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QMINES COMPLETES $1.4 MILLION SALE OF DRILLING BUSINESS
QMines has sold its drilling subsidiary, QDrilling Pty Ltd, to Gas Field Services Pty Ltd for $1.4 million. This means the company no longer owns or operates a drilling business — it has handed that responsibility to a specialist contractor. The key point for investors is that QMines gets $1.4 milli
FURTHER HIGH-GRADE COPPER-GOLD BENEATH MT CHALMERS PIT: 26.2M AT 2.0% CUEQ INCL. 2.4M AT 9.1% CUEQ
QMines has drilled through the flooded Mt Chalmers open pit using a pontoon-mounted rig and hit high-grade copper and gold mineralisation in three new holes. The standout result is 26.2 metres of copper-gold ore averaging 2.0% copper equivalent, with a 2.4-metre section grading an impressive 5.4% co
QMINES DISCOVERS COPPER SULPHIDES 180M BEYOND MT CHALMERS RESOURCE
QMines has drilled a new hole — 26MCDD052 — and found copper sulphide mineralisation 180 metres north-northeast of the boundary of its existing Mt Chalmers resource. This is significant because it is only the second hole ever drilled in this area north of the main pit, and it has already hit visible
FIRST PONTOON DRILLING RESULTS DELIVER HIGH-GRADE COPPER-GOLD-ZINC FROM MT CHALMERS PIT FLOOR
QMines has drilled its first holes from a floating pontoon rig positioned on the flooded pit lake at Mt Chalmers — an area that has never been properly tested with modern drilling because it’s been underwater since mining stopped. The results are very encouraging: both holes hit copper-gold minerali
QMINES DOUBLES DRILLING PROGRAM TO 20,000M AS MT CHALMERS BARGE RESULTS NEAR
QMines has decided to significantly scale up its exploration activity by doubling its drilling program from 10,000 metres to 20,000 metres. This reflects the company’s confidence in the results it has been seeing across its Central Queensland copper-gold projects. The expanded program means more dri
MT CHALMERS DRILLING CONTINUES TO DELIVER HIGH-GRADE COPPER & GOLD INTERSECTIONS
QMines has released new drill results from its Mt Chalmers copper-gold project near Rockhampton, Queensland, as part of a large 10,000-metre drilling campaign. The headline result is a 44-metre wide zone of copper mineralisation grading 1.03% copper — that’s a broad, continuous zone sitting above th
STRATEGIC LAND ACQUISITIONS UNLOCK BOTOS DEPOSIT
QMines has bought two rural properties sitting directly over its Botos gold-zinc-copper deposit near Rockhampton, Queensland, for a combined $2.388 million. Until now, the company couldn’t drill the core of this deposit because it didn’t own or control the land. These purchases remove that barrier e
BURNVOIR APPOINTED FINANCIAL ADVISER FOR THE MT CHALMERS COPPER-GOLD PROJECT
QMines has hired BurnVoir Corporate Finance to help find the money needed to build its Mt Chalmers copper and gold mine near Rockhampton, Queensland. BurnVoir is a specialist mining finance adviser that has previously arranged funding for well-known Australian miners including Sandfire Resources and
KEY GOVERNMENT STAKEHOLDERS VISIT MT CHALMERS AS PROJECT ADVANCES
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
HIGH-GRADE COPPER & GOLD CONTINUES AT MT CHALMERS 32M AT 2.0% CU & 0.39G/T AU
QMines has reported two more strong drill results from its Mt Chalmers copper-gold project in Queensland, continuing a run of high-grade hits from its current 10,000-metre drilling campaign. The first hole (26MCRD006) cut a 32-metre wide zone of copper mineralisation averaging 2% copper — one of the