QMN queensland mining corporation limited

Well I thought this was a pretty good announcement and am...

  1. 25,108 Posts.
    Well I thought this was a pretty good announcement and am surprised the market hasn't responded accordingly. I understand it's Christmas time but this is WAY oversold imo. Hopefully the new year will see a turning point for QMN. What else do you do??? Management need to beat that market drum a lot harder imo.
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  2. http://asx.com.au/asxpdf/20121218/pdf/42c04g4jp4yfbl.pdf

    ASX Release
    18 December 2012

    Further High Grade Copper and Gold at Greenmount

    Results from the final 8 RC infill holes drilled at Greenmount continue to confirm the consistent nature of the high grade copper and gold mineralisation

  3. Significant new copper results from the latest RC drilling at Greenmount included:

  4. GM12RC-23 14m at 1.9% Cu and 1.2g/t Au from 143m

  5. GM12RC-24 9m at 1.8% Cu and 0.8g/t Au from 62m
    and 6m at 1.4% Cu and 0.6g/t Au from 89m
    and 12m at 2.5% Cu and 1.4g/t Au from 100m

  6. GM12RC-25 23m at 1.4% Cu and 0.9g/t Au from 13m
    including 7m at 2.4% Cu and 1.7g/t Au from 21m

  7. GM12RC-27 24m at 1.5% Cu and 0.7g/t Au from 64m
    including 10m at 2.4% Cu and 0.8g/t Au from 70m

  8. GM12RC-28 9m at 1.4% Cu and 0.6g/t Au from 116m

  9. GM12RC-29 5m at 1.5% Cu and 0.7g/t Au from 126m

  10. GM12RC-30 4m at 2.6% Cu and 1.9g/t Au from 64m

    The drilling was successful in identifying addition mineralisation in a number of areas in the deposit and as such will have a positive impact on the Greenmount Resource.
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