Announcement Date: 2022-10-25
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: QMines Ltd.
Project name: Mt Chalmers
Location: Australia
Commodities: Gold,Silver,Copper,Lead,Zinc
Highlight: Drilling results incl. 37m at 3.14g/t Au, 7.4g/t Ag, 0.82% Cu, 0.14% Pb, 0.3% Zn from 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 update on exploration and resource drilling operations at its flagship Mt Chalmers Copper and Gold Project, located 17km north-east of Rockhampton, Queensland (Figure 1). In September 2022, the Company completed a fifteen-hole RC drilling program at the Woods Shaft Exploration Target and at Mt Chalmers for 1,635 metres drilled. The Company has now received the results from eight of the eleven holes drilled at Woods Shaft, and three of the four holes drilled at Mt Chalmers. Results from four holes (QMWRC009-11 from Woods Shaft and MCRC049 from Mt Chalmers) drilled during September are awaited. The samples are currently at ALS Laboratory and are expected in the coming weeks. Base and precious metal results from Woods Shaft (holes QMWRC001-008) and Mt Chalmers (MCRC046-48) RC drilling can be seen in Table 2, with Woods Shaft drill collar locations shown in Figures 2 and Mt Chalmers collar locations shown in Figure 3.
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