Announcement Date: 2022-06-06
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. 21m @ 0.44g/t Au, 1.9g/t Ag, 2.32% Cu from 113m
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 the ongoing RC drilling program at its flagship Mt Chalmers Project, located 17 km north-east of Rockhampton in Queensland (Figure 1). High-grade copper equivalent (CuEq) results have been intersected in the first three RC drill holes reported from the May drilling program including up to 4.7% CuEq in MCRC010 and 4.2% CuEq in MCRC009. Base and precious metal grades from the May drilling program can be seen in Table 2. The Company commenced RC drilling operations at Mt Chalmers in April 2022, completing twelve holes for 2,162 metres drilled. These holes represent the first stage of a planned 10,000 metre RC program. All drillholes were sampled at one metre intervals and samples showing visibly mineralised material were submitted to ALS Laboratories in Brisbane for assay. Holes and metres drilled from these drilling programs are summarised in Table 1. Completed drill hole locations are shown in Figure 2. Significant results from this recent Mt Chalmers drilling program are shown in Table 2.
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