Extensive Gold Anomalies Strengthen Mt Mackenzie's Potential

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Stock Qmines Ltd (QML.ASX)
Release Time 12 Nov 2025, 8:55 a.m.
Price Sensitive Yes
 Extensive Gold Anomalies Strengthen Mt Mackenzie's Potential
Key Points
  • Large, coherent gold-arsenic-silver anomalies defined through reprocessing of historical soil samples
  • Advanced statistical re-analysis reveals previously obscured geochemical corridors and new drill-ready gold targets
  • Five priority anomalies identified with high-sulphidation signatures, pathfinder enrichment, and alteration indices
Full Summary

QMines Limited (ASX:QML) has announced that detailed reprocessing, standardisation and interpretation of multi-generation historical soil geochemistry has significantly advanced the geological understanding of the Mount Mackenzie Gold Project. The results define multiple coherent gold-arsenic-silver anomalies consistent with a high-sulphidation epithermal gold system developed along the Connors-Auburn Arc. These outcomes support previous interpretations that mineralisation at Mount Mackenzie forms part of a regionally extensive magmatic-hydrothermal corridor. The reprocessing and statistical normalisation of more than 3,000 historical soil samples has defined multiple, broad gold-silver-arsenic anomalies that are spatially consistent with key magnetic and structural features, pointing to a large, integrated hydrothermal system with several near-surface targets that remain completely untested by drilling. Five priority anomalies display strong high-sulphidation signatures, pathfinder enrichment and alteration indices typical of productive epithermal systems. These geochemical anomalies, delineating near-surface precious-metal dispersion haloes, are generally offset from the magnetic trends, reflecting the vertical and lateral separation between shallow alteration caps and deeper structural conduits. QMines is executing a staged, data-driven exploration program at Mount Mackenzie designed to expand the known gold system and validate both geochemical and geophysical targets across the mineralised corridor.

Outlook

QMines is executing a staged, data-driven exploration program at Mount Mackenzie designed to expand the known gold system and validate both geochemical and geophysical targets across the mineralised corridor. The multi-rig drilling campaign now underway is focused on expanding the North Knoll mineralised envelope, with follow-up drilling to target the broader geochemical and geophysical anomalies identified.