re: Ann: Sub- Audio Magnetics (SAM) Survey co...
"QMC is very encouraged by the attached survey results. Given the success of a similar SAM survey undertaken by Cudeco in the adjoining Rocklands Copper-Gold Project. The geological management team is actively organizing a drilling program encompassing 38 drill hole locations across the 4 target areas with cumulative strike length of 2,600metres as set out in figure 1. The Company is pleased to confirm that the report has identified that the orientation of the targets also display a strike of approximately 310 degree which is the same as the major mineralised trends at the adjoining Rocklands copper gold project."
Good news and should move SP higher, although much of the gain has prob been factored in by yesterday
QMN Price at posting:
39.5¢ Sentiment: LT Buy Disclosure: Held
