QMN 0.00% 16.8¢ queensland mining corporation limited

duck creek, page-26

  1. 948 Posts.
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    Could someone please explain?

    On the 29th July both QMN and GSE announce drilling to commence at Duck Creek.

    Today QMN release a price sensitive announcement re Duck Creek

    At one stage QMN up over 20% at the moment up over 10%.

    Part of the announcement states

    2. ‘Goldsearch’EPM 13336, QMN earning in to 70%.
    Drilling was carried out during July and August 2011 over the Forget-Me-Not area
    where 16 RC holes for a total of 1,095m were completed. The program was designed
    mainly to test the strike and down dip extensions of the known mineralization plus a
    newly mapped structural splay 50m off the main Forget-Me-Not trend in the north.
    Visible copper mineralization in the form of malachite and chalcopyrite was logged in
    10 out of the 16 holes with the widest interval of up to 10m (true width is about 70% of
    downhole width).

    Significant for GSE yet no announcement from GSE.
    Why?
 
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