The Drummond Basin is a large intracratonic basin which developed in central Queensland during Late Devonian to Early Carboniferous times. It is postulated that the Drummond Basin developed as a foreland basin, to the west of a probable west dipping continental margin volcanic arc and subduction zone. The Drummond Basin sequence has been s,ibdivided into three tectono-sedirnentary cycles._x000D_
Cycle I forms the base of the sequence and comprises thick sequences of intermediate to felsic volcanics and proximal volcanolithic sediments. The volcanics, particularly in the northeast of the basin, occur in separate sub-basins around what were probably isolated eruptive centres. In contrast, the rocks of Cycle 2 and Cycle 3 have been deposited during episodes of broad, basin wide subsidence. Five major igneous episodes, some of which may be co-magmatic, are recorded in the eastern Drummond Basin and environs between the Late Devonian and the Early Permian. The first and second episodes occurred during the Late Devonian to Early Carboniferous and are represented by the volcanics in Cycle 1 and Cycle 3. The third episode involves the intrusion of granitoids of Early Carboniferous age into the Drummond Basin sequence. These occur in the Ukalunda area and are related to gold mineralisation at Ukalunda and Valhalla. Episode four includes the felsic volcanics of the Bulgonunna Volcanics. This episode does not appear to he broadly auriferous but gold mineralisation does occur in possible basal Bulgonunna Volcanics at Mount Coolon. The final episode includes a suite of granitic intrusives which intrude the Bulgonunna Volcanics and which are considered to be co-magmatic with them._x000D_
These intrusives do not appear to be generally associated with gold mineralisation. Gold mineralisation is widespread in the north- eastern Drummond Basin and environs. It is probable that the gold mineralisation is concentrated in epithermal cells during the Late Devonian to Early Carboniferous volcanic cycles. This style of mineralisation appears to be related to tectonic setting in modern analogues.