# QMines wins big with 32m at 1.99pc copper hit at Mt Chalmers Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/qmines-wins-big-with-32m-at-1-99pc-copper-hit-at-mt-chalmers--2bf98f8a-c432-4fae-a771-888281d0fbd9 Original source: https://stockhead.com.au/resources/qmines-wins-big-with-32m-at-1-99pc-copper-hit-at-mt-chalmers/ Publisher: stockhead Original announcement: 2026-08-31T03:16:33.000Z 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, Zinc - Document categories: Drill results, Resource update - Extracted: 2026-08-31 05:03:52 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary QMines has reported significant drill results at Mt Chalmers, including a 32m copper intercept at 1.99% Cu and the highest gold and silver grades to date. The results highlight both a deeper copper-rich feeder zone and a shallower polymetallic VHMS lens. Reasoning: Significant high-grade copper, gold, and silver intercepts reported, extending the known mineralized footprint and providing high-grade core details. - Positive factor: broad copper intersection - Positive factor: high-grade core identified - Positive factor: highest gold and silver grades to date - Positive factor: VHMS system continuity - Negative factor: analytical interference from barite noted Facts used in scoring: 12 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: The results represent new high-grade intercepts in the current drilling program. Evidence · text > QMines' latest Mt Chalmers assays have delivered a broad copper zone and the program's highest gold and silver grades to date. **Deleterious Elements Present** Polarity: negative Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release. Why it applies: High barite content is causing analytical interference for silver, lead, and zinc grades. Evidence · text > silver, lead and zinc grades between 68m and 76m may be understated because of analytical interference from high barite content ## Extracted facts Stored fact records: 12. Some facts used in scoring do not have a stored record. ## Drill Results (12) ### Fact 1 [Link to this fact](https://atlas-staging.minestarters.com/news/qmines-wins-big-with-32m-at-1-99pc-copper-hit-at-mt-chalmers--2bf98f8a-c432-4fae-a771-888281d0fbd9#fact-drill-facts-0) Mt Chalmers · copper Needs review: drill\_no\_hole\_id #### Identity - Project: Mt Chalmers - Commodity: copper - Region: australia\_qld - Reported Region: Queensland - Ticker: QML #### Geometry - Grade: 1.99 - Grade Unit: % - Intercept: 32 m - From: 138 m - To: 170 m #### Classification - Sample Type: drill - Group ID: null:138-170 #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-31T00:00:00.000Z Reasoning: 32m at 1.99% Cu is a substantial and high-grade intercept for this system. - Positive factor: broad intersection - Positive factor: strong grade Evidence · text > 32m at 1.99% copper, 0.39g/t gold and 2.6g/t silver from 138m ### Fact 2 [Link to this fact](https://atlas-staging.minestarters.com/news/qmines-wins-big-with-32m-at-1-99pc-copper-hit-at-mt-chalmers--2bf98f8a-c432-4fae-a771-888281d0fbd9#fact-drill-facts-1) Mt Chalmers · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Mt Chalmers - Commodity: gold - Region: australia\_qld - Reported Region: Queensland - Ticker: QML #### Geometry - Grade: 0.39 - Grade Unit: g/t - Intercept: 32 m - From: 138 m - To: 170 m #### Classification - Sample Type: drill - Group ID: null:138-170 #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-31T00:00:00.000Z Reasoning: Gold grade accompanies the broad copper intercept. Evidence · text > 32m at 1.99% copper, 0.39g/t gold and 2.6g/t silver from 138m ### Fact 3 [Link to this fact](https://atlas-staging.minestarters.com/news/qmines-wins-big-with-32m-at-1-99pc-copper-hit-at-mt-chalmers--2bf98f8a-c432-4fae-a771-888281d0fbd9#fact-drill-facts-2) Mt Chalmers · silver Needs review: drill\_no\_hole\_id #### Identity - Project: Mt Chalmers - Commodity: silver - Region: australia\_qld - Reported Region: Queensland - Ticker: QML #### Geometry - Grade: 2.6 - Grade Unit: g/t - Intercept: 32 m - From: 138 m - To: 170 m #### Classification - Sample Type: drill - Group ID: null:138-170 #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-31T00:00:00.000Z Reasoning: Silver grade accompanies the broad copper intercept. Evidence · text > 32m at 1.99% copper, 0.39g/t gold and 2.6g/t silver from 138m ### Fact 4 [Link to this fact](https://atlas-staging.minestarters.com/news/qmines-wins-big-with-32m-at-1-99pc-copper-hit-at-mt-chalmers--2bf98f8a-c432-4fae-a771-888281d0fbd9#fact-drill-facts-3) Mt Chalmers · copper Needs review: drill\_no\_hole\_id #### Identity - Project: Mt Chalmers - Commodity: copper - Region: australia\_qld - Reported Region: Queensland - Ticker: QML #### Geometry - Grade: 4.18 - Grade Unit: % - Intercept: 7 m - From: 152 m - To: 159 m #### Classification - Sample Type: drill - Group ID: null:152-159 #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-31T00:00:00.000Z Reasoning: Significant high-grade copper sub-interval within the larger intercept. - Positive factor: high-grade core Evidence · text > 7m at 4.18% copper from 152m ### Fact 5 [Link to this fact](https://atlas-staging.minestarters.com/news/qmines-wins-big-with-32m-at-1-99pc-copper-hit-at-mt-chalmers--2bf98f8a-c432-4fae-a771-888281d0fbd9#fact-drill-facts-4) Mt Chalmers · copper Needs review: drill\_no\_hole\_id #### Identity - Project: Mt Chalmers - Commodity: copper - Region: australia\_qld - Reported Region: Queensland - Ticker: QML #### Geometry - Grade: 11.3 - Grade Unit: % - Intercept: 1 m #### Classification - Sample Type: drill - Group ID: null:unknown #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-31T00:00:00.000Z Reasoning: Extremely high grade single-meter assay. - Positive factor: exceptional grade Evidence · text > individual 1m assay peaking at 11.3% copper ### Fact 6 [Link to this fact](https://atlas-staging.minestarters.com/news/qmines-wins-big-with-32m-at-1-99pc-copper-hit-at-mt-chalmers--2bf98f8a-c432-4fae-a771-888281d0fbd9#fact-drill-facts-5) Mt Chalmers · copper Needs review: drill\_no\_hole\_id #### Identity - Project: Mt Chalmers - Commodity: copper - Region: australia\_qld - Reported Region: Queensland - Ticker: QML #### Geometry - Grade: 2.14 - Grade Unit: % - Intercept: 7 m - From: 163 m - To: 170 m #### Classification - Sample Type: drill - Group ID: null:163-170 #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-31T00:00:00.000Z Reasoning: Strong copper intercept at the base of the zone. Evidence · text > 7m at 2.14% copper and 1g/t gold from 163m ### Fact 7 [Link to this fact](https://atlas-staging.minestarters.com/news/qmines-wins-big-with-32m-at-1-99pc-copper-hit-at-mt-chalmers--2bf98f8a-c432-4fae-a771-888281d0fbd9#fact-drill-facts-6) Mt Chalmers · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Mt Chalmers - Commodity: gold - Region: australia\_qld - Reported Region: Queensland - Ticker: QML #### Geometry - Grade: 1 - Grade Unit: g/t - Intercept: 7 m - From: 163 m - To: 170 m #### Classification - Sample Type: drill - Group ID: null:163-170 #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-31T00:00:00.000Z Reasoning: Gold grade accompanies the copper intercept. Evidence · text > 7m at 2.14% copper and 1g/t gold from 163m ### Fact 8 [Link to this fact](https://atlas-staging.minestarters.com/news/qmines-wins-big-with-32m-at-1-99pc-copper-hit-at-mt-chalmers--2bf98f8a-c432-4fae-a771-888281d0fbd9#fact-drill-facts-7) Mt Chalmers · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Mt Chalmers - Commodity: gold - Region: australia\_qld - Reported Region: Queensland - Ticker: QML #### Geometry - Grade: 5.63 - Grade Unit: g/t - Intercept: 1 m #### Classification - Sample Type: drill - Group ID: null:unknown #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-31T00:00:00.000Z Reasoning: High grade single-meter assay. - Positive factor: highest gold grade to date Evidence · text > including 1m at 5.63g/t gold ### Fact 9 [Link to this fact](https://atlas-staging.minestarters.com/news/qmines-wins-big-with-32m-at-1-99pc-copper-hit-at-mt-chalmers--2bf98f8a-c432-4fae-a771-888281d0fbd9#fact-drill-facts-8) Mt Chalmers · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Mt Chalmers - Commodity: gold - Region: australia\_qld - Reported Region: Queensland - Ticker: QML #### Geometry - Grade: 2.08 - Grade Unit: g/t - Intercept: 25 m - From: 56 m - To: 81 m #### Classification - Sample Type: drill - Group ID: null:56-81 #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-31T00:00:00.000Z Reasoning: Broad high-grade gold intercept in a shallower lens. - Positive factor: highest gold grade to date Evidence · text > 25m at 2.08g/t gold, 92g/t silver, 2.56% zinc and 0.19% copper from 56m ### Fact 10 [Link to this fact](https://atlas-staging.minestarters.com/news/qmines-wins-big-with-32m-at-1-99pc-copper-hit-at-mt-chalmers--2bf98f8a-c432-4fae-a771-888281d0fbd9#fact-drill-facts-9) Mt Chalmers · silver Needs review: drill\_no\_hole\_id #### Identity - Project: Mt Chalmers - Commodity: silver - Region: australia\_qld - Reported Region: Queensland - Ticker: QML #### Geometry - Grade: 92 - Grade Unit: g/t - Intercept: 25 m - From: 56 m - To: 81 m #### Classification - Sample Type: drill - Group ID: null:56-81 #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-31T00:00:00.000Z Reasoning: Silver grade accompanies the gold intercept. Evidence · text > 25m at 2.08g/t gold, 92g/t silver, 2.56% zinc and 0.19% copper from 56m ### Fact 11 [Link to this fact](https://atlas-staging.minestarters.com/news/qmines-wins-big-with-32m-at-1-99pc-copper-hit-at-mt-chalmers--2bf98f8a-c432-4fae-a771-888281d0fbd9#fact-drill-facts-10) Mt Chalmers · zinc Needs review: drill\_no\_hole\_id #### Identity - Project: Mt Chalmers - Commodity: zinc - Region: australia\_qld - Reported Region: Queensland - Ticker: QML #### Geometry - Grade: 2.56 - Grade Unit: % - Intercept: 25 m - From: 56 m - To: 81 m #### Classification - Sample Type: drill - Group ID: null:56-81 #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-31T00:00:00.000Z Reasoning: Zinc grade accompanies the gold intercept. Evidence · text > 25m at 2.08g/t gold, 92g/t silver, 2.56% zinc and 0.19% copper from 56m ### Fact 12 [Link to this fact](https://atlas-staging.minestarters.com/news/qmines-wins-big-with-32m-at-1-99pc-copper-hit-at-mt-chalmers--2bf98f8a-c432-4fae-a771-888281d0fbd9#fact-drill-facts-11) Mt Chalmers · copper Needs review: drill\_no\_hole\_id #### Identity - Project: Mt Chalmers - Commodity: copper - Region: australia\_qld - Reported Region: Queensland - Ticker: QML #### Geometry - Grade: 0.19 - Grade Unit: % - Intercept: 25 m - From: 56 m - To: 81 m #### Classification - Sample Type: drill - Group ID: null:56-81 #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-31T00:00:00.000Z Reasoning: Low grade copper component in the polymetallic lens. Evidence · text > 25m at 2.08g/t gold, 92g/t silver, 2.56% zinc and 0.19% copper from 56m ## 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.