Hokey moley! And this is still $35mils market cap company! Come...

Hokey moley! And this is still $35mils market cap company! Come the resource upgrade I expect it to multiply.

Special Report
On October 6, 2021
QMines’ Mt Chalmers reveals big growth potential with wide, bonanza grade copper-gold-zinc hits outside resource

The once-producing Mount Chalmers mine in Queensland is proving there is still plenty of valuable, high-grade resources left to find, and it’s more than just copper and gold.

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The once-producing Mount Chalmers mine in Queensland is proving there is still plenty of valuable, high-grade resources left to find, and it’s more than just copper and gold.

QMines (ASX:QML) has reported ‘bonanza’ grade copper, gold, silver, lead and zinc intercepts from resource expansion drilling at its Mount Chalmers copper and gold project, northeast of Rockhampton in Queensland.

Several holes drilled outside of the current resource returned impressive assays peaking at 11.65% copper, 41.51 grams per tonne (g/t) gold, 224 g/t silver, 33.9% zinc and 6.18% lead.

Mount Chalmers is already recognised as being one of the highest-grade gold-rich volcanic-hosted massive sulphide (VHMS) systems in the world.

And it is on track to host a much bigger resource after infill drilling uncovered new mineralisation outside of the current inferred resource of 3.9 million tonnes at 1.15% copper, 0.81 g/t gold and 8.4 g/t silver.