Queensland Mining unveils plan to capitalise on gold recovery

ASX-listed junior Queensland Mining has set in motion a plan to divest of its noncore gold assets to capitalise on the recovering gold markets, while narrowing its focus to developing the White Range copper/gold project near Cloncurry. Queensland Mining announced on Tuesday that it had entered into an option agreement with Australian company Ausmex Mining to form a joint venture (JV) over the Gilded Rose, Mt Freda and Evening Star projects, also near Cloncurry.