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Beaconsfield gold revival

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Beaconsfield mine in Northern Tasmania (AAP Image/Ross Marsden)

Gold exploration is set to resume at Northern Tasmania's Beaconsfield mine.

It's been a bumpy ride for the well-known pit which still holds an estimated $1.26 billion worth of the precious metal.

It came to prominence in 2006 when miner Larry Knight was killed in a rockfall which also trapped colleagues Brant Webb and Todd Russell, eventually closing in 2012.

The new owner NQ Minerals, which also owns the west coast's Hellyer Mine, has reached another milestone in its bid to resume operations, gaining permission for 2.1 kilometres of surface trenching.

Chairman David Lenigas says it'll kick-start an exciting new era at Beaconsfield, the trenching to precede a reverse circulation drill program due to start this quarter.