Promising Results From Maiden Mt Chalmers Drilling Programme
QMines Limited (ASX:QML) has intersected outstanding high-grade copper, gold and silver results, including bonanza grades in its maiden diamond drilling programme from its Mt Chalmers Copper Project, located 17km north-east of Rockhampton in Queensland, Australia.
Chairman, Andrew Sparke, said Mt Chalmers has not been drilled since 1995 and the recent drill programme has delivered numerous high-grade intersections with bonanza grades including 0.75m @ 13.4% Cu, 6.11g/t Au and 31g/t Ag from 132.6m downhole from drillhole MCDD007 drilled during this diamond programme.
“Some outstanding results from our maiden diamond drilling program clearly validate the Company’s view that Mt Chalmers has significant development potential,” Mr Sparke said.
“Mt Chalmers has been dormant for over 25 years with QMines being the first company to drill a hole since 1995. Our technical team has delivered this diamond programme in a very quick timeframe.
“The company’s maiden RC drilling programme has also now commenced and we expect to continue delivering results that will lead to a resource update in the near future.”
Significant intersections from the assays of seven holes received to date include:
- 10.8m @ 2.08% Cu, 2.97g/t Au and 55g/t Ag from 54.2m
- 10.6m @ 2.06% Cu, 0.43g/t Au and 3g/t Ag from 133.8m
- 38.05m @ 1.55% Cu, 1.05g/t Au and 3g/t Ag from 132.6m
- 9.5m @ 1.91% Cu, 1.02g/t Au and 5g/t Ag within a broader intersection of 40.3m @
- 0.81% Cu, 0.41g/t Au and 2g/t Ag from 48.3m
- 6m @ 3.55% Cu, 1.03g/t Au and 5g/t Ag from 141.m to EOH
QMines has now completed an 11-hole diamond drilling programme for 1,587m, which commenced in Q1 2021 at the Mt Chalmers Copper Project.
The maiden diamond drilling programme was designed to validate historical drilling data compiled and digitised by the company over the previous six months since acquiring the project. All diamond drill holes have been drilled within the current resource shell envelope.
Drill hole MCDDH004 was abandoned before reaching target depth due to the drill string intersecting a void with the rig losing water return. MCDDH004 was re-drilled twenty metres to the south as DDH005 and reached the planned target depth. Drill hole MCDDH009 ended in mineralisation at the end of hole (EOH) with the drill hole not reaching target depth due to intersecting a void and losing water return.
QMines says it will expand exploration activity within the tenement package at Mt Chalmers applying systematic exploration methods designed to locate further undiscovered VHMS mineralisation.
Exploration drilling at Mt Chalmers has now commenced with a 3,000m RC programme being undertaken in and around the Mt Chalmers Copper Project. RC drilling will be ongoing for several weeks with all drilling designed to further validate historical drillhole data and as infill drilling to be used to expand and upgrade the current resource.
The company has engaged Planetary Geophysics to manage and deliver an extensive 1,800 line km REP-TEM airborne EM survey over the Mt Chalmers area extending both to the north-west and south-east of the Mt Chalmers mine covering an extensive area of the Berserker Beds. This survey is scheduled to commence in Q3-2021 and will be used in conjunction with all current data sets to define future potential VHMS drill targets.
Meanwhile, soil testing will continue and be expanded over much larger areas with extensive soil grids utilising Niton portable handheld PAS XRF which delivers real time base metal suite analysis.