The drilling to date has confirmed the presence of multiple high-grade copper zones in Young Australian, most of which still remain open beyond the current pit floor (maximum depth of 48 metres) and along strike.
These high grade intercepts, recorded below the previously mined orebodies, clearly show that there is very good potential for re-establishing a viable mining operation on the historically very productive Young Australian orebodies. We are particularly encouraged that the Young Australian deposit will support the overall development of our other significant resources in the nearby White Range Project,??
?X 40m @ 2.31% Cu from 58m, including 8m @ 5.09% Cu and 8.85g/t Ag from 68m, plus 1m @ 20.5% Cu, 36.7g/t Ag and 518 ppm Co from 86m in YA10RC01 ?X 13m @ 2.15% Cu and 2.09g/t Ag from 15m in YA10RC02 ?X 21m @ 1.86% Cu and 2.87g/t Ag from 74m in YA10RC04 ?X 13m @ 2.35% Cu from 8m, including 8m @ 3.58% Cu from 10m 28m @ 1.08% Cu from 76m, and 6m @ 1231ppm Co from 99m in YA10RC06, ?X 13m @ 1.66% Cu from 14m plus 26m @ 0.84% Cu from 82m in YA10RC07 ?X 18m @ 1.41% Cu and 2.33g/t Ag from 23m in YA10RC10 ?X 24m @ 1.09% Cu and 2.41g/t Ag from 37m in YA10RC16 ?X 13m @ 1.46% Cu and 3.65g/t Ag from 18m plus 19m @ 1.48% Cu and 6.67g/t Ag from 97m, including 6m @ 3.66% Cu, 15.82g/t Ag from 252ppm Co in YA10RC18
Good Trading
QMN Price at posting:
9.5¢ Sentiment: Buy Disclosure: Held
