The town has secured $400,000 in funding from the government to expand on its existing sale pens, which Mr Campbell told ABC north west could include revitalising some existing bull sale infrastructure.

"A lot of that old infrastructure got removed and the opportunity has still been there to entice and reinvigorate bull sales in Cloncurry, so we took the opportunity to make that happen," he said on Monday morning.

The complete number of new pens to be built will "be up to the final design, but we'll be aiming for at least 50," Mr Campbell said.

He said there would also be works to the adjoining infrastructure including a sale ring and auctioneers box.

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The mayor said the expansion would bring back bull sales, building on the areas reputation as the heart of cattle sales in the north west as well as providing a social outlet following the 2019 floods and the more recent COVID-19 pandemic.

"We know that we're the heart of the calf factories of north Queensland, so it's only right that the seed-stock sales should be in the heart of it.

"I think the key thing is to bring back the social element of a bull sale as well, that was one of the key things was to get people together.

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"We've seen 12 months in 2020 where we weren't allowed to get together."

Mr Campbell said the council would be working through the planning and design stages over the next few weeks with a mind to "stretch that money for every advantage", while they are waiting on discussions with the government to finalise the paper work and source a funding deed for the works.

He said the aim was to expand on the economic activity of the sale pens, but also provide a social outlet.