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Highly Active Exploration
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ASX:QML $0.076
QMines is an Australian based development Company.
QMines is a Queensland-based copper and gold exploration and development company. The Company owns rights to 100% of The Mt Chalmers (Cu-Au) and Develin Creek (Cu-Zn) deposits. The Company’s Mt Chalmers and Develin Creek projects are located within 90km of Rockhampton in Queensland. Mt Chalmers is a high-grade historic mine that produced 1.2Mt @ 2.0% Cu, 3.6g/t Au, and 19g/t Ag between 1898 and 1982.
The Mt Chalmers and Develin Creek projects now have a Measured, Indicated and Inferred Resource (JORC 2012) of 15.1Mt @ 1.3% CuEq for 195,800t CuEq. QMines’ objective is to make new discoveries, commercialise existing deposits and transition the Company towards sustainable copper production.
QMines’ vision is to become a sustainable copper and gold producer. The team is strategically growing inventory through systematic exploration and by consolidating stranded assets within the region.
