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QMines Ltd. ( (AU:QML) ) just unveiled an announcement.
QMines Ltd. has announced significant growth potential at its Mt Chalmers copper and gold project following a new grade contour mapping. The mapping reveals potential extensions of high-grade copper and gold zones, offering new drilling targets and highlighting the project’s large-scale resource potential. The company is working towards an updated Pre-Feasibility Study (PFS) to include additional deposits, aiming for a larger scale mining and processing operation. This development positions QMines to unlock substantial shareholder value and strengthen its industry positioning.
More about QMines Ltd.
QMines Ltd. is a mining company focused on copper and gold exploration and development. The company operates the Mt Chalmers project in central Queensland, Australia, which includes several deposits such as Mt Chalmers, Woods Shaft, Botos, and Mt Warminster. QMines aims to expand its resource base and enhance shareholder value through strategic exploration and development activities.
YTD Price Performance: -37.04%
Average Trading Volume: 673,197
Technical Sentiment Signal: Sell
Current Market Cap: A$14.58M
See more data about QML stock on TipRanks’ Stock Analysis page.