# Successful first drilling beneath Mt Chalmers pit shows high-grade copper and gold

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/successful-first-drilling-beneath-mt-chalmers-pit-shows-high-grade-copper-and-go--a5fee657-219e-4be8-a102-d0fd486c8d17

Original source: https://stockhead.com.au/resources/successful-first-drilling-beneath-mt-chalmers-pit-shows-high-grade-copper-and-gold/

Publisher: stockhead

Original announcement: 2026-10-07T00:38:08.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-07T01:06:07.472Z

Atlas analysis updated: 2026-10-07T01:06:07.472Z

- Company: QMines

- Ticker: QML

- Exchange: Unavailable

- Region: Central Queensland

- Primary commodity: Copper

- Secondary commodities: Gold, Silver, Zinc, Lead

- Document categories: Drill results, Resource update

- Extracted: 2026-10-07 01:06:08 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

QMines has reported high-grade copper, gold, and polymetallic intercepts from its first two pontoon holes drilled beneath the flooded Mt Chalmers open pit. The results, which include a 2.7m high-grade polymetallic lens, are approximately 20% higher than the grades predicted by the 2024 resource block model.

Reasoning: First successful drilling beneath the flooded pit shows grades significantly higher than the existing resource model, providing high-confidence exploration/resource extension data.

- Positive factor: High-grade intercepts exceeding 2024 resource model

- Positive factor: First direct diamond core testing beneath the pit lake

- Positive factor: Polymetallic lens with high CuEq

Facts used in scoring: 20

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Drilling beneath the pit floor tests mineralisation previously limited by modern drilling.

Evidence · text

> marking the first drilling from inside the flooded pit

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The results are positioned as being directly beneath the existing Mt Chalmers pit and resource model.

Evidence · text

> testing mineralisation beneath the flooded Mt Chalmers open pit

## Extracted facts

Stored fact records: 20. Some facts used in scoring do not have a stored record.

## Drill Results (20)

### pontoon hole 1

[Link to this fact](https://atlas-staging.minestarters.com/news/successful-first-drilling-beneath-mt-chalmers-pit-shows-high-grade-copper-and-go--a5fee657-219e-4be8-a102-d0fd486c8d17#fact-drill-facts-0)

Mt Chalmers · copper

Needs review: ungrounded

#### Identity

- Hole ID: pontoon hole 1
- Project: Mt Chalmers
- Commodity: copper
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 1.04
- Grade Unit: %
- Intercept: 16.7 m
- From: 23.3 m
- To: 40 m
- Intercept Depth: 23.3 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: pontoon hole 1:23.3-40
- Mining Method: open\_pit

#### QA/QC

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

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Strong copper intercept in first bedrock core beneath pit.

- Positive factor: Exceeds resource model

Evidence · text

> 16.7m at 1.04% 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"

### pontoon hole 1

[Link to this fact](https://atlas-staging.minestarters.com/news/successful-first-drilling-beneath-mt-chalmers-pit-shows-high-grade-copper-and-go--a5fee657-219e-4be8-a102-d0fd486c8d17#fact-drill-facts-1)

Mt Chalmers · gold

Needs review: ungrounded

#### Identity

- Hole ID: pontoon hole 1
- Project: Mt Chalmers
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 1.16
- Grade Unit: g/t
- Intercept: 16.7 m
- From: 23.3 m
- To: 40 m
- Intercept Depth: 23.3 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: pontoon hole 1:23.3-40
- Mining Method: open\_pit

#### QA/QC

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

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Gold component of high-grade polymetallic interval.

Evidence · text

> 1.16g/t gold

#### 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"

### pontoon hole 1

[Link to this fact](https://atlas-staging.minestarters.com/news/successful-first-drilling-beneath-mt-chalmers-pit-shows-high-grade-copper-and-go--a5fee657-219e-4be8-a102-d0fd486c8d17#fact-drill-facts-2)

Mt Chalmers · silver

Needs review: ungrounded

#### Identity

- Hole ID: pontoon hole 1
- Project: Mt Chalmers
- Commodity: silver
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 26
- Grade Unit: g/t
- Intercept: 16.7 m
- From: 23.3 m
- To: 40 m
- Intercept Depth: 23.3 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: pontoon hole 1:23.3-40
- Mining Method: open\_pit

#### QA/QC

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

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Silver component of high-grade polymetallic interval.

Evidence · text

> 26g/t silver

#### 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"

### pontoon hole 1

[Link to this fact](https://atlas-staging.minestarters.com/news/successful-first-drilling-beneath-mt-chalmers-pit-shows-high-grade-copper-and-go--a5fee657-219e-4be8-a102-d0fd486c8d17#fact-drill-facts-3)

Mt Chalmers · copper

Needs review: ungrounded

#### Identity

- Hole ID: pontoon hole 1
- Project: Mt Chalmers
- Commodity: copper
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 2.07
- Grade Unit: %
- Intercept: 6.7 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### QA/QC

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

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

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

- Positive factor: Stronger sub-interval

Evidence · text

> 6.7m at 2.07% 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"

### pontoon hole 1

[Link to this fact](https://atlas-staging.minestarters.com/news/successful-first-drilling-beneath-mt-chalmers-pit-shows-high-grade-copper-and-go--a5fee657-219e-4be8-a102-d0fd486c8d17#fact-drill-facts-4)

Mt Chalmers · gold

Needs review: ungrounded

#### Identity

- Hole ID: pontoon hole 1
- Project: Mt Chalmers
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 2.37
- Grade Unit: g/t
- Intercept: 6.7 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### QA/QC

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

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

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

Evidence · text

> 2.37g/t gold

#### 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"

### pontoon hole 1

[Link to this fact](https://atlas-staging.minestarters.com/news/successful-first-drilling-beneath-mt-chalmers-pit-shows-high-grade-copper-and-go--a5fee657-219e-4be8-a102-d0fd486c8d17#fact-drill-facts-5)

Mt Chalmers · silver

Needs review: ungrounded

#### Identity

- Hole ID: pontoon hole 1
- Project: Mt Chalmers
- Commodity: silver
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 60
- Grade Unit: g/t
- Intercept: 6.7 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### QA/QC

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

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

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

Evidence · text

> 60g/t silver

#### 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"

### pontoon hole 1

[Link to this fact](https://atlas-staging.minestarters.com/news/successful-first-drilling-beneath-mt-chalmers-pit-shows-high-grade-copper-and-go--a5fee657-219e-4be8-a102-d0fd486c8d17#fact-drill-facts-6)

Mt Chalmers · copper

Needs review: ungrounded

#### Identity

- Hole ID: pontoon hole 1
- Project: Mt Chalmers
- Commodity: copper
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 3.15
- Grade Unit: %
- Intercept: 3 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### QA/QC

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

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

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

- Positive factor: High grade

Evidence · text

> 3m at 3.15% 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"

### pontoon hole 1

[Link to this fact](https://atlas-staging.minestarters.com/news/successful-first-drilling-beneath-mt-chalmers-pit-shows-high-grade-copper-and-go--a5fee657-219e-4be8-a102-d0fd486c8d17#fact-drill-facts-7)

Mt Chalmers · gold

Needs review: ungrounded

#### Identity

- Hole ID: pontoon hole 1
- Project: Mt Chalmers
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 1.15
- Grade Unit: g/t
- Intercept: 3 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### QA/QC

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

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

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

Evidence · text

> 1.15g/t gold

#### 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"

### pontoon hole 1

[Link to this fact](https://atlas-staging.minestarters.com/news/successful-first-drilling-beneath-mt-chalmers-pit-shows-high-grade-copper-and-go--a5fee657-219e-4be8-a102-d0fd486c8d17#fact-drill-facts-8)

Mt Chalmers · silver

Needs review: ungrounded

#### Identity

- Hole ID: pontoon hole 1
- Project: Mt Chalmers
- Commodity: silver
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 31
- Grade Unit: g/t
- Intercept: 3 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### QA/QC

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

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

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

Evidence · text

> 31g/t silver

#### 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"

### pontoon hole 1

[Link to this fact](https://atlas-staging.minestarters.com/news/successful-first-drilling-beneath-mt-chalmers-pit-shows-high-grade-copper-and-go--a5fee657-219e-4be8-a102-d0fd486c8d17#fact-drill-facts-9)

Mt Chalmers · copper

Needs review: ungrounded

#### Identity

- Hole ID: pontoon hole 1
- Project: Mt Chalmers
- Commodity: copper
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 1.29
- Grade Unit: %
- Intercept: 2.7 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### QA/QC

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

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Particularly high-grade lens at the top of the interval.

- Positive factor: High grade polymetallic lens

Evidence · text

> 2.7m polymetallic lens grading 1.29% 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"

### pontoon hole 1

[Link to this fact](https://atlas-staging.minestarters.com/news/successful-first-drilling-beneath-mt-chalmers-pit-shows-high-grade-copper-and-go--a5fee657-219e-4be8-a102-d0fd486c8d17#fact-drill-facts-10)

Mt Chalmers · gold

Needs review: ungrounded

#### Identity

- Hole ID: pontoon hole 1
- Project: Mt Chalmers
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 4.44
- Grade Unit: g/t
- Intercept: 2.7 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### QA/QC

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

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Particularly high-grade gold in polymetallic lens.

- Positive factor: High grade

Evidence · text

> 4.44g/t gold

#### 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"

### pontoon hole 1

[Link to this fact](https://atlas-staging.minestarters.com/news/successful-first-drilling-beneath-mt-chalmers-pit-shows-high-grade-copper-and-go--a5fee657-219e-4be8-a102-d0fd486c8d17#fact-drill-facts-11)

Mt Chalmers · silver

Needs review: ungrounded

#### Identity

- Hole ID: pontoon hole 1
- Project: Mt Chalmers
- Commodity: silver
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 109
- Grade Unit: g/t
- Intercept: 2.7 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### QA/QC

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

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Particularly high-grade silver in polymetallic lens.

- Positive factor: High grade

Evidence · text

> 109g/t silver

#### 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"

### pontoon hole 1

[Link to this fact](https://atlas-staging.minestarters.com/news/successful-first-drilling-beneath-mt-chalmers-pit-shows-high-grade-copper-and-go--a5fee657-219e-4be8-a102-d0fd486c8d17#fact-drill-facts-12)

Mt Chalmers · zinc

Needs review: ungrounded

#### Identity

- Hole ID: pontoon hole 1
- Project: Mt Chalmers
- Commodity: zinc
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 5.25
- Grade Unit: %
- Intercept: 2.7 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### QA/QC

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

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Zinc component of high-grade polymetallic lens.

Evidence · text

> 5.25% zinc

#### 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"

### pontoon hole 1

[Link to this fact](https://atlas-staging.minestarters.com/news/successful-first-drilling-beneath-mt-chalmers-pit-shows-high-grade-copper-and-go--a5fee657-219e-4be8-a102-d0fd486c8d17#fact-drill-facts-13)

Mt Chalmers · lead

Needs review: ungrounded

#### Identity

- Hole ID: pontoon hole 1
- Project: Mt Chalmers
- Commodity: lead
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 3.04
- Grade Unit: %
- Intercept: 2.7 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### QA/QC

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

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Lead component of high-grade polymetallic lens.

Evidence · text

> 3.04% lead

#### 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"

### pontoon hole 2

[Link to this fact](https://atlas-staging.minestarters.com/news/successful-first-drilling-beneath-mt-chalmers-pit-shows-high-grade-copper-and-go--a5fee657-219e-4be8-a102-d0fd486c8d17#fact-drill-facts-14)

Mt Chalmers · copper

Needs review: ungrounded

#### Identity

- Hole ID: pontoon hole 2
- Project: Mt Chalmers
- Commodity: copper
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 1.32
- Grade Unit: %
- Intercept: 11.3 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### QA/QC

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

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Second hole entered copper-gold mineralisation.

Evidence · text

> 11.3m at 1.32% 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"

### pontoon hole 2

[Link to this fact](https://atlas-staging.minestarters.com/news/successful-first-drilling-beneath-mt-chalmers-pit-shows-high-grade-copper-and-go--a5fee657-219e-4be8-a102-d0fd486c8d17#fact-drill-facts-15)

Mt Chalmers · gold

Needs review: ungrounded

#### Identity

- Hole ID: pontoon hole 2
- Project: Mt Chalmers
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 0.43
- Grade Unit: g/t
- Intercept: 11.3 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### QA/QC

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

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Gold component of second hole intercept.

Evidence · text

> 0.43g/t gold

#### 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"

### pontoon hole 2

[Link to this fact](https://atlas-staging.minestarters.com/news/successful-first-drilling-beneath-mt-chalmers-pit-shows-high-grade-copper-and-go--a5fee657-219e-4be8-a102-d0fd486c8d17#fact-drill-facts-16)

Mt Chalmers · silver

Needs review: ungrounded

#### Identity

- Hole ID: pontoon hole 2
- Project: Mt Chalmers
- Commodity: silver
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 11
- Grade Unit: g/t
- Intercept: 11.3 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### QA/QC

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

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Silver component of second hole intercept.

Evidence · text

> 11g/t silver

#### 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"

### pontoon hole 2

[Link to this fact](https://atlas-staging.minestarters.com/news/successful-first-drilling-beneath-mt-chalmers-pit-shows-high-grade-copper-and-go--a5fee657-219e-4be8-a102-d0fd486c8d17#fact-drill-facts-17)

Mt Chalmers · copper

Needs review: ungrounded

#### Identity

- Hole ID: pontoon hole 2
- Project: Mt Chalmers
- Commodity: copper
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 2.7
- Grade Unit: %
- Intercept: 3.3 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### QA/QC

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

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: High grade sub-interval within the second hole.

- Positive factor: Stronger sub-interval

Evidence · text

> 3.3m at 2.70% 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"

### pontoon hole 2

[Link to this fact](https://atlas-staging.minestarters.com/news/successful-first-drilling-beneath-mt-chalmers-pit-shows-high-grade-copper-and-go--a5fee657-219e-4be8-a102-d0fd486c8d17#fact-drill-facts-18)

Mt Chalmers · gold

Needs review: ungrounded

#### Identity

- Hole ID: pontoon hole 2
- Project: Mt Chalmers
- Commodity: gold
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 0.59
- Grade Unit: g/t
- Intercept: 3.3 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### QA/QC

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

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Gold component of second hole sub-interval.

Evidence · text

> 0.59g/t gold

#### 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"

### pontoon hole 2

[Link to this fact](https://atlas-staging.minestarters.com/news/successful-first-drilling-beneath-mt-chalmers-pit-shows-high-grade-copper-and-go--a5fee657-219e-4be8-a102-d0fd486c8d17#fact-drill-facts-19)

Mt Chalmers · silver

Needs review: ungrounded

#### Identity

- Hole ID: pontoon hole 2
- Project: Mt Chalmers
- Commodity: silver
- Region: australia\_qld
- Reported Region: australia\_qld
- Ticker: QML

#### Geometry

- Grade: 16
- Grade Unit: g/t
- Intercept: 3.3 m

#### Classification

- Program: resource
- Sample Type: drill
- Mining Method: open\_pit

#### QA/QC

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

#### Review

- Needs Review: Yes
- Review Reason: ungrounded
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-07T00:00:00.000Z

Reasoning: Silver component of second hole sub-interval.

Evidence · text

> 16g/t silver

#### 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.