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QMines Ltd. ( (AU:QML) ) has provided an announcement.
QMines Ltd. has reported promising results from its drilling program at the Sulphide City deposit, part of the Develin Creek project in Queensland. The drilling has revealed thick, high-grade copper-zinc intersections, indicating strong continuity of mineralization and potential for resource growth. With multiple rigs in operation and additional assays pending, these results bolster QMines’ strategy to integrate Develin Creek with other assets, aiming for a substantial, long-life copper-gold-zinc operation in Central Queensland.
More about QMines Ltd.
QMines Limited is a mining company focused on the exploration and development of copper and zinc deposits. The company operates primarily in Queensland, Australia, with a market focus on expanding its production pipeline through projects like Develin Creek, which includes several Volcanic Associated Massive Sulphide (VMS) copper-zinc deposits.
Average Trading Volume: 1,061,957
Technical Sentiment Signal: Buy
Current Market Cap: A$25.5M
Find detailed analytics on QML stock on TipRanks’ Stock Analysis page.
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