QMines Ltd (ASX:QML)'s Andrew Sparke talks up recent assays results with Proactive’s Andrew Scott. The QML Chairman talks about how the latest results demonstrate the quality of the deposit as recent drilling unearths high grade copper and gold. Last week the company released results from nine holes at its flagship Mt Chalmers Project in Queensland. The reverse circulation (RC) drilling fielded multiple wide and high-grade copper-gold hits of up to 5.1% copper equivalent. Results included: 69 metres at 2% copper equivalent from 137 metres, including 16 metres at 5.1% from 137 metres and 4 metres at 3.9% from 163 metres. Sparke says the company has built real momentum as drilling continues, with another lot of assays due from a further eight holes. Drilling will continue over the coming months as QML looks to get its third resource upgrade out next quarter and move towards a resource.
QMines’ latest results move it close to third resource upgrade
