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QMines Ltd. ( (AU:QML) ) has issued an announcement.
QMines has released an investor presentation outlining its plans to restart the historic Mt Chalmers mine and update investors via a dedicated webinar. The company reiterates that its mineral resource and ore reserve estimates for Mt Chalmers, Develin Creek and Mt Mackenzie remain supported by prior technical disclosures and compliant with the JORC 2012 reporting standards.
The release emphasises that multiple Competent Persons have reviewed and consented to the exploration, resource and reserve information, reinforcing the technical credibility of QMines’ portfolio. By securing Board approval for the presentation and confirming no material changes to key resource assumptions, the company seeks to bolster investor confidence ahead of its proposed Mt Chalmers restart strategy.
More about QMines Ltd.
QMines Ltd is an Australian mining and exploration company focused on developing the Mt Chalmers, Develin Creek and Mt Mackenzie projects. The company targets copper, gold and other base metals, operating under the Australasian JORC 2012 Code and engaging qualified geologists and mining consultants to validate its exploration results and mineral resource estimates.
Average Trading Volume: 1,778,105
Technical Sentiment Signal: Sell
Current Market Cap: A$34.97M
See more data about QML stock on TipRanks’ Stock Analysis page.