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QMines Ltd. ( (AU:QML) ) has provided an announcement.
QMines Ltd. has announced the final results from its maiden drilling program at the Develin Creek copper project, revealing significant intersections of copper, zinc, gold, and silver from the Scorpion deposit. The results confirm the high-grade nature of the mineralisation, with resource upgrades for the Scorpion and Window deposits expected soon. The company plans to commence further drilling to explore additional extensions, positioning the Scorpion deposit as a promising open-pit mining opportunity.
More about QMines Ltd.
QMines Ltd. operates in the mining industry, focusing primarily on the exploration and development of copper and zinc deposits. The company is engaged in the Develin Creek project in Queensland, Australia, which includes various Volcanic Associated Massive Sulphide (VMS) copper-zinc deposits.
YTD Price Performance: 3.33%
Average Trading Volume: 104,859
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €11.39M
See more insights into QML stock on TipRanks’ Stock Analysis page.
