05/08/2026
YAAMBA DRILLING CAMPAIGN
Our current drilling campaign across the Yaamba tenements is progressing well, delivering high-quality data on ore grade, deposit geometry, and overburden ratios across this extension of the world’s largest known cryptocrystalline magnesite deposit.
Systematic infill and step-out drilling is refining our geological model of the Yaamba deposit, building directly on the resource base already established at Kunwarara. Each core sample logged strengthens the confidence category of our resource estimate and sharpens our view of ore continuity - critical inputs for long-term mine planning and reserve definition.
Beyond grade control, this campaign is central to extending QMAG’s understood mine life - turning geological potential into a de-risked resource base that underpins our future production planning for decades to come.
Great work from our exploration geologists and drilling crews on the ground, working safely and methodically through Central Queensland’s varied terrain to deliver this critical dataset.