QMines says it has delineated multiple kilometre-scale gold–silver anomalies at the Mount Mackenzie project in Central Queensland.
The company has been doing its homework on the latest addition to its Rockhampton region copper-gold portfolio.
This includes reprocessing and interpreting 3114 historical soil samples, with the outcomes supporting the view that mineralisation at Mount Mackenzie forms part of a regionally extensive magmatic-hydrothermal corridor extending north toward Clive Creek.
“The reprocessing and statistical normalisation of more than 3000 historical soil samples has defined multiple, broad gold–silver–arsenic anomalies that are spatially consistent with key magnetic and structural features.
“These results provide an important step forward in understanding the scale and coherence of the Mount Mackenzie gold system,” QMines exploration manager Tom Bartschi said.
“Together, these datasets point to a large, integrated hydrothermal system with several near-surface targets that remain completely untested by drilling.
“With our multi-rig drilling program now progressing, this work gives us a much clearer framework for prioritising targets and assessing mineralisation continuity.
“The correlation between geochemical and geophysical vectors strengthens our geological model and supports a data-driven systematic expansion of the known mineralised footprint at Mount Mackenzie.”
QMines acquired the Mount Mackenzie project mid-year in a $2.485 million deal with Resources & Energy Group.
The project’s mineral resource stands at 3.35Mt at 1.40g/t gold and 8.4g/t silver, comprising 151,000oz of gold and 902,000oz of silver.
Two principal mineralised zones have been delineated:
• North Knoll, extending over about 350m in strike and 100m down-dip, hosting the majority of the defined mineral resource; and
• Southwest Slopes, a more steeply dipping zone characterised by sub-vertical vein sets and stringer zones.
QMines said both zones remained open along strike and at depth, with potential for significant resource extensions.
The multi-rig drilling campaign now underway is focused on expanding the North Knoll mineralised envelope.
QMines plans to develop a centralised processing hub at Mount Chalmers, 17km north-east of Rockhampton, supported by resources from its Mount Mackenzie, Mount Chalmers and Develin Creek projects.
