QMines Limited (ASX: QML) has announced that its first drillhole at the Artillery Road prospect has intersected visible sulphide mineralization.
The Artillery Road prospect is a recently discovered regional target and forms part of the company’s flagship Mt Chalmers copper and gold project, located 17km north-east of Rockhampton, Queensland.
Following identification and ranking of electromagnetic (EM) anomalies by Mitre Geophysics, ground investigations at priority EM targets was undertaken. Field reconnaissance of three targets, VT01, 02, and 03 identified 700m of outcropping gossan with visible copper mineralization. A broad 400m x 250m zinc soil pXRF anomaly was also detected adjacent to the gossan and coincident with the main EM plate models.
QMines managing director, Andrew Sparke, commented, “What an excellent start to the regional drilling programmw. These results confirm that a new discovery has now be made at the Mt Chalmers project. The questions now are: how big could it get and how many more of these are there?”
“With over 30 electromagnetic anomalies still to test, QMines provides shareholders with significant leverage to further copper discoveries.”
Additionally, drilling has commenced to test these plate models and gossans utilizing the company owned RC drill rig. The first drillhole, ARRC001, targeted the primary plate model at the VT01 anomaly. This drillhole has successfully intersected 20m of sulphide-rich skarn mineralization within a 29m skarn envelope.
In the coming months, QMines expects to announce the remaining drilling results from the southwest extension of the Mt Chalmers deposit.
Also, it will continue drilling at the new “Artillery Road” discovery and announce maiden drilling results once received from ALS laboratories.
To find out more, please visit www.qmines.com.au
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