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QMines Ltd well placed to pursue development of Mt Chalmers Project amid increased copper demand

QMines well placed to pursue development of Mt Chalmers Project amid increased copper demand The prevailing copper price due to global concerns around forward demand, driven by green stimulus and greater take-up of electric vehicles, is set to create a persistent supply deficit, which bodes well for the companys Queensland project. The company is focused on aggressive exploration in the near term as it aims to expand the project’s resource. QMines Ltd (ASX:QML) (FRA:81V) is well ...
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QMines Ltd sets sights on resource growth at historic Mt Chalmers Copper-Gold Mine in Queensland

QMines Ltd (ASX:QML) (FRA:81V) released highly encouraging results from its maiden diamond drilling at the Mt Chalmers Copper Project in Queensland this week and has immediately moved to a 3,000-metre reverse circulation (RC) drilling campaign. The newly listed company, which aims to be Queensland’s next copper and gold developer, has an extensive drilling program planned, funded by its recent IPO which raised $11.5 million. Its exploration goal is to establish a strong copper development st...
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Another dormant Rocky goldmine could be revived

Premium Content Subscriber only Near-record gold prices are triggering a rethink on the viability of Central Queensland’s long-dormant gold mines with mineral exploration activity anticipated to begin at the Mount Chalmers mine site within months. Hot on the heels of November’s news that Heritage Minerals’ $60 million Mount Morgan gold recovery project could be reactivated before the end of 2021, Australian based exploration and development company QMines Limited has revealed its excitin...
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