Heron wades in after elusive minnows

Now that Conquest Mining has all but won the takeover battle for small goldminer North Queensland Metals , the twist in the tale that Drill & Blast can reveal is how close Heron Resources came to being a white knight.

Those who have followed the battle will recall that NQM informed the market at the start of the month that it had received an approach from a party other than Conquest and rival bidder Heemskirk Consolidated.