QMines Ltd. (AU:QML) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
QMines Ltd. has reported strong progress in its mining ventures, with impressive gold results at Cawarral Goldfield and the completion of a $5 million capital raise to support exploration at Develin Creek. The company has also submitted a mining license application for the Mt Chalmers project, showcasing its potential as a profitable standalone operation. Furthermore, QMines has completed the acquisition of the remaining interest in the Develin Creek project, enhancing its portfolio with new high-grade exploration targets.
For further insights into AU:QML stock, check out TipRanks’ Stock Analysis page.