.

 

Native Title

Diversified Mining and Resources Pty Ltd (DMR) is committed to operating in accordance with Australia’s Native Title legislation and respectfully engaging with Traditional Owners.

All mining leases within the Golden Bend Project are located within areas under the custodianship of the Western Yalanji People. DMR is in the process of finalising Right to Negotiate Agreements with the Western Yalanji Aboriginal Corporation (WYAC), the Registered Native Title Body Corporate (RNTBC) representing the Traditional Owners.

These agreements will provide:

  • Legal clearance of all mining lease applications under the Native Title Act

  • Certainty of annual costs and fees, including cultural heritage management

  • A structured framework for ongoing consultation, access, and land use protocols

By proactively entering into these agreements, DMR ensures the project proceeds with transparency, mutual respect, and compliance with all cultural and statutory obligations. The company looks forward to a long-term, collaborative relationship with the Western Yalanji People that supports both economic development and cultural heritage preservation.

Area Location - Palmer River - Palmerville 

General Area Information

The mining lease application area is situated approximately four hours' drive west of Cairns, a major regional hub in Far North Queensland.

The nearest town centre is Mareeba, located around 150 kilometres to the southeast. The application is positioned within the boundaries of Palmerville Station and lies on the 1:100,000 Maytown topographic map sheet.

The landscape is characteristic of the Hodgkinson Formation, featuring rugged stony hills and ridges intersected by a fine-textured dendritic drainage network. Central to the application area are elevated ridgelines rising to approximately 340 metres above sea level, standing 30–40 metres above the surrounding terrain.

The topography is defined by tropical savannah woodland interspersed with vegetated hills and seasonal watercourses.

Vegetation in the region is dominated by stunted eucalypt species and speargrass—typical of northern Australian savannah ecosystems. Larger tree species such as river gums, paperbarks, and tea-trees are generally confined to major creeks and riverbeds.

Climatically, the region experiences a pronounced wet season from January to April, driven by summer storms and the influence of the north-west monsoon. The area receives an average annual rainfall of approximately 1,500 mm. Temperatures range from a minimum monthly average of 15°C in July to a maximum of 34°C during the hotter months between October and January. Due to the seasonal rainfall concentration, exploration activities are generally limited during the peak of the wet season, particularly between January and March.

 

 

 

 Geological and Historical Context

The mining lease application area lies within the Hodgkinson Formation, part of the Hodgkinson Province in Far North Queensland. This geologically rich formation is primarily composed of laterally discontinuous arenites, siltstones, and shales, interbedded with minor conglomerates, chert, basalt, and limestone. These sedimentary sequences are interpreted as the result of turbidity current deposits in a deep-water submarine fan system, formed during the Devonian period (Bain & Draper, 1997).

Over time, the formation has been subjected to multiple phases of both brittle and ductile deformation, ranging from early isoclinal folding and protomylonite development to later-stage, steeply plunging folds and reverse faulting (Dugdale, 1989). Cratonisation occurred in the Early Permian, following extensive magmatic activity including the emplacement of granitic plutons and widespread volcanic episodes.

One of the most significant regional geological structures influencing the area is the Palmerville Fault, which demarcates the boundary between the Proterozoic Dargalong Metamorphics to the west and the Siluro-Devonian sediments to the east. This fault system played a critical role in controlling sedimentation along the western margin of the province (Shepherd, 1992).

The regional geology is further intruded by large Permian–Carboniferous granitic bodies, notably the Whypalla Supersuite and the Cannibal Creek Granite. These igneous intrusions, along with isoclinal folding and major north-northwest–south-southeast trending structural lineaments, have shaped the mineralisation framework of the region.

Mineralisation and Production History

The Hodgkinson Formation hosts widespread and diverse mineralisation. Notable historic production centres include the Herberton–Irvinebank tin field, and the Palmer River and Hodgkinson goldfields. Mineral occurrences within the region include:

  • Gold, typically in epigenetic quartz vein systems hosted in fissures, reverse faults, laminated veins, stockworks, and breccia zones.

  • Tungsten, primarily as wolfram and scheelite.

  • Molybdenum, commonly found as molybdenite, often in association with gold veins.

  • Antimony, occurring as stibnite, frequently as a minor gold associate.

  • Base metals, such as copper, lead, and zinc, particularly in sub-volcanic environments like the OK Mine.

The gold mineralisation is often associated with limonite, pyrite, arsenopyrite, galena, sphalerite, chalcopyrite, and stibnite. Although alluvial gold has historically dominated production figures, the region also hosts significant hard rock gold potential, particularly around Maytown and the Hodgkinson field.

Production Highlights

The Palmer River catchment, which includes the current application area, has yielded over 1.3 million ounces of gold, with more than 90% sourced from alluvial deposits. In contrast, approximately 90% of the 300,000 ounces historically produced from the Hodgkinson field were derived from hard rock sources.

Historic hard rock operations include:

  • Tyrconnel Mine

  • Kingsborough and Thornborough mining clusters

  • Big A Antimony Mine, which produced antimony in the late 1800s and still features heritage infrastructure such as a brick smelter chimney

In the modern era, various mining companies have undertaken further development:

  • Solomon Mines processed gold from the Tregoora region in the 1980s–90s, producing less than 20,000 oz from deposits such as Black Knight, Sleeping Giant, Retina, and Rainbird.

  • A 100ktpa CIP plant was established at Minnie Moxham (Northcote area) in the late 1980s, producing around 3,500 oz of gold.

  • In 1991–92, Nittoc Mining Corporation treated 78,246 tonnes of oxide ore at an average of 5.2 g/t Au, recovering approximately 12,000 oz of gold.

These operations have since ceased, and the areas have been rehabilitated.

 

Historical Exploration and Mining

The region surrounding the current mining lease application has a long and well-documented history of exploration and gold production, dating back to the 19th century and continuing through to the modern era.

Modern Exploration Activity

Over the past several decades, the area has attracted significant exploration interest from major mining companies, including BHP, Placer, Western Mining Corporation, Huston Minerals, and Republic Gold Limited. Republic Gold, which listed on the ASX in 2003, conducted approximately 16,000 metres of drilling in the area. By 2009, the company had published a resource estimate before shifting its focus to other assets.

To the south of the current application area, Territory Minerals holds tenements with a JORC-compliant gold resource of over 200,000 ounces. Their exploration has involved extensive drilling campaigns, providing a valuable reference point for potential mineralisation trends in the broader district.

Despite this activity, regional exploration remains limited, particularly in terms of identifying new structural gold targets. The application area and its surrounds have seen very little modern geophysical work, such as high-resolution magnetics or Induced Polarisation/Resistivity (IP/Res) surveys, which are essential for delineating gold-bearing structures in this geological setting. This lack of systematic geophysical mapping presents a significant opportunity for greenfield discovery, especially in an area where known structural controls are closely associated with mineralisation.

Historical Mining Legacy

The area is steeped in gold mining history, beginning with the famed Palmer River Gold Rush of the 1870s. Several rushes occurred within close proximity to the application site, including:

  • Sandy Creek Rush (3 km west)

  • Oaky Creek Rush (7 km southwest)

  • Perdies Camp Rush (3 km south)

  • Dogleg Creek Rush (2 km east)

These early discoveries led to a proliferation of small-scale gold operations, with over 100 historical mining leases, primarily focused on alluvial gold extraction, registered in the surrounding region.

From the 1970s to the 1990s, larger-scale alluvial mining operations were carried out by companies such as AUR, ADR, and Cambrian Resources, particularly along Sandy, Oaky, and Dogleg Creeks. These operations significantly contributed to the gold output of the region and demonstrated the viability of scalable gold recovery in this terrain.

Today, over 30 granted Mining Leases (MLs) and Mining Lease Applications (MLAs) remain active in the area, underscoring the ongoing interest in the mineral potential of this historic goldfield.

 

 

 Other Significant Mining Operations in the Region

The area surrounding the current mining lease application is part of a highly active and resource-rich corridor in Far North Queensland, hosting several advanced mining operations and exploration projects. These projects highlight the strong mineral endowment and continuing investment in the region’s mining sector:

  • Mungana Gold-Copper Mine – Actus Resources
    Operating a 700,000 tonne per annum (Mtpa) processing plant, Mungana includes a fine grind circuit and copper flotation capabilities, supporting high-efficiency recovery of polymetallic ores.

  • Mount Garnet Copper Mine – Consolidated Tin Mines Ltd
    A key regional base metals operation producing copper concentrate, which is trucked to the port of Townsville for export. The site also contributes significantly to regional employment and infrastructure.

  • Mount Carbine Tungsten Project – EQ Resources
    One of Australia’s most significant tungsten projects, Mount Carbine is undergoing active feasibility studies and exploration drilling beneath the historical open pit. Mining operations recommenced in 2023, with a focus on reprocessing stockpiles and expanding hard rock production.

  • Dianne Copper Mine – Revolver Resources
    A high-grade historical copper deposit currently undergoing exploration and resource definition, with recent drilling programs targeting extensions to known mineralisation.

  • Territory Minerals
    Actively engaged in exploration and feasibility studies on tenements south of the current application area, Territory Minerals has already established a JORC-compliant gold resource exceeding 200,000 ounces, demonstrating the ongoing potential of the region’s mineral systems.

These projects, in conjunction with historical production and ongoing exploration, position the broader region as a strategic mining corridor with strong logistical, geological, and economic potential. The presence of processing infrastructure and transport routes further enhances development opportunities for new discoveries such as those being progressed by Diversified Mining and Resources Pty Ltd.

 

Sampling Methodology

Precision Techniques to Validate Recoverable Gold Potential

Over the past 20 years, our prospecting partner has conducted extensive exploration and manual sampling of alluvial and hard rock deposits across Australia. His work spans a wide range of commodities, including critical minerals, base and precious metals, and rare earth elements—with a strong emphasis on gold exploration and project development throughout North Queensland.

His methodology was specifically designed to determine recoverable gold rather than total gold content—an important distinction in alluvial operations, where a portion of the gold may be locked in sulphides such as pyrite and therefore uneconomical to extract using gravity methods alone.

Each sample was collected and processed following this rigorous, field-based procedure:

  1. Excavation to Bedrock
     A test pit was manually excavated using pick and shovel to reach bedrock.

  2. Profile Sampling
     A consistent vertical profile sample was scraped from the entire wall of the excavation and collected into a 30-litre bucket.

  3. Screening
     Material was screened down to minus 3 mm. Nuggets exceeding 3 mm were recorded separately but not included in grade calculations to avoid skewing results.

  4. Panning & Concentration
     The screened material was panned down to a fine concentrate using traditional gravity techniques.

  5. Smelting & Assay
     - The concentrate was mixed with borax at a 2:1 ratio
     - Smelted using an induction furnace
     - Poured and cooled into gold buttons
     - Weighed to determine gold content

The grade for each sample was calculated using the following formula:
(Gold weight in grams ÷ 30 litres) × 1000 = Grade in g/m³

This hands-on method delivers highly reliable, real-world data on gold recoverability under gravity circuit conditions—offering a more accurate picture of potential economic returns than laboratory-based assays alone.

GOLDEN BEND 1 - ML100444

Alluvial Gold Resource

Golden Bend 1, the subject of this application, covers an area of approximately 67 hectares, and includes a well-defined, previously unmined alluvial deposit of approximately 11.3 hectares, with an estimated volume of 137,860 bulk cubic metres (BCM). It also contains an adjacent 3-hectare eluvial hill slope zone, which has been identified as prospective for gold-bearing wash, though volumetric estimates are yet to be fully established.

Alluvial Gold Resource

The Golden Bend 1 lease within the Golden Bend Project encloses a well-defined alluvial gold deposit that follows approximately 2.9 kilometres of historical stream channel. The deposit covers a surface area of approximately 11.3 hectares, with an average depth of 1.22 metres, resulting in an estimated resource volume of 137,860 bulk cubic metres (BCM).

 (Weight of gold button in grams / 30 litres) × 1000 = Grade in g/m³

This method avoids the inherent inaccuracies of standard lab assays, which often overestimate recoverable values by including refractory gold (such as gold locked in pyrite) not recoverable in gravity or sluice-based alluvial operations.

Sample Results

Below is a summary of the pan sample results from the primary alluvial zone at Golden Bend 1:

Sample Number.    Grade (g/m³).     Description
1 0.37 Pan sample 30L
2 0.41 Pan sample 30L
3 0.29 Pan sample 30L
4 0.34 Pan sample 30L

Figure: Alluvial sample data (average grade: 0.3525 g/m³)

These results are consistent and indicative of a recoverable alluvial deposit, with grades suitable for economic development using a gravity-based recovery circuit.

 Eluvial Gold Deposit

In addition to the defined alluvial resource, the Golden Bend 1 lease contains a prospective eluvial gold deposit situated across hillside slopes and flats between the primary alluvial channel and the known auriferous quartz vein systems. This eluvial zone is interpreted to represent residual gold concentrations derived from the in-situ weathering of nearby hard rock sources.

The area of interest spans over 10 hectares of terrain that exhibits favourable geomorphological and geological characteristics for eluvial gold accumulation. These include:

  • Moderate to steep slopes below quartz vein exposures

  • Natural drainage paths conducive to secondary gold concentration

  • Proximity to known alluvial deposits with verified recoverable grades

 

The integration of eluvial gold extraction into the broader Golden Bend 1 mining workflow presents a significant upside opportunity, with the potential to extend mine life and increase total gold yield from the lease.

Sample Locations

The image below shows the mapped positions of alluvial sample sites within the lease boundary of Golden Bend 1: 

Sample Locations

The image below illustrates the mapped location of sample sites across the alluvial deposit within Golden Bend 2:

GOLDEN BEND 2 - ML100445 

Rationale and Proof of Resource

Golden Bend 2 is one of five adjoining mining lease applications that make up the Golden Bend Project, a focused alluvial and eluvial gold development initiative led by Diversified Mining and Resources Pty Ltd (DMR) within the historically rich Palmer River Goldfield.

This specific lease application encompasses approximately 69 hectares, including a defined alluvial gold deposit covering 19.7 hectares of surface area, with an estimated in-situ volume of 137,860 bulk cubic metres (BCM). Adjacent to this is a 3-hectare eluvial hill slope zone, interpreted to host additional gold-bearing material, though the total volume of this eluvial component is yet to be established.

Resource Development Strategy

The resource at Golden Bend 2 will be developed using a phased, low-impact approach that mirrors DMR’s commitment to efficient, environmentally responsible gold recovery. The sampling, resource estimation, and plant design process are tailored specifically to replicate conditions of a gravity-based recovery system, ensuring that the project reflects realistic operational recovery rates rather than over-reliance on laboratory assay results.

Details of the sampling methodology, assay results, gold grade estimates, and eluvial development strategy are outlined in the following sections.

Alluvial Gold Resource 

The Golden Bend 2 lease hosts a well-defined and previously unmined alluvial gold deposit, aligned along approximately 2.5 kilometres of ancient stream channel. The deposit covers a surface area of 19.7 hectares, with an average depth of 1.39 metres, translating to a calculated resource volume of 273,830 bulk cubic metres (BCM).

(Gold weight in grams / 30L) × 1000 = Grade in g/m³

This method was deliberately chosen to avoid the overstatement of grades that can occur when using lab-based assays, which may include unrecoverable gold (e.g., gold bound in pyrites) not accessible by typical alluvial processing.

Sample Results

Sample Number   Grade (g/m³).       Description
1 0.29 Pan sample 30L
2 0.34 Pan sample 30L
3 0.22 Pan sample 30L
4 0.37 Pan sample 30L
5 0.49 Pan sample 30L

Figure: Alluvial sample data – average grade: 0.342 g/m³

These consistent sample grades confirm the presence of recoverable free gold and support the case for commercial-scale gravity recovery operations.

Eluvial Gold Deposit 

In addition to its well-defined alluvial system, the Golden Bend 2 lease hosts a highly prospective eluvial gold resource located across hill slopes and flats that lie between the mapped auriferous quartz veins and the adjacent alluvial deposit. This transitional zone is geologically favourable for eluvial gold accumulation, representing a residual gold layer formed through the in-situ weathering and downslope movement of material from nearby hard rock sources.

The eluvial area covers more than 10 hectares of terrain, characterised by:

  • Slope geometry ideal for gold deposition

  • Proximity to quartz-rich source rocks

  • Elevated positions above the defined alluvial channel

    The inclusion of eluvial material provides potential for extended mine life and enhanced gold yield beyond that estimated for the alluvial deposit alone, with development to occur as part of the staged extraction plan for Golden Bend 2.

GOLDEN BEND 3 - ML100446

Rationale and Proof of Resource

Golden Bend 3 is one of five contiguous mining lease applications forming part of the strategically aligned Golden Bend Project, led by Diversified Mining and Resources Pty Ltd (DMR) within the historically productive Palmer River Goldfield.

This lease application covers approximately 54 hectares and includes:

  • An unmined alluvial gold deposit across 13.7 hectares of surface area, with a calculated volume of 179,470 bulk cubic metres (BCM)

  • An adjacent eluvial deposit extending over an estimated 7 hectares of hillside wash, with volume yet to be defined

Strategic Development Approach

The project team has adopted a phased development approach across the Golden Bend leases, with Golden Bend 3 earmarked for near-term assessment following the commencement of operations at Golden Bend 1 and 2. The scale and configuration of the alluvial resource within this lease presents a strong case for stand-alone or integrated development, supported by favourable topography and proximity to existing infrastructure.

The eluvial zones are also considered highly prospective, located downslope from quartz-rich ridgelines and likely to contain significant residual gold concentrations. These areas will be progressively assessed and developed concurrently with the alluvial mining program, allowing for efficient resource extraction without the need for separate mobilisation or early-stage investment.

Detailed sampling methodology, assay results, and spatial mapping will be provided in the subsequent sections.

Alluvial Gold Resource

The Golden Bend 3 lease contains a clearly delineated alluvial gold deposit, aligned along approximately 2.35 kilometres of paleo-stream channel. This deposit spans a surface area of 13.7 hectares, with an average depth of 1.31 metres, resulting in a calculated in-situ volume of 179,470 bulk cubic metres (BCM).

(Gold weight in grams ÷ 30L) × 1000 = Grade in g/m³

This method avoids false inflation of grades from refractory gold locked in pyrites or sulphides, which cannot be recovered via alluvial sluicing or gravity systems.

Sample Results

Sample Number     Grade (g/m³).        Description.            
1 0.30 Pan sample 30L
2 0.31 Pan sample 30L
3 0.35 Pan sample 30L
4 0.51 Pan sample 30L
5 0.27 Pan sample 30L
6 0.35 Pan sample 30L

Average grade: 0.348 g/m³

These results demonstrate consistency across the deposit, with grades suitable for recovery using low-impact, scalable gravity systems. The presence of >0.5 g/m³ in some areas offers potential for selective high-grade zones.

Sample Locations

This clearly defined resource zone, combined with favourable access and adjacent lease continuity, positions Golden Bend 3 as a valuable contributor to the staged development strategy of the Golden Bend Project.

Certainly. Here's a refined and professional version of the Eluvial Gold Deposit section for Golden Bend 3, aligned with the broader tone and technical standards used in previous sections:

Eluvial Gold Deposit 

The Golden Bend 3 lease also contains a significant eluvial gold resource situated across a series of gently sloping hills and flat areas located between mapped auriferous quartz veins and the adjacent alluvial channel. These terrain features are highly favourable for the accumulation of eluvial gold, formed through the long-term weathering and downslope migration of gold from nearby hard rock sources.

The prospective eluvial area extends across more than 15 hectares, presenting a substantial opportunity for supplementary gold recovery alongside the primary alluvial operation.

While this eluvial zone has not yet been volumetrically defined or systematically sampled, its geological context—proximity to known quartz veins and gold-bearing structures—supports its potential to host economically recoverable gold.

Due to the manual effort required for hillside sampling and limited accessibility, no standalone sampling program was undertaken. Instead, Diversified Mining and Resources has adopted a progressive development strategy, whereby eluvial material will be:

  • Evaluated and selectively mined during alluvial operations

  • Processed through the same plant and recovery circuit

  • Sampled in real time to quantify grade and extend resource confidence

This integrated approach ensures cost-effective resource definition and minimal operational disruption, while allowing the project to unlock additional gold yield from areas that would otherwise be economically marginal if targeted in isolation.

Sample Locations

The image below shows the mapped distribution of alluvial sample points within the Golden Bend 3 lease boundary:

 

 

 

Sample Location Overview

The sample points were recorded via GPS and plotted onto aerial imagery to demonstrate spatial coverage across the alluvial plain.
See Figures: Alluvial Sample Data & Alluvial Sample Locations

 

GOLDEN BEND 4 - ML100447

Rational and proof of resource

The Golden Bend 4 lease contains a well-defined alluvial gold deposit situated along a 2.9 km section of stream channel, covering an area of approximately 11.3 hectares. The deposit has been assessed to an average depth of 1.22 metres, with an estimated volume of 137,860 bulk cubic metres (BCM) of gold-bearing alluvial material.

Between 2002 and 2025, extensive prospecting and sampling were undertaken using a proven hands-on methodology to determine actual recoverable gold grades, rather than simply total contained gold, which can often be misleading due to the presence of refractory minerals such as pyrite.

Sampling Methodology

Each sample was collected by excavating down to bedrock using hand tools. The full depth of the alluvial profile was carefully recorded, and material was scraped evenly from the excavation walls to ensure a representative sample. This material was collected into 30-litre buckets, screened to minus 3mm, and all larger nuggets were recorded separately (but not included in grade calculations).

The -3mm material was then panned down to concentrate, bagged, labelled, and the GPS location recorded. At the processing stage, the concentrate was mixed with twice its volume in borax and smelted in an induction furnace. The resulting gold "button" was weighed, and grade was calculated using the following formula:

Grade (g/m³) = (gold weight in grams ÷ 30L) × 1000

This technique was deliberately chosen over laboratory assay to better reflect the true gravity-recoverable gold. Conventional assays can often overestimate value by including non-recoverable gold locked in sulphides, which is not representative of what can be captured through alluvial gravity-based processing.

Sampling Results

The following table summarises the results of the 30L pan sampling program conducted across the lease:

Sample Number.     Grade (g/m³).     Description.            
1 0.40 Pan sample (30L)
2 0.31 Pan sample (30L)
3 0.30 Pan sample (30L)
4 0.37 Pan sample (30L)
5 0.43 Pan sample (30L)

Average grade: 0.362 g/m³

These consistent grades across a representative spread of the lease area support the presence of a widespread, uniform, and economically viable alluvial gold resource.

Certainly. Here's a professionally rewritten version of the Eluvial Gold Deposit section for inclusion on the Diversified Mining and Resources website:

Eluvial Gold Deposit 

In addition to the established alluvial resource, Golden Bend 4 also contains a significant eluvial gold prospect located on the hill slopes and flats between the auriferous quartz vein system and the mapped alluvial channel.

While the exact size and grade of the eluvial deposit are yet to be quantified, initial field assessments indicate that over 10 hectares of terrain are geologically favourable for eluvial gold accumulation. These areas lie downslope from known gold-bearing quartz outcrops and are positioned in ideal settings for gravity-driven gold migration and concentration.

Due to the compacted nature of the slope material and the limitations of hand sampling, targeted eluvial testing was deferred during the early exploration phase. Instead, a decision was made to incorporate eluvial sampling and evaluation concurrently with alluvial mining operations, where mechanical equipment can more efficiently expose and process the material.

This approach ensures a more accurate and cost-effective assessment of the eluvial potential, while also providing flexibility in expanding the resource base as part of the staged development strategy for the Golden Bend Project.

 

GOLDEN BEND 5 - COMING SOON

Film and Television, Books and Publications of Palmer River Gold Fields

https://www.palmerville.com.au/books-and-television

 

The following television series — Parker’s Trails (a spin-off of the Gold Rush series) and Aussie Gold Hunters — were filmed on the Palmer River goldfields, including locations on Palmerville Station and the adjoining Palmer Resources Reserve.

Links to these episodes are provided to offer context regarding the area's historical significance, resource history, topography, and climate. Please note that the results depicted in these television programs are not independently verified and are shared solely to illustrate the setting and historical relevance of the region.

 

The global television series Gold Rush and the offshoot series of Parkers Trails have filmed on the Palmer River and with the iconic Fitzgerald Family. Below is a series of clips and episodes featuring Palmerville Station, The Palmer River, The Fitzgeralds mining operations and the Historic Maytown Ruins. 

The full episodes are available on various streaming platforms.

Season 7, Season 8 and Season 9 filmed on location at Palmerville Station

Jacqui and Andy - Palmerville's local celebrities

The Team from All 4 Adventure visit Palmerville Station in the K'Gari to Gold Season. 

More shorts and links will be made available as aired on TV. 

visit the All 4 Adventure web site for more details

Coming Soon

The Team at Off the Grid - Coming Soon

Coming Soon