PROJECTS
SILVERWOOD PROJECT
Structurally complex and interesting geologically, Silverwood, has numerous thick base metal intersections that warrant further exploration.
OVERVIEW
QMines Limited’s (ASX:QML) Silverwood Project is located 15km South of Warwick in Queensland and consist of 234km2 of tenure. Situated in the Calliope Island Arc which hosts the Mount Morgan gold mine (+8Moz), Silverwood is comprised of numerous small scale historic mines and numerous known mineral occurrences.
RESOURCE POTENTIAL
The Silverwood project has been previously explored by the Geological Survey of Queensland (GSQ).
Initial Exploration Target of 0.8-1.0MT @ 3.2-3.7% Zn, 0.3-0.5% Cu, 15-25g/t Ag and 0.3-0.5% Pb.
SIGNIFICANT INTERSECTIONS
Drill results show grades as high as 3% copper which were never followed up. Some significant interceptions include;
– 42.9m @ 2.33% Zn, 0.26% Cu and 0.26% Pb
– 27.2m @ 5.46% Zn, 0.69% Cu and 0.19% Pb,
including 12.3m @8.9% Zn and 1.2% Cu
HISTORIC SMALL SCALE MINES
Situated in the Calliope Island Arc which hosts the Mount Morgan gold mine (+8Moz), the Silverwood Project has numerous small scale historic mines and a number of known mineral occurrences.
OTHER PROJECTS
WARROO
The historic copper-gold mine saw modest production, significant potential remains for mineralisation.
HERRIES RANGE
The Herries Range gold project comprises numerous small scale bonanza gold mines and alluvial workings.
MT CHALMERS
High grade historic copper-gold mine with a large, growing resource & significant upside from known VMS prospects.
