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QMines targeting updated resource model following high-grade results at Mt Chalmers QMines Ltd's (ASX:QML) Andrew Sparke talks Proactive through 'bonanza-grade' zinc and lead results along with high-grade copper, gold and silver, from recent diamond drilling at the flagship Mt Chalmers copper Project. The final four diamond holes returned numerous high-grade precious and base metal intersections with strong polymetallic grades including 2.2 metres at 0.85 g/t gold, 41 g/t silver, 0.54% copper, 8.3% lead and 16.8% zinc from drill hole MCDD001. Quick facts: QMines Ltd

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 company's 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 placed to benefit from the expected uptick in copper demand over the next decade, driven by electri...

The former director of a resources company which failed to fulfil environment obligations and was refused exploration permits by the State Government has lost a bid to have the refusal overturned.

Premium Content Subscriber only A spike in share prices preceding the announcement of positive mineral grading results by the company exploring Mount Chalmers caused the Australian Securities Exchange to ask whether information had been leaked early - but no wrongdoing was found. In an announcement on May 19, QMines chairman Andrew Sparke called copper, gold, and silver assay results at Mount Chalmers “outstanding”, saying they validated the company’s view that its project had “significant development potential”. “Mt Chalmers has been dormant for over 25 years w...

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 story over the next 18-24 months and to demonstrate that there is more copper and gold mineralisation...