QMines (ASX:QML) confirmed the continuity of high-grade massive sulfide mineralization at the Scorpion deposit based on the final results of its maiden reverse-circulation drilling program at the Develin Creek copper project in Queensland, according to a Thursday filing with the Australian bourse.
Notable intersections include 114 meters at 1.6% copper. QMines plans to follow up with a diamond drilling campaign within the first quarter.
The mining company's shares were down past 5% in recent Thursday trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.