Develin Creek
Copper-Zinc
Project
Two high-grade copper-zinc deposits with significant upside potential
Two high-grade copper-zinc deposits with significant upside potential
The Develin Creek Project is located approximately 90km west of Rockhampton in Queensland. The Project consists of two tenements, EPM 17604 and EPM 16749 for a total area of 272km2.
On 30th September 2024, QMines completed the 100% acquisition of the high-grade Develin Creek copper & zinc project from Zenith Minerals Limited (ASX:ZNC).
Several high-grade Volcanic Hosted Massive Sulphide (VHMS) copper-zinc deposits including Sulphide City, Scorpion and Window deposits. Close proximity to QMines Mt Chalmers Project bodes well for the potential future development of the combined resources.
The Develin Creek Resource stands at 4.13Mt @ 1.37% CuEq for 56,581t CuEq. Importantly, 70% of this Resource sits in the Indicated JORC category.
The project hosts known base and precious metals mineralisation including Copper, Zinc, Gold & Silver.
QMines growth strategy involves rapidly transitioning towards development.
Develin Creek aligns perfectly alongside our Mt Chalmers project and with the advantage of strong local infrastructure, we are positioned well for accelerated development.
Develin Creek offers both open pit and underground opportunities, allowing for a diversified approach to mine planning.
The high-grade copper and zinc resources provide a substantial boost for QMines’ regional development strategy.
Developing a Multi-Project Copper & Gold Production Hub in Central Queensland, Australia.
Develin Creek is a high-grade copper and zinc project located approximately 90km west of Rockhampton, Queensland, acquired by QMines in September 2024. The project hosts a JORC resource of 4.13Mt at 1.37% copper equivalent for 56,581 tonnes of copper equivalent across several Volcanic Hosted Massive Sulphide deposits, with 70% of that resource in the Indicated category. Its proximity to the Mt Chalmers project positions Develin Creek as a potential contributor to QMines' broader production hub strategy.
Develin Creek is located approximately 90km west of Rockhampton in Queensland, Australia. The project covers EPM 17604 and EPM 16749, totalling 272km² of tenure.
Develin Creek contains copper, zinc, gold and silver mineralisation hosted in several Volcanic Hosted Massive Sulphide (VHMS) deposits, including the Sulphide City, Scorpion and Window deposits.
The Develin Creek Resource stands at 4.13Mt at 1.37% CuEq for 56,581 tonnes of copper equivalent. 70% of this Resource sits in the Indicated JORC category.
QMines completed the 100% acquisition of the Develin Creek copper and zinc project from Zenith Minerals Limited on 30 September 2024.
Develin Creek's proximity to QMines' Mt Chalmers project creates potential for the combined development of both resources. QMines has identified this geographic relationship as a factor in its broader production hub strategy.