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An announcement from QMines Ltd. ( (AU:QML) ) is now available.
QMines Ltd. is advancing its large-scale drilling program at the Develin Creek Project, targeting high-grade copper growth. The program includes 44 planned drill holes aimed at expanding copper mineralization and upgrading resource confidence, with initial assay results expected in early Q3 2025. The company is also working on open pit optimization and metallurgical test work, with updates anticipated in Q3 and Q4 2025. These efforts are part of QMines’ strategy to transition Develin Creek into a mine-ready development opportunity, complementing its Mt Chalmers operation and enhancing its copper and gold portfolio.
More about QMines Ltd.
QMines Ltd. operates in the mining industry, focusing on the exploration and development of copper and gold resources. The company is actively engaged in expanding its mineral resource base at the Develin Creek Project in Queensland, Australia, and aims to integrate these resources into its broader Mt Chalmers mine plan.
Average Trading Volume: 617,618
Technical Sentiment Signal: Sell
Current Market Cap: A$15.98M
See more insights into QML stock on TipRanks’ Stock Analysis page.