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The survey will be flown over the Mt Chalmers, Tracker and Striker prospects and will be used in conjunction with all current data sets to define...
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...
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...
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