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An update from QMines Ltd. ( (AU:QML) ) is now available.
QMines Ltd. announced significant results from their maiden drilling program at the Develin Creek project, highlighting high-grade copper and zinc intersections at the Scorpion deposit. The drilling program, now complete with 43 holes, has enhanced the confidence in the continuity of mineralization and identified potential new mineral deposit styles at the Window prospect. These developments promise to extend the mine life at Mt Chalmers and offer substantial growth potential for QMines, potentially impacting its operational capabilities and market positioning positively.
More about QMines Ltd.
QMines Limited is an Australian mining company focusing on the exploration and development of high-grade copper and zinc deposits. The company is positioned in the mining industry with a market focus on extracting valuable metals, particularly copper and zinc, from their primary projects such as Develin Creek and Mt Chalmers in Queensland.
YTD Price Performance: -13.33%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €9.88M
See more insights into QML stock on TipRanks’ Stock Analysis page.