# QMines drilling returns standout 35m at 2.88pc copper hit at Mt Chalmers Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/qmines-drilling-returns-standout-35m-at-2-88pc-copper-hit-at-mt-chalmers--60b993e8-2566-495b-a06d-055966271b61 Original source: https://stockhead.com.au/resources/qmines-drilling-returns-standout-35m-at-2-88pc-copper-hit-at-mt-chalmers/ Publisher: stockhead Original announcement: 2026-08-18T02:58:13.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: QMines - Ticker: QML - Exchange: Unavailable - Region: Queensland - Primary commodity: Copper - Secondary commodities: Gold, Silver - Document categories: Drill results, Metallurgy - Extracted: 2026-08-20 10:26:09 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary QMines has reported high-grade copper drilling results at the Mt Chalmers project in Queensland, highlighted by a 35m intercept at 2.88% Cu. The results, which include gold and silver credits, exceed current block model predictions and will support upcoming DFS metallurgical and resource update work. Reasoning: Standout copper intercept of 2.88% over 35m exceeds local resource model expectations and provides high-quality metallurgical material for DFS. - Positive factor: high-grade copper intercept - Positive factor: grades exceed current block model - Positive factor: supports DFS metallurgical work Facts used in scoring: 13 ## Classification and evidence **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: Release mentions core samples undergoing testing at ALS Burnie and validation of assays. Evidence · text > Core samples from both holes are now undergoing comminution and flotation testwork at ALS Burnie **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: Drilling was performed within existing modelled mineralisation to support DFS. Evidence · text > Both diamond holes were completed within existing modelled mineralisation ## Extracted facts Stored fact records: 13. Some facts used in scoring do not have a stored record. ## Drill Results (13) ### 26MCRD002 [Link to this fact](https://atlas-staging.minestarters.com/news/qmines-drilling-returns-standout-35m-at-2-88pc-copper-hit-at-mt-chalmers--60b993e8-2566-495b-a06d-055966271b61#fact-drill-facts-0) Mt Chalmers · copper #### Identity - Hole ID: 26MCRD002 - Project: Mt Chalmers - Commodity: copper - Region: australia\_qld - Reported Region: Queensland - Ticker: QML #### Geometry - Grade: 2.88 - Grade Unit: % - Intercept: 35 m - From: 107 m - To: 142 m #### Classification - Program: resource - Sample Type: drill - Group ID: 26MCRD002:107.0-142.0 - Mining Method: unknown #### QA/QC - Laboratory: ALS Burnie - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-18T00:00:00.000Z Reasoning: 2.88% Cu over 35m is an exceptional intercept for this deposit type and exceeds local model expectations. - Positive factor: exceptional grade - Positive factor: exceeds block model ### 26MCRD002 [Link to this fact](https://atlas-staging.minestarters.com/news/qmines-drilling-returns-standout-35m-at-2-88pc-copper-hit-at-mt-chalmers--60b993e8-2566-495b-a06d-055966271b61#fact-drill-facts-1) Mt Chalmers · gold #### Identity - Hole ID: 26MCRD002 - Project: Mt Chalmers - Commodity: gold - Region: australia\_qld - Reported Region: Queensland - Ticker: QML #### Geometry - Grade: 0.75 - Grade Unit: g/t - Intercept: 35 m - From: 107 m - To: 142 m #### Classification - Program: resource - Sample Type: drill - Group ID: 26MCRD002:107.0-142.0 - Mining Method: unknown #### QA/QC - Laboratory: ALS Burnie - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-18T00:00:00.000Z Reasoning: 0.75 g/t Au accompanies a high-grade copper intercept. - Positive factor: accompanying gold credits ### 26MCRD002 [Link to this fact](https://atlas-staging.minestarters.com/news/qmines-drilling-returns-standout-35m-at-2-88pc-copper-hit-at-mt-chalmers--60b993e8-2566-495b-a06d-055966271b61#fact-drill-facts-2) Mt Chalmers · silver #### Identity - Hole ID: 26MCRD002 - Project: Mt Chalmers - Commodity: silver - Region: australia\_qld - Reported Region: Queensland - Ticker: QML #### Geometry - Grade: 3.3 - Grade Unit: g/t - Intercept: 35 m - From: 107 m - To: 142 m #### Classification - Program: resource - Sample Type: drill - Group ID: 26MCRD002:107.0-142.0 - Mining Method: unknown #### QA/QC - Laboratory: ALS Burnie - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-18T00:00:00.000Z Reasoning: 3.3 g/t Ag accompanies a high-grade copper intercept. - Positive factor: accompanying silver credits ### 26MCRD002 [Link to this fact](https://atlas-staging.minestarters.com/news/qmines-drilling-returns-standout-35m-at-2-88pc-copper-hit-at-mt-chalmers--60b993e8-2566-495b-a06d-055966271b61#fact-drill-facts-3) Mt Chalmers · copper #### Identity - Hole ID: 26MCRD002 - Project: Mt Chalmers - Commodity: copper - Region: australia\_qld - Reported Region: Queensland - Ticker: QML #### Geometry - Grade: 3.22 - Grade Unit: % - Intercept: 31 m - From: 110 m - To: 141 m #### Classification - Program: resource - Sample Type: drill - Group ID: 26MCRD002:110.0-141.0 - Mining Method: unknown #### QA/QC - Laboratory: ALS Burnie - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-18T00:00:00.000Z Reasoning: High-grade core of 3.22% Cu within the larger intercept. - Positive factor: high-grade core ### 26MCRD002 [Link to this fact](https://atlas-staging.minestarters.com/news/qmines-drilling-returns-standout-35m-at-2-88pc-copper-hit-at-mt-chalmers--60b993e8-2566-495b-a06d-055966271b61#fact-drill-facts-4) Mt Chalmers · gold #### Identity - Hole ID: 26MCRD002 - Project: Mt Chalmers - Commodity: gold - Region: australia\_qld - Reported Region: Queensland - Ticker: QML #### Geometry - Grade: 0.83 - Grade Unit: g/t - Intercept: 31 m - From: 110 m - To: 141 m #### Classification - Program: resource - Sample Type: drill - Group ID: 26MCRD002:110.0-141.0 - Mining Method: unknown #### QA/QC - Laboratory: ALS Burnie - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-18T00:00:00.000Z Reasoning: 0.83 g/t Au within the high-grade core. ### 26MCDD007 [Link to this fact](https://atlas-staging.minestarters.com/news/qmines-drilling-returns-standout-35m-at-2-88pc-copper-hit-at-mt-chalmers--60b993e8-2566-495b-a06d-055966271b61#fact-drill-facts-5) Mt Chalmers · copper #### Identity - Hole ID: 26MCDD007 - Project: Mt Chalmers - Commodity: copper - Region: australia\_qld - Reported Region: Queensland - Ticker: QML #### Geometry - Grade: 1.17 - Grade Unit: % - Intercept: 16 m - From: 66 m - To: 82 m #### Classification - Program: resource - Sample Type: drill - Group ID: 26MCDD007:66.0-82.0 - Mining Method: unknown #### QA/QC - Laboratory: ALS Burnie - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-18T00:00:00.000Z Reasoning: 1.17% Cu over 16m is a solid intercept. - Positive factor: strong intercept ### 26MCDD007 [Link to this fact](https://atlas-staging.minestarters.com/news/qmines-drilling-returns-standout-35m-at-2-88pc-copper-hit-at-mt-chalmers--60b993e8-2566-495b-a06d-055966271b61#fact-drill-facts-6) Mt Chalmers · gold #### Identity - Hole ID: 26MCDD007 - Project: Mt Chalmers - Commodity: gold - Region: australia\_qld - Reported Region: Queensland - Ticker: QML #### Geometry - Grade: 1.58 - Grade Unit: g/t - Intercept: 16 m - From: 66 m - To: 82 m #### Classification - Program: resource - Sample Type: drill - Group ID: 26MCDD007:66.0-82.0 - Mining Method: unknown #### QA/QC - Laboratory: ALS Burnie - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-18T00:00:00.000Z Reasoning: 1.58 g/t Au accompanies the copper intercept. ### 26MCDD007 [Link to this fact](https://atlas-staging.minestarters.com/news/qmines-drilling-returns-standout-35m-at-2-88pc-copper-hit-at-mt-chalmers--60b993e8-2566-495b-a06d-055966271b61#fact-drill-facts-7) Mt Chalmers · copper #### Identity - Hole ID: 26MCDD007 - Project: Mt Chalmers - Commodity: copper - Region: australia\_qld - Reported Region: Queensland - Ticker: QML #### Geometry - Grade: 4.22 - Grade Unit: % - Intercept: 2 m - From: 66 m - To: 68 m #### Classification - Program: resource - Sample Type: drill - Group ID: 26MCDD007:66.0-68.0 - Mining Method: unknown #### QA/QC - Laboratory: ALS Burnie - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-18T00:00:00.000Z Reasoning: High-grade 4.22% Cu sub-interval. - Positive factor: high-grade sub-interval ### 26MCDD007 [Link to this fact](https://atlas-staging.minestarters.com/news/qmines-drilling-returns-standout-35m-at-2-88pc-copper-hit-at-mt-chalmers--60b993e8-2566-495b-a06d-055966271b61#fact-drill-facts-8) Mt Chalmers · gold #### Identity - Hole ID: 26MCDD007 - Project: Mt Chalmers - Commodity: gold - Region: australia\_qld - Reported Region: Queensland - Ticker: QML #### Geometry - Grade: 5.38 - Grade Unit: g/t - Intercept: 2 m - From: 66 m - To: 68 m #### Classification - Program: resource - Sample Type: drill - Group ID: 26MCDD007:66.0-68.0 - Mining Method: unknown #### QA/QC - Laboratory: ALS Burnie - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-18T00:00:00.000Z Reasoning: 5.38 g/t Au sub-interval. - Positive factor: high-grade sub-interval ### 26MCDD007 [Link to this fact](https://atlas-staging.minestarters.com/news/qmines-drilling-returns-standout-35m-at-2-88pc-copper-hit-at-mt-chalmers--60b993e8-2566-495b-a06d-055966271b61#fact-drill-facts-9) Mt Chalmers · copper #### Identity - Hole ID: 26MCDD007 - Project: Mt Chalmers - Commodity: copper - Region: australia\_qld - Reported Region: Queensland - Ticker: QML #### Geometry - Grade: 0.84 - Grade Unit: % - Intercept: 21 m - From: 89 m - To: 110 m #### Classification - Program: resource - Sample Type: drill - Group ID: 26MCDD007:89.0-110.0 - Mining Method: unknown #### QA/QC - Laboratory: ALS Burnie - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-18T00:00:00.000Z Reasoning: 21m at 0.84% Cu is a broad mineralized zone. - Positive factor: broad zone ### 26MCDD007 [Link to this fact](https://atlas-staging.minestarters.com/news/qmines-drilling-returns-standout-35m-at-2-88pc-copper-hit-at-mt-chalmers--60b993e8-2566-495b-a06d-055966271b61#fact-drill-facts-10) Mt Chalmers · gold #### Identity - Hole ID: 26MCDD007 - Project: Mt Chalmers - Commodity: gold - Region: australia\_qld - Reported Region: Queensland - Ticker: QML #### Geometry - Grade: 0.83 - Grade Unit: g/t - Intercept: 21 m - From: 89 m - To: 110 m #### Classification - Program: resource - Sample Type: drill - Group ID: 26MCDD007:89.0-110.0 - Mining Method: unknown #### QA/QC - Laboratory: ALS Burnie - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-18T00:00:00.000Z Reasoning: 0.83 g/t Au accompanies the broad copper zone. ### 26MCRD002 [Link to this fact](https://atlas-staging.minestarters.com/news/qmines-drilling-returns-standout-35m-at-2-88pc-copper-hit-at-mt-chalmers--60b993e8-2566-495b-a06d-055966271b61#fact-drill-facts-11) Mt Chalmers · copper #### Identity - Hole ID: 26MCRD002 - Project: Mt Chalmers - Commodity: copper - Region: australia\_qld - Reported Region: Queensland - Ticker: QML #### Geometry - Grade: 10.45 - Grade Unit: % #### Classification - Program: resource - Sample Type: drill - Mining Method: unknown #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-18T00:00:00.000Z Reasoning: Individual assay of 10.45% Cu noted. - Positive factor: very high grade ### 26MCRD002 [Link to this fact](https://atlas-staging.minestarters.com/news/qmines-drilling-returns-standout-35m-at-2-88pc-copper-hit-at-mt-chalmers--60b993e8-2566-495b-a06d-055966271b61#fact-drill-facts-12) Mt Chalmers · gold #### Identity - Hole ID: 26MCRD002 - Project: Mt Chalmers - Commodity: gold - Region: australia\_qld - Reported Region: Queensland - Ticker: QML #### Geometry - Grade: 9.52 - Grade Unit: g/t #### Classification - Program: resource - Sample Type: drill - Mining Method: unknown #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-18T00:00:00.000Z Reasoning: Individual assay of 9.52 g/t Au noted. - Positive factor: very high grade ## 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.