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QMines sees significant development potential at flagship Mt Chalmers copper project - Vimarsana News

QMines sees significant development potential at flagship Mt Chalmers copper project

QMines sees significant development potential at flagship Mt Chalmers copper project QMines Ltd's (ASX:QML) (FRA:81V) Andrew Sparke tells Proactive its maiden diamond drilling program at the Mt Chalmers copper project in central Queensland returned grades of up to 13.4% copper and 6.11 g/t gold. Mt Chalmers has not been drilled since 1995 and the program was designed to validate historical drilling data compiled and digitised by the company over the previous six months since acquiring the project. Quick facts: QMines Ltd

PEAK ASSET: ARVO WRAP 06 MAY: 'Exhausted' ASX weighed down by Sydney COVID jitters | QMines debuts on ASX with $11.5m to fund copper-gold strategy at Mt Chalmers | China stocks fall on healthcare loss, Sino-West tensions; Hong Kong up | - Vimarsana News

PEAK ASSET: ARVO WRAP 06 MAY: 'Exhausted' ASX weighed down by Sydney COVID jitters | QMines debuts on ASX with $11.5m to fund copper-gold strategy at Mt Chalmers | China stocks fall on healthcare loss, Sino-West tensions; Hong Kong up |

$90B valuation. Our portfolio company NCL's chairman Ganesh Bangah joined Proactive Investors today to discuss the business' record quarterly result and talk about some of the opportunities in store. Click here to watch the full interview. Across Markets… The ASX200 retreated 0.5% from yesterday’s 14-month high after sharp tech selloff, a decline for NAB, and new coronavirus restrictions in Sydney. US futures were pointing to an early gain on Wall Street tonight, with the S&P500 and Dow E-Minis up 0.1%, and the Nasdaq E-mini up 0.2% NAB will pay shareholders an interim dividend of 60...

Sluggish start for miner - Vimarsana News

Sluggish start for miner

6th May 2021 7:10 PM Premium Content DISAPPOINTING START With copper prices surging to near record highs, you might have expected a Queensland-focused explorer hunting the precious metal to soar like a bottle rocket when it kicked off trading Thursday on the ASX. But unfortunately that didn't happen, with QMines suffering a surprisingly sluggish start. Its shares edged down slightly below the IPO issue price of 30 cents and stayed there all day, closing at 27 cents. Yet chairman and co-founder Andrew Sparke (illustrated) remains bullish on the outlook for the c...

Source: qt.com.au
Shaw and Partners sends terms for copper play QMines' float - Vimarsana News

Shaw and Partners sends terms for copper play QMines' float

Shaw and Partners sends terms for copper play QMines’ float Save Share Here’s a chance for Australian investors to get exposure to surging copper prices, which are up 90 per cent compared to March last year. Queensland copper play QMines is gunning for the ASX.  Louise Kennerley Queensland-based copper play QMines Limited put an initial public offering to fund managers on Wednesday, seeking to raise up to $20 million to fire up the long abandoned Mt Chalmers copper project. The company wants to start drilling at Mt Chalmers – just outside Rockhampton – again, almost thr...

Source: afr.com
Another dormant Rocky goldmine could be revived - Vimarsana News

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 exciting plans for the Mt Chalmers project. Mount Chalmers Tenement is located 17km northeast of the city...