QMines Ltd (ASX:QML) has begun an airborne VTEM Max electromagnetic (EM) survey at its flagship Mt Chalmers Copper-Gold Project, 17 kilometres northeast of Rockhampton in central Queensland.
The 1,814-kilometre survey involves a helicopter flying during daylight hours and is designed to identify further VHMS deposits and provide additional information to help guide future exploration.
Notably, the data acquired from this survey will map the extent of geological features including rocks, faults, soil types and landforms.
To date, the survey is about 8% complete and is expected to be completed by early February, subject to weather conditions.
“Hunt for potential Mt Chalmers repeats”
QMines executive chairman Andrew Sparke said: “The commencement of the electromagnetic survey at Mt Chalmers is an exciting development for our shareholders.
“After extensive advertising and consultation with the community, it is great to see the survey now underway.
“The survey is designed to assist in the identification of further VHMS targets of the prospective Beserker Beds and will provide a significant amount of quality data to help guide future exploration as we commence our hunt for potential Mt Chalmers repeats.”
Forward plan
The next steps at Mt Chalmers include:
- Updated metallurgical test work for the Mt Chalmers deposit.
- Delivery of a pit optimisation study leading to the announcement of a maiden ore reserve statement.
- Complete the planned scoping study on the Mt Chalmers Project assessing the potential for a standalone mining operation.
- Complete the current VTEM™ Max airborne Electromagnetic survey allowing the analysis, ranking and drilling of new anomalies.
- Begin drilling prospective regional targets.