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Highlights
- Diamond drilling completed at Scorpion deposit within Develin Creek project
- RC drilling set to begin at Sulphide City for deeper resource exploration
- Mt Mackenzie acquisition adds scale to QMines’ diversified mining vision
QMines Ltd (ASX:QML) has completed the initial phase of diamond drilling at its Develin Creek copper-zinc project in Central Queensland, marking a significant milestone in its 10,000-metre exploration strategy. The drilling program focused on the Scorpion deposit, one of three key mineralised zones at Develin Creek, located about 90 kilometres northwest of Rockhampton.
The campaign targeted high-grade extensions of the existing mineralisation, with two metallurgical drill holes confirming encouraging results. Standout historical intercepts at Scorpion include 114 metres grading 1.64% copper, 0.86% zinc, 0.3 grams per tonne gold, and 13 grams per tonne silver, beginning just 11 metres from surface. Notably, this broad mineralised zone includes high-grade intervals such as 23 metres at 4.04% copper from 55 metres and 13 metres at 3.15% copper from 94 metres.
With this phase of diamond drilling concluded, QMines is now preparing to commence Reverse Circulation (RC) drilling at Sulphide City—the largest deposit within the Develin Creek project. This next leg of the campaign aims to expand the current mineral resource of 4.2 million tonnes at 1.07% copper and 1.16% zinc. Importantly, 70% of this resource is already classified under the Indicated category, which reflects a high level of geological confidence.
The RC drilling will explore down-dip extensions at Scorpion, where previous holes ended in mineralisation, pointing to the potential for deeper extensions and further resource growth. This exploration momentum is a key part of QMines’ broader strategy to integrate Develin Creek into the Mt Chalmers mine plan.
Parallel to its exploration activities, QMines is also enhancing its project pipeline through the acquisition of the Mt Mackenzie gold-silver project. Located in Queensland, this new asset is set to complement the company’s existing copper-focused portfolio, including Develin Creek and Mt Chalmers.
The newly acquired Mt Mackenzie project will be incorporated into an updated Pre-Feasibility Study (PFS), anchored by the Mt Chalmers deposit. This consolidation aims to improve project economics, diversify metal exposure, and extend mine life through a scalable, multi-deposit development strategy.
With drilling progress at Develin Creek and the strategic addition of Mt Mackenzie, QMines (QML) continues to build a diversified, long-term resource base across copper, zinc, gold, and silver.
