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QMines Ltd. Advances Exploration and Expands Resource Base

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QMines Ltd. Advances Exploration and Expands Resource Base

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QMines Ltd. ( (AU:QML) ) has issued an update.

QMines Ltd. announced significant progress in its exploration and development activities for the quarter ending June 30, 2025. The company reported high-grade drilling results from its Develin Creek project and completed the acquisition of the Mount Mackenzie gold project, enhancing its resource base. The updated Pre-Feasibility Study (PFS) for its projects, including a potential expansion of the processing plant at Mount Chalmers, is expected to be delivered in the first half of 2026, potentially increasing production capacity and operational efficiency.

More about QMines Ltd.

QMines Ltd. is a Queensland-based copper and gold development company that owns 100% of three advanced projects located within 120km of Rockhampton. The company’s primary focus is on the development of high-grade copper and gold deposits, with significant projects including the historic Mt Chalmers mine and the recently acquired Mount Mackenzie gold project.

Average Trading Volume: 977,468

Technical Sentiment Signal: Buy

Current Market Cap: A$26.76M

Find detailed analytics on QML stock on TipRanks’ Stock Analysis page.

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