QEM Limited (“QEM”, the “Company”) (ASX:QEM) is pleased to announce that it has commenced a 5 hole drill program on its flagship Julia Creek vanadium / oil shale project, covering 496km² in the Julia Creek area of North Western Queensland, Australia. The program is a five hole, 4C (four inch), core drill program and the core recovered will be used to advance processing studies intended to optimise the extraction of vanadium and potentially hydrocarbons. Results from the drill program will also be input into the geological model, with the objective of increasing the geological confidence of the deposit.
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