QMines Ltd. (AU:QML) has released an update.
QMines Ltd has initiated a drilling program at the Develin Creek project to expand their high-grade copper and gold mining operation. The program is focused on the Scorpion and Sulphide City deposits, aiming to increase resource confidence and potentially extend the mine life of the nearby Mt Chalmers project. This strategic move follows a successful capital raise and a Pre-Feasibility Study that underscores Mt Chalmers as a long life, high margin, and low-cost mining project.
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