Qmines Reports High-Grade Copper Results at Mt Chalmers
Key points
- 26MCRD005 intersected a 44m zone of copper mineralization
- 26MCDD013 returned high-grade semi-massive sulphide mineralization
- Assays pending for 19 holes, expected to continue strong news flow
Full summary
Qmines Ltd. is progressing a 10,000m multi-rig drilling campaign at Mt Chalmers, supporting the Definitive Feasibility Study (DFS) and testing extensions to the copper-gold deposit. Highlights include a 44m zone of copper mineralization from hole 26MCRD005, with intervals up to 5.52% Cu, and high-grade semi-massive sulphide mineralization from hole 26MCDD013, returning 11.73% Zn, 6.85% Pb, 1.35% Cu, 7.11g/t Au, and 60.6g/t Ag. Assays are pending on 19 holes for 2,314m, with two rigs continuing, expected to generate strong news flow through to year-end.
Guidance
Asssays pending on 19 holes for 2,314m
Outlook
QMines expects strong news flow through to year end.
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