Moonlight Resources has commenced its first reverse circulation drilling campaign at the Goldfinger prospect in central Queensland.
The program aims to verify and extend high-grade gold mineralization at a site that has been dormant for years, with historical assays returning significant intercepts including 4 meters at 13.87 grams per tonne and 8 meters at 8.35 grams per tonne.
The move signals a strategic push to revive interest in legacy targets within the region.
By focusing on a prospect with known high-grade potential, the company is attempting to de-risk exploration costs while capitalizing on the current favorable environment for gold producers.
The maiden campaign represents a critical step in defining the resource potential of the Goldfinger asset.
This development aligns with a broader trend of renewed exploration activity in Queensland.