QEM Limited (“QEM”, the “Company”) is pleased to announce that it has commenced its seismic surveying program on its flagship Julia Creek project, covering 496km² in the Julia Creek area of North Western Queensland, Australia. As announced on 6 February 2019, the Company has engaged Velseis Pty Ltd (“Velseis”) to conduct the survey of which the results will show the geological structure of the seams across the project area, which will then be input into the geological model. The objective of the survey is to increase the geological confidence of the deposit. The seismic data gathered through the survey will play an important role in the assessment of potential mine designs and also in the process of planning the Pre feasibility study for the Julia Creek project.
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