Based on the analysis of EM anomaly picking, EM time-constant (TAU) and resistivity depth imaging, 21 deep targets were selected for Maxwell 2.5D plate modeling. Out of 21 targets, 15 were classified as first priority targets. The Company selected five of these priority targets recommended in the Geotech report for test drilling the conductors. In December 2011, QMC commenced drilling on the property which was completed in the spring of 2012 for 1,425 metres.
Three drill holes, RL12-6, RL12-8 and RL12-9 intersected mineralization on three separate targets outside the Rocky Lake area (T11A, T12Aand T12B) and a fourth hole, RL12-4, intersected the hanging wall altered felsic wall rock rocks (Target T14). This drill hole was short of the deep target. All three holes returned anomalous values in copper up to 100 to 500 ppm with iron sulphides up to 30%. RL12-9 also returned anomalous values in zinc (shown below). Hole RL12-7 (Target 11B) appeared to miss the target. Results indicate that further work is required on these targets and the additional VTEM targets identified.