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QMines Ltd. ( (AU:QML) ) has shared an update.
QMines Ltd. has announced the successful completion of its 2025 drilling program at the Sulphide City deposit, part of the Develin Creek copper-zinc project. The program, which included 46 holes totaling over 8,800 meters, confirmed multiple zones of high-grade copper-zinc-gold-silver mineralization. These results bolster the company’s confidence in the potential of Develin Creek as a cornerstone asset, with ongoing resource modeling and optimization studies set to feed into an integrated development plan. The drilling results highlight the potential for resource growth and mine-life extensions, positioning QMines for an expanded, multi-asset mine plan and an updated Pre-Feasibility Study by the second half of 2026.
More about QMines Ltd.
QMines Ltd. operates in the mining industry, focusing on the exploration and development of copper and zinc projects. The company is primarily engaged in the Develin Creek copper-zinc project in Central Queensland, aiming to expand its resource base and enhance its market position.
Average Trading Volume: 1,747,365
Technical Sentiment Signal: Hold
Current Market Cap: A$34.33M
See more insights into QML stock on TipRanks’ Stock Analysis page.