Company Interview / Green and Gold Minerals poised for growth as Chillagoe project ramps up

Gold prices are trading at record highs, giving Green & Gold Minerals (ASX:GGM) a boost following its recent listing. MD Quentin Hill expects that tailwind to continue due to ongoing global uncertainty, referencing Citibank forecasts projecting prices up to $4,500 USD per ounce for gold. Hill sees the current environment as extremely favourable for gold-focused companies, highlighting the strategic timing for Green & Gold Minerals’ growth ambitions.

Hill outlines the Chillagoe Gold Project in Queensland as the company’s flagship asset. With an existing resource of 32,000oz, efforts are underway to expand this figure to 100,000oz by Christmas, with a new mineral resource estimate and scoping study expected by Q2 next year. Hill points to the large-scale, intrusion-related system and the company’s two-pronged exploration strategy: expanding the Wando deposit and seeking new million-ounce gold systems within a local 3-million-ounce cluster. Hill emphasises that modern methods and a dedicated focus on gold differentiate Green & Gold Minerals from historical operators in the region.

The company’s portfolio also includes significant critical minerals such as fluorite and a rare earth element prospect called Nut Grove. Hill notes strong international and local interest in these assets, particularly fluorspar, and highlights enriched levels of high-value heavy rare earths like dysprosium and terbium, supporting diversified future growth prospects.

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