# Deeper Mt Chalmers copper-gold hits frame a striking picture for QMines

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/deeper-mt-chalmers-copper-gold-hits-frame-a-striking-picture-for-qmines--4dba42c4-1116-47fe-90f5-c09a65d6e97e

Original source: https://stockhead.com.au/resources/deeper-mt-chalmers-copper-gold-hits-frame-a-striking-picture-for-qmines/

Publisher: stockhead

Original announcement: 2026-10-19T01:15:26.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-19T03:07:43.697Z

Atlas analysis updated: 2026-10-19T03:07:43.697Z

- Company: QMines

- Ticker: QML

- Exchange: Unavailable

- Region: central Queensland

- Primary commodity: Copper

- Secondary commodities: Gold, Zinc

- Document categories: Drill results, Resource update

- Extracted: 2026-10-19 03:07:44 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

QMines has reported high-grade copper-gold drill results from pontoon drilling beneath the Mt Chalmers pit in Queensland. The intercepts, including a 26.2m hit at 2% CuEq, are intended to support a forthcoming mining-ready resource update and metallurgical studies.

Reasoning: Strong high-grade intercepts \(up to 5.4% Cu\) in new pontoon drilling below the existing pit, providing material for a resource upgrade.

- Positive factor: High-grade copper-gold intercepts below the pit

- Positive factor: Consistent with VHMS deposit model

- Positive factor: Supports upcoming resource update and metallurgical studies

- Negative factor: Drilling difficulties led to abandonment of hole 26MCDD048

Facts used in scoring: 13

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Drilling beneath the pit and east/southeast of previous hits extends the known mineralisation.

Evidence · text

> More mineralisation encountered east and southeast of the standout hit

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release mentions diamond core and high-grade assays, implying standard protocols, though specific lab names are not in this snippet.

Evidence · text

> the diamond core showed semi-massive sulphides

## Extracted facts

Stored fact records: 13. Some facts used in scoring do not have a stored record.

## Drill Results (13)

### 26MCDD043

[Link to this fact](https://atlas-staging.minestarters.com/news/deeper-mt-chalmers-copper-gold-hits-frame-a-striking-picture-for-qmines--4dba42c4-1116-47fe-90f5-c09a65d6e97e#fact-drill-facts-0)

Mt Chalmers · copper

#### Identity

- Hole ID: 26MCDD043
- Project: Mt Chalmers
- Commodity: copper
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 1.3
- Grade Unit: %
- Intercept: 26.2 m
- From: 36.4 m
- To: 62.6 m
- Intercept Depth: 36.4 m

#### Classification

- Deposit Type: vms
- Program: resource
- Sample Type: drill
- Group ID: 26MCDD043:36.4-62.6
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 2
- Metal Eq. Unit: % CuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: Top hit from new pontoon drilling below the pit.

- Positive factor: Significant width and high grade

Evidence · text

> 26.2m at 1.3% copper and 0.7g/t gold \(2% copper equivalent\) from 36.4m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### 26MCDD043

[Link to this fact](https://atlas-staging.minestarters.com/news/deeper-mt-chalmers-copper-gold-hits-frame-a-striking-picture-for-qmines--4dba42c4-1116-47fe-90f5-c09a65d6e97e#fact-drill-facts-1)

Mt Chalmers · gold

#### Identity

- Hole ID: 26MCDD043
- Project: Mt Chalmers
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 0.7
- Grade Unit: g/t
- Intercept: 26.2 m
- From: 36.4 m
- To: 62.6 m
- Intercept Depth: 36.4 m

#### Classification

- Deposit Type: vms
- Program: resource
- Sample Type: drill
- Group ID: 26MCDD043:36.4-62.6
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 2
- Metal Eq. Unit: % CuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: Part of the primary high-grade intercept.

- Positive factor: High grade for the zone

Evidence · text

> 26.2m at 1.3% copper and 0.7g/t gold \(2% copper equivalent\)

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### 26MCDD043

[Link to this fact](https://atlas-staging.minestarters.com/news/deeper-mt-chalmers-copper-gold-hits-frame-a-striking-picture-for-qmines--4dba42c4-1116-47fe-90f5-c09a65d6e97e#fact-drill-facts-2)

Mt Chalmers · copper

#### Identity

- Hole ID: 26MCDD043
- Project: Mt Chalmers
- Commodity: copper
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 5.4
- Grade Unit: %
- Intercept: 2.4 m

#### Classification

- Deposit Type: vms
- Program: resource
- Sample Type: drill
- Group ID: 26MCDD043:sub-interval
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: High grade sub-interval within the main intercept.

- Positive factor: Bonanza grade copper

Evidence · text

> including 2.4m at 5.4% Cu

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### 26MCDD043

[Link to this fact](https://atlas-staging.minestarters.com/news/deeper-mt-chalmers-copper-gold-hits-frame-a-striking-picture-for-qmines--4dba42c4-1116-47fe-90f5-c09a65d6e97e#fact-drill-facts-3)

Mt Chalmers · gold

#### Identity

- Hole ID: 26MCDD043
- Project: Mt Chalmers
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 3.8
- Grade Unit: g/t
- Intercept: 2.4 m

#### Classification

- Deposit Type: vms
- Program: resource
- Sample Type: drill
- Group ID: 26MCDD043:sub-interval
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: High grade sub-interval within the main intercept.

- Positive factor: High grade gold

Evidence · text

> including 2.4m at 5.4% Cu and 3.8g/t Au

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### 26MCDD043

[Link to this fact](https://atlas-staging.minestarters.com/news/deeper-mt-chalmers-copper-gold-hits-frame-a-striking-picture-for-qmines--4dba42c4-1116-47fe-90f5-c09a65d6e97e#fact-drill-facts-4)

Mt Chalmers · copper

#### Identity

- Hole ID: 26MCDD043
- Project: Mt Chalmers
- Commodity: copper
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 0.7
- Grade Unit: %
- Intercept: 10.4 m
- From: 65.6 m
- To: 76 m
- Intercept Depth: 65.6 m

#### Classification

- Deposit Type: vms
- Program: resource
- Sample Type: drill
- Group ID: 26MCDD043:65.6-76
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: Lower grade intercept compared to the top hit.

- Positive factor: Identifies further mineralisation lower in the hole

Evidence · text

> 10.4m at 0.7% copper from 65.6m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### 26MCDD043

[Link to this fact](https://atlas-staging.minestarters.com/news/deeper-mt-chalmers-copper-gold-hits-frame-a-striking-picture-for-qmines--4dba42c4-1116-47fe-90f5-c09a65d6e97e#fact-drill-facts-5)

Mt Chalmers · copper

#### Identity

- Hole ID: 26MCDD043
- Project: Mt Chalmers
- Commodity: copper
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 2.3
- Grade Unit: %
- Intercept: 1.4 m

#### Classification

- Deposit Type: vms
- Program: resource
- Sample Type: drill
- Group ID: 26MCDD043:sub-interval
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: Sub-interval within the 10.4m intercept.

- Positive factor: High grade sub-interval

Evidence · text

> including 1.4m at 2.3% copper

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### 26MCDD047

[Link to this fact](https://atlas-staging.minestarters.com/news/deeper-mt-chalmers-copper-gold-hits-frame-a-striking-picture-for-qmines--4dba42c4-1116-47fe-90f5-c09a65d6e97e#fact-drill-facts-6)

Mt Chalmers · copper

#### Identity

- Hole ID: 26MCDD047
- Project: Mt Chalmers
- Commodity: copper
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 1.8
- Grade Unit: %
- Intercept: 7.6 m
- From: 42.1 m
- To: 49.7 m
- Intercept Depth: 42.1 m

#### Classification

- Deposit Type: vms
- Program: resource
- Sample Type: drill
- Group ID: 26MCDD047:42.1-49.7
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 3.2
- Metal Eq. Unit: % CuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: High grade intercept east of the main intersection.

- Positive factor: Strong CuEq grade

Evidence · text

> 7.6m at 1.8% Cu and 1.5g/t Au \(3.2% CuEq\) from 42.1m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### 26MCDD047

[Link to this fact](https://atlas-staging.minestarters.com/news/deeper-mt-chalmers-copper-gold-hits-frame-a-striking-picture-for-qmines--4dba42c4-1116-47fe-90f5-c09a65d6e97e#fact-drill-facts-7)

Mt Chalmers · gold

#### Identity

- Hole ID: 26MCDD047
- Project: Mt Chalmers
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 1.5
- Grade Unit: g/t
- Intercept: 7.6 m
- From: 42.1 m
- To: 49.7 m
- Intercept Depth: 42.1 m

#### Classification

- Deposit Type: vms
- Program: resource
- Sample Type: drill
- Group ID: 26MCDD047:42.1-49.7
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 3.2
- Metal Eq. Unit: % CuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: Part of the 7.6m intercept.

- Positive factor: Strong gold component

Evidence · text

> 7.6m at 1.8% Cu and 1.5g/t Au \(3.2% CuEq\) from 42.1m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### 26MCDD047

[Link to this fact](https://atlas-staging.minestarters.com/news/deeper-mt-chalmers-copper-gold-hits-frame-a-striking-picture-for-qmines--4dba42c4-1116-47fe-90f5-c09a65d6e97e#fact-drill-facts-8)

Mt Chalmers · copper

#### Identity

- Hole ID: 26MCDD047
- Project: Mt Chalmers
- Commodity: copper
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 3.1
- Grade Unit: %
- Intercept: 1.4 m

#### Classification

- Deposit Type: vms
- Program: resource
- Sample Type: drill
- Group ID: 26MCDD047:sub-interval
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 4
- Metal Eq. Unit: % CuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: High grade sub-interval in hole 26MCDD047.

- Positive factor: High grade sub-interval

Evidence · text

> A separate 1.4m interval in the same hole ran at 3.1% Cu and 1g/t Au \(4% CuEq\)

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### 26MCDD047

[Link to this fact](https://atlas-staging.minestarters.com/news/deeper-mt-chalmers-copper-gold-hits-frame-a-striking-picture-for-qmines--4dba42c4-1116-47fe-90f5-c09a65d6e97e#fact-drill-facts-9)

Mt Chalmers · gold

#### Identity

- Hole ID: 26MCDD047
- Project: Mt Chalmers
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 1
- Grade Unit: g/t
- Intercept: 1.4 m

#### Classification

- Deposit Type: vms
- Program: resource
- Sample Type: drill
- Group ID: 26MCDD047:sub-interval
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 4
- Metal Eq. Unit: % CuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: Part of the 1.4m sub-interval.

- Positive factor: Consistent gold grade

Evidence · text

> A separate 1.4m interval in the same hole ran at 3.1% Cu and 1g/t Au \(4% CuEq\)

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### 26MCDD048

[Link to this fact](https://atlas-staging.minestarters.com/news/deeper-mt-chalmers-copper-gold-hits-frame-a-striking-picture-for-qmines--4dba42c4-1116-47fe-90f5-c09a65d6e97e#fact-drill-facts-10)

Mt Chalmers · copper

#### Identity

- Hole ID: 26MCDD048
- Project: Mt Chalmers
- Commodity: copper
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 1
- Grade Unit: %
- Intercept: 13 m
- From: 50 m
- To: 63 m
- Intercept Depth: 50 m

#### Classification

- Deposit Type: vms
- Program: resource
- Sample Type: drill
- Group ID: 26MCDD048:50-63
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 1.5
- Metal Eq. Unit: % CuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: Moderate grade intercept in a hole that had to be abandoned.

- Positive factor: Identifies mineralisation south-southeast

- Negative factor: Drilling difficulties led to abandonment

Evidence · text

> returned 13m at 1% copper and 0.4g/t gold \(1.5% CuEq\) from 50m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### 26MCDD048

[Link to this fact](https://atlas-staging.minestarters.com/news/deeper-mt-chalmers-copper-gold-hits-frame-a-striking-picture-for-qmines--4dba42c4-1116-47fe-90f5-c09a65d6e97e#fact-drill-facts-11)

Mt Chalmers · gold

#### Identity

- Hole ID: 26MCDD048
- Project: Mt Chalmers
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 0.4
- Grade Unit: g/t
- Intercept: 13 m
- From: 50 m
- To: 63 m
- Intercept Depth: 50 m

#### Classification

- Deposit Type: vms
- Program: resource
- Sample Type: drill
- Group ID: 26MCDD048:50-63
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Metal Equivalent

- Metal Eq. Grade: 1.5
- Metal Eq. Unit: % CuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: Part of the 13m intercept in an abandoned hole.

- Negative factor: Drilling difficulties led to abandonment

Evidence · text

> returned 13m at 1% copper and 0.4g/t gold \(1.5% CuEq\) from 50m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### 26MCDD048

[Link to this fact](https://atlas-staging.minestarters.com/news/deeper-mt-chalmers-copper-gold-hits-frame-a-striking-picture-for-qmines--4dba42c4-1116-47fe-90f5-c09a65d6e97e#fact-drill-facts-12)

Mt Chalmers · copper

#### Identity

- Hole ID: 26MCDD048
- Project: Mt Chalmers
- Commodity: copper
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 1.5
- Grade Unit: %
- Intercept: 6 m

#### Classification

- Deposit Type: vms
- Program: resource
- Sample Type: drill
- Group ID: 26MCDD048:sub-interval
- Mining Method: underground

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-19T00:00:00.000Z

Reasoning: High grade sub-interval in an abandoned hole.

- Positive factor: High grade sub-interval

- Negative factor: Drilling difficulties led to abandonment

Evidence · text

> including 6m at 1.5% copper

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
