Alice Queen Ltd (ASX:AQX) managing director Andrew Buxton talked with Proactive’s Tylah Tully about the company’s latest developments, including progress at its Viani project in Fiji and updates on Horn Island in Queensland.
Buxton highlighted the recent drilling at Viani, noting promising early signs with core samples already sent to Australia for urgent assessment.
The company is targeting historic high-grade gold intercepts and expects initial results in the coming weeks.
Discussing the operating environment in Fiji, he emphasised its strong legal framework and favourable jurisdiction despite infrastructure challenges.
On Horn Island, Alice Queen continues to refine its 500,000-ounce resource with the help of external consultants, aiming to optimise the grade and reduce waste.
Buxton indicated that, given the strong gold price environment, the project remained a key long-term asset with the potential for development within the next few years.
Additionally, he elaborated on Alice Queen’s partnership with Gage Capital, a Beijing-based private equity firm holding a 51% stake.
Despite initial investor concerns, Buxton described Gage as a supportive, hands-off partner with significant mining sector experience.
With gold prices at record highs and strategic advancements underway, Alice Queen believes it is well-positioned for future growth.