Zenith Minerals Limited (AU:ZNC) has released an update.
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QMines Limited has completed its initial metallurgical testwork at the Develin Creek project, affirming the potential to produce marketable copper, zinc, and pyrite concentrates. Concurrently, the company has secured an agreement to acquire the remaining 49% stake from Zenith Minerals with an extended settlement date and anticipates assay results from ongoing drilling. Furthermore, a recent Mineral Resource Estimate has identified significant copper and zinc deposits at the site.
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