An update from QMines Ltd. ( (AU:QML) ) is now available.
QMines Limited has successfully 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 moving its drilling operations to the Develin Creek project, where recent exploration has shown significant potential with outstanding drill intersections. The upgraded Mineral Resource Estimate at Develin Creek, which includes a 42% increase in Indicated resources, enhances the project’s growth potential and strengthens its development prospects, providing greater confidence in future mine planning and economic potential.
More about QMines Ltd.
QMines Limited is a company operating in the mining industry, focusing on copper and gold projects. Its primary projects include the Mt Chalmers and Develin Creek projects in Queensland, Australia, with a market focus on expanding resource potential and shareholder value.
YTD Price Performance: -26.67%
Average Trading Volume: 104,859
Technical Sentiment Signal: Strong Buy
Current Market Cap: €10.6M
For a thorough assessment of QML stock, go to TipRanks’ Stock Analysis page.