QMines Identifies Multiple High Potential Gold Targets at Mount Mackenzie.

QMines Limited (ASX: QML) has announced the identification of several large gold targets at its Mount Mackenzie Gold Project following the reprocessing of high-resolution magnetic data. The analysis revealed a 1.5 km-long magnetite-destruction corridor directly aligned with known gold-silver mineralisation, along with five near-surface targets exhibiting geological and structural similarities to existing mineralised zones. Two of these targets mark the core and southern extensions of the hydrothermal up-flow zone, offering potential for oxide and transitional gold expansion.

Additionally, reprocessed data at the nearby Clive Creek project suggests a continuation of the same magmatic-hydrothermal system. The company’s ongoing dual-rig drilling program aims to test resource extensions and evaluate the new magnetic targets, with further exploration involving alteration mapping, geochemical sampling, and geological reconnaissance to enhance the project’s overall scale and potential.

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