Mt Mackenzie
Gold Project
Shallow, high-grade gold and silver mineralisation, with a growing resource and near-term development potential.
ASX:QML $0.066
Shallow, high-grade gold and silver mineralisation, with a growing resource and near-term development potential.
Mount Mackenzie is a 100%-owned gold and silver project located approximately 140km northwest of Rockhampton and 45km from QMines’ Develin Creek Project.
Acquired from Resources & Energy Group in mid-2025, the project contains shallow, high-grade mineralisation and is supported by a completed Scoping Study, a granted Mining Development Licence (MDL 2008), freehold land, and strong metallurgical recovery. QMines has since completed an updated Mineral Resource Estimate for the project, adding scale and confidence to the development pathway.
In 2026, QMines extended the high-grade gold corridor at North Knoll through a 73-hole drilling campaign that confirmed bonanza gold and silver intercepts. Final assay results published June 2026 support the project’s transition into further PFS-level work.
On 5 August 2026, QMines announced the second Mt Mackenzie Resource Upgrade. Since acquiring the project, QMines has increased the Resource by 32% in contained gold and 30% in contained silver, with approximately 70% of contained gold now Indicated.
With a growing resource and proximity to existing infrastructure, Mount Mackenzie strengthens QMines’ vision for a Multi-Project Copper & Gold Production Hub in Central Queensland.
The Mount Mackenzie Resource now stands at:
5.2Mt @ 1.01g/t Au & 6.7g/t Ag for 170,000oz gold & 1.12Moz silver.
Approximately 70% of contained gold is now classified as Indicated. The deposit remains open along strike and at depth.
Mount Mackenzie includes a granted Mining Development Licence (MDL 2008), freehold land, and a completed Scoping Study.
With shallow, high-grade oxide and primary zones now backed by a 170,000oz gold resource, the project remains strongly aligned for open-pit development, with the August 2026 update supporting further PFS-level work.
Located just 45km from Develin Creek, Mount Mackenzie benefits from proximity to QMines’ broader infrastructure network, including the Mt Chalmers project.
Its compatibility with the Mt Chalmers flowsheet positions it as a key contributor to QMines’ Multi-Project Copper & Gold Production Hub vision for Central Queensland.
Developing a Multi-Project Copper & Gold Production Hub in Central Queensland, Australia.
Mt Mackenzie is a 100%-owned gold and silver project located approximately 140km northwest of Rockhampton, Queensland, carrying a JORC Mineral Resource of 5.2Mt at 1.01g/t gold and 6.7g/t silver for 170,000 ounces of gold and 1.12 million ounces of silver. The project holds a granted Mining Development Licence (MDL 2008), a completed Scoping Study, and freehold land, supporting its near-term development potential. Located 45km from Develin Creek, Mt Mackenzie forms part of QMines' Multi-Project Copper & Gold Production Hub in Central Queensland.
Mt Mackenzie is located approximately 140km northwest of Rockhampton in Queensland, Australia, and approximately 45km from QMines' Develin Creek project.
Mt Mackenzie is a gold and silver project, with shallow high-grade oxide and primary mineralisation suited to open-pit mining.
The Mt Mackenzie Mineral Resource Estimate stands at 5.2Mt at 1.01g/t gold and 6.7g/t silver, for 170,000 ounces of gold and approximately 1.12 million ounces of silver. Approximately 70% of the contained gold is classified in the Indicated JORC category, and the deposit remains open along strike and at depth.
Mt Mackenzie holds a granted Mining Development Licence (MDL 2008), a completed Scoping Study, and freehold land. The project is currently undergoing further PFS-level work.
QMines acquired Mt Mackenzie from Resources and Energy Group in mid-2025.
Since acquiring the project, QMines has increased the Resource by 32% in contained gold and 30% in contained silver. The Resource now stands at 5.2Mt at 1.01g/t gold and 6.7g/t silver for 170,000 ounces of gold and 1.12 million ounces of silver, with approximately 70% of contained gold classified as Indicated.