The following sections are AI-generated from the announcement content and are provided as supplementary reader aids only.
What This Announcement Means
QMines hosted a significant site visit at its Mt Chalmers Copper and Gold Project, bringing together representatives from five Queensland Government departments and Livingstone Shire Council. This kind of multi-agency engagement is an important step in the approvals process for restarting a historic mine — it signals that government stakeholders are actively familiarising themselves with the project and its plans.
The visit covered key topics including the proposed mine layout, the regulatory approvals pathway, ongoing environmental and technical studies, and the potential economic benefits for the local community. Attendees also inspected the existing open pits and current drilling activities on site, giving government officials a firsthand look at the project’s progress.
For investors, this is a positive signal that QMines is building the relationships needed to advance Mt Chalmers through feasibility and into the approvals phase. Constructive engagement with regulators and local government early in the process can help smooth the path to development approvals and reduce the risk of delays down the track.
Key Takeaways
- QMines hosted representatives from five Queensland Government departments and Livingstone Shire Council at the Mt Chalmers site on 1 September 2026.
- Discussions covered the proposed mine development, approvals pathway, environmental and technical studies, and potential economic and community benefits of restarting the operation.
- The site visit included inspection of existing open pits, current drilling activities and drill core.
Key Facts
Introduction
QMines Limited (ASX:QML) was pleased to host representatives from several Queensland Government departments and Livingstone Shire Council at the Mt Chalmers Copper and Gold Project yesterday as part of a site familiarisation and stakeholder engagement visit.
Joining QMines at Mt Chalmers were:
- Department of State Development, Infrastructure and Planning (DSDIP): Candace Vea Vea, Manager Economic Development and Kerry Kerr, Economic Development Officer;
- Department of Environment, Tourism, Science and Innovation (DETSI): Giles Bezzina, Manager, Minerals Business Centre;
- Department of Natural Resources, Mines, Manufacturing and Regional and Rural Development (DNRMMRRD): Jodie Moussie, Senior Mining Registrar; Ben Wimberley, Senior Geologist; and John Frankish, Central Operations Manager, Projects and Asset Management;
- Livingstone Shire Council: Sean Fallis, Manager Engineering Services; Sonia Tomkinson, Manager Economic Development; and Arna Hart, Principal Economic Development Officer; and
- Department of Local Government, Water and Volunteers (DLGWV): Ariane Leyden, Principal Project Officer.
The group was joined by members of the QMines team including Andrew Sparke, Richard Wittig, Peter Caristo and Tom Bartschi, together with the Company’s project, environmental, planning and community engagement consultants from Onterris and CQG Consulting.
The day provided attendees with an opportunity to see the historic Mt Chalmers mine firsthand, meet the project team and gain a better understanding of QMines’ proposed pathway to responsibly restart the operation.
Discussions covered the proposed mine development and site layout, approvals pathway, environmental and technical studies currently underway, stakeholder engagement and the potential economic and community benefits associated with restarting the historic operation. The visit also included an inspection of the existing open pits, current drilling activities and drill core.
Management Comment
QMines Chairman and Managing Director Andrew Sparke said:
“We would like to sincerely thank everyone who took the time to visit Mt Chalmers yesterday. It was a fantastic day and a great opportunity to get people out on the ground, see the project firsthand and have open and constructive discussions about our plans for Mt Chalmers.
“Restarting a historic mine requires close engagement between industry, government, regulators and the local community. Having representatives from across the key government departments and Livingstone Shire Council together on site was particularly valuable.
“We really appreciate the level of engagement from everyone who attended and look forward to continuing to work collaboratively as we progress Mt Chalmers through feasibility, approvals and towards development.”
Resource & Reserve Estimates
Ore Reserve – Mt Chalmers
| Deposit1 | Reserve Category | Tonnes (Mt) | Cut Off (% Cu) | Cu (%) | Au (g/t) | Zn (%) | Ag (g/t) | S (%) |
|---|---|---|---|---|---|---|---|---|
| Mt Chalmers | Proved | 5.1 | 0.3% | 0.72 | 0.58 | 0.25 | 4.70 | 5.80 |
| Mt Chalmers | Probable | 4.5 | 0.3% | 0.57 | 0.37 | 0.29 | 5.50 | 3.60 |
| Total | 9.6 | 0.3% | 0.65 | 0.48 | 0.27 | 5.20 | 4.30 |
Mineral Resource Estimate – Mt Chalmers
| Deposit2 | Resource Category | Tonnes (Mt) | Cut Off (% Cu) | Cu (%) | Au (g/t) | Zn (%) | Ag (g/t) | S (%) |
|---|---|---|---|---|---|---|---|---|
| Mt Chalmers | Measured | 4.2 | 0.3% | 0.89 | 0.69 | 0.23 | 4.97 | 5.37 |
| Mt Chalmers | Indicated | 5.8 | 0.3% | 0.69 | 0.28 | 0.19 | 3.99 | 3.77 |
| Mt Chalmers | Inferred | 1.3 | 0.3% | 0.60 | 0.19 | 0.27 | 5.41 | 2.02 |
| Total | 11.3 | 0.3% | 0.75 | 0.42 | 0.23 | 4.60 | 4.30 |
Mineral Resource Estimate – Develin Creek
| Deposit3 | Resource Category | Tonnes (Mt) | Cut Off (% Cu) | Cu (%) | Zn (%) | Au (g/t) | Ag (g/t) | Not in Mine Plan |
|---|---|---|---|---|---|---|---|---|
| Develin Creek | Indicated | 4.22 | 0.3% | 0.98 | 1.08 | 0.16 | 6.0 | |
| Develin Creek | Inferred | 0.48 | 0.3% | 0.61 | 0.41 | 0.10 | 3.5 | |
| Total | 4.70 | 0.3% | 0.94 | 1.00 | 0.15 | 5.7 |
Mineral Resource Estimate – Woods Shaft
| Deposit4 | Resource Category | Tonnes (Mt) | Cut Off (% Cu) | Cu (%) | Au (g/t) | Zn (%) | Ag (g/t) | Not in Mine Plan |
|---|---|---|---|---|---|---|---|---|
| Woods Shaft | Inferred | 0.54 | 0.3% | 0.50 | 0.95 | – | – | |
| Total | 0.54 | 0.3% | 0.50 | 0.95 | – | – |
Mineral Resource Estimate – Mt Mackenzie
| Deposit5 | Resource Category | Tonnes (Mt) | Cut Off (% Cu) | Cu (%) | Au (g/t) * | Zn (%) | Ag (g/t) | Not in Mine Plan |
|---|---|---|---|---|---|---|---|---|
| Mt Mackenzie | Indicated | 2.3 | 0.5-0.7% | – | 1.38 | – | 9.6 | |
| Mt Mackenzie | Inferred | 1.1 | 0.5-0.7% | – | 1.45 | – | 5.8 | |
| Total | 3.4 | 0.5-0.7% | – | 1.40 | – | 8.4 |
*cut-off grade: 0.35 g/t Au for oxide, 0.55 g/t Au for primary.
- ASX Announcement – Mt Chalmers PFS Supports Viable Copper & Gold Mine, 30 April 2024. Rounding errors may occur.
- ASX Announcement – Mt Chalmers PFS Supports Viable Copper & Gold Mine, 30 April 2024. Rounding errors may occur.
- ASX Announcement – Develin Creek Resource Upgrade unlocks Expansion Planning. 23 February 2026. Rounding errors may occur.
- ASX Announcement – Maiden Woods Shaft Resource, 22 November 2022. Rounding errors may occur.
- ASX Announcement – Acquisition of the Mount Mackenzie Gold & Silver Project, 16 April 2025. Rounding errors may occur.
Regulatory Statements
Forward-Looking Statements
This document may include forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning QMines Limited planned exploration program and other statements that are not historical facts. When used in this document, the words such as “could,” “plan,” “expect,” “intend,” “may”, “potential,” “should,” and similar expressions are forward-looking statements. Although QMines believes that its expectations reflected in these forward- looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that further exploration will result in the estimation of a Mineral Resource.
Competent Person Statements
Ore Reserve Estimate
The information in this report relating to the Open Pit Optimisation and the Ore Reserve Estimate is based on work compiled by Gary McCrae, a Competent Person who is a Member of the Australasian Institute of Mining and Metallurgy. Mr McCrae is a full time employee of Minecomp Pty Ltd and has sufficient experience relevant to the style of mineralisation, the type of deposit under consideration and the work undertaken to qualify as a Competent Person under the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr McCrae has consented to the inclusion of this information in the form and context in which it appears.
Mineral Resource Estimate
The information in this report relating to Mineral Resource estimation is based on work completed by Stephen Hyland, a Competent Person and Fellow of the Australasian Institute of Mining and Metallurgy. Mr Hyland is Principal Consultant Geologist with Hyland Geological and Mining Consultants and has the required experience relevant to the style of mineralisation, the type of deposit under consideration and the work undertaken to qualify as a Competent Person under the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Hyland is also a Qualified Person under the rules of the Canadian Instrument NI 43 101. Mr Hyland has consented to the inclusion of this information in the form and context in which it appears.
Exploration Results and Exploration Targets
The information in this document relating to Exploration Results and Exploration Targets has been compiled under the supervision of Tom Bartschi, a Member of the Australian Institute of Geoscientists. Mr Bartschi has sufficient experience relevant to the style of mineralisation, the type of deposit under consideration and the activities undertaken to qualify as a Competent Person under the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Bartschi has consented to the inclusion of this information in the form and context in which it appears.
This announcement has been approved and authorized by the Board of QMines Limited. This announcement has been approved and authorised by the Board of QMines Limited.
Compliance Statement
With reference to previously reported Exploration results and mineral resources, the Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parametres underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement.
About QMines
QMines Limited (ASX:QML) is a Queensland focused copper and gold development Company. The Company owns 100% of the Mt Chalmers (copper-gold) and Develin Creek (copper-zinc) deposits, 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 1898-1982.
Following several resource updates, the Mt Chalmers, Develin Creek and Mt Mackenzie projects now have Reserves of 9.6Mt and combined Resources of approximately 20Mt.1 QMines’ objective is to make new discoveries, commercialise existing deposits and transition the Company towards sustainable copper production.
1 ASX Announcement – Develin Creek Resource Upgrade. 23 February 2026
Projects & Ownership
| Mt Chalmers | 100% |
| Develin Creek | 100% |
| Mt Mackenzie | 100% |
QMines Limited ACN 643 312 104
Directors & Management
- Andrew Sparke
Executive Chairman - Peter Caristo
Executive Director (Technical) - Thomas Bartschi
Exploration Manager & Site Senior Executive (Competent Person) - Elissa Hansen
Non-Executive Director & Company Secretary - Richard Wittig
Development Manager
Contacts
- Address
Suite J, 34 Suakin Drive, Mosman NSW 2088 - Phone
+ 61 (2) 8915 6241 - Email
[email protected] - Website
qmines.com.au - Peter Nesvada
Investor Relations
[email protected] - Andrew Sparke
Executive Chairman
[email protected]
Frequently Asked Questions
The following Q&A is AI-generated from the announcement content and is provided as a supplementary reader aid only.
Why did QMines host government representatives at Mt Chalmers?
QMines hosted the visit as part of a site familiarisation and stakeholder engagement process. The day provided attendees with an opportunity to see the historic Mt Chalmers mine firsthand, meet the project team and gain a better understanding of QMines’ proposed pathway to responsibly restart the operation.
Which government departments attended the Mt Chalmers site visit?
Representatives attended from the Department of State Development, Infrastructure and Planning (DSDIP); the Department of Environment, Tourism, Science and Innovation (DETSI); the Department of Natural Resources, Mines, Manufacturing and Regional and Rural Development (DNRMMRRD); the Department of Local Government, Water and Volunteers (DLGWV); and Livingstone Shire Council.
What topics were discussed during the site visit?
Discussions covered the proposed mine development and site layout, approvals pathway, environmental and technical studies currently underway, stakeholder engagement and the potential economic and community benefits associated with restarting the historic operation. The visit also included an inspection of the existing open pits, current drilling activities and drill core.
What is the current Ore Reserve at Mt Chalmers?
The total Ore Reserve at Mt Chalmers is 9.6Mt at a cut-off of 0.3% Cu, with grades of 0.65% Cu, 0.48 g/t Au, 0.27% Zn, 5.20 g/t Ag and 4.30% S.
What stage is the Mt Chalmers project at?
According to QMines Chairman and Managing Director Andrew Sparke, the Company is progressing Mt Chalmers through feasibility, approvals and towards development.
Are the Develin Creek and Mt Mackenzie resources included in the current mine plan?
No. The Mineral Resource Estimates for Develin Creek (4.70Mt total), Woods Shaft (0.54Mt total) and Mt Mackenzie (3.4Mt total) are noted as ‘Not in Mine Plan’ in the resource tables.