Announcement Date: 2021-11-23
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: QMines Ltd.
Project name: Mt Chalmers
Location: Australia
Commodities: Gold,Silver,Copper
Highlight: Drilling results incl. 35.3m @ 2.75g/t Au, 4g/t Ag, 1.4% Cu from 96.4m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: QMines Limited (ASX:QML)(QMines or Company) is pleased to provide the following results from its current RC and diamond drilling programs at its flagship Mt Chalmers Project, located 17km north-east of Rockhampton in Queensland (Figure 1). Peak grades have been intersected in multiple drill holes from the diamond drilling program, including 11.75g/t Au and 5.3% Cu from MCDD030 and 1.15g/t Au, 243g/t Ag, 3% Cu, 19% Pb and 33% Zn from MCDD020. During October and November 2021, QMines has completed an additional fifteen diamond tails from RC pre-collars drilled with assay results from twelve holes having now been received for a total of 2,182 metres. The drilling program is now focussing on step out and extensional drilling outside the current resource. The current drilling program has completed three further diamond tails with drillholes MCDD034 and MCDD035 now underway and two drill rigs onsite in operation.
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