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QMines Ltd. ( (AU:QML) ) has issued an update.
QMines Limited has completed its diamond drilling program at the Mt Chalmers copper and gold project, confirming the high-grade nature of the ore body. The company is now shifting its focus to the Develin Creek project, where recent exploration has shown promising results, including significant copper intersections. The resource upgrade at Develin Creek, with a 42% increase in Indicated resources, enhances the project’s development prospects and shareholder value.
More about QMines Ltd.
QMines Limited is a company operating in the mining industry, primarily focusing on copper and gold exploration projects in Queensland, Australia.
YTD Price Performance: -31.03%
Average Trading Volume: 104,859
Technical Sentiment Signal: Strong Buy
Current Market Cap: €9.52M
See more insights into QML stock on TipRanks’ Stock Analysis page.