Announcement Date: 2022-07-25
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. 37m @ 2.76% Cu, 0.2g/t Au, 2.6g/t Ag from 144m
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 copper and gold project, located 17km north-east of Rockhampton, Queensland (Figure 1). Further high-grade copper equivalent (CuEq) results were received from the ten most recent RC drill holes (MCRC021- MCRC030) reported from the June – July drilling program. Peak grades of 17.28% CuEq (MCRC029) and 7.25% CuEq (MCRC023) were returned. Base and precious metal grades from the significant intercepts of the June – July drilling program are presented in Table 2. RC drilling operations continue at Mt Chalmers with the Company completing a further two RC holes for 450 metres since returning to site. Multiple drill pads have also been prepared at the southern end of the Mt Chalmers West Pit in preparation for resource extension drilling to the south. The holes drilled to date can be seen in Figure 2 and represent the continuation of the RC drilling program. Planned holes and holes completed from the June-July drilling
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