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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 story over the next 18-24 months and to demonstrate that there is more copper and gold mineralisation underneath and around the historical high-grade mine.

New south walesHerries rangeAndrew sparkeMt chalmersFrankfurt stock exchangeDeep diveSmall capsMines ltdSx qmlபுதியது தெற்கு வேல்ஸ்ஆண்ட்ரூ ஸ்பார்க்ம்த் சால்மர்ஸ்பிராங்க்ஃபர்ட் ஸ்டாக் பரிமாற்றம்ஆழமான டைவ்சுரங்கங்கள் லிமிடெட்

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

V andrew sparkeMt chalmersAndrew sparkeDirector interviewsSmall capsGold silverMines ltdSx qmlம்த் சால்மர்ஸ்ஆண்ட்ரூ ஸ்பார்க்இயக்குனர் நேர்காணல்கள்பழையது வெள்ளிசுரங்கங்கள் லிமிடெட்

QMines Ltd soars on returning grades of up to 13 4% copper and 6 11 g/t gold at Mt Chalmers Project

QMines Ltd soars on returning grades of up to 13 4% copper and 6 11 g/t gold at Mt Chalmers Project
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Andrew sparkeMt chalmersQmines ltdPlanetary geophysicsஆண்ட்ரூ ஸ்பார்க்ம்த் சால்மர்ஸ்

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¢ after it reported cash earnings of $3.3b for the half, a 48.1% jump on the previous period. Shares in the lender still dropped 3% to $26.56

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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 company, which raised $11.5m from investors, including a sizeable contingent of institutional and European-based backers. That exceeded their target of a $10m minimum.

New south walesDan lanskeyAndrew sparkeMt chalmersCity beatபுதியது தெற்கு வேல்ஸ்டான் லான்ஸ்கிஆண்ட்ரூ ஸ்பார்க்ம்த் சால்மர்ஸ்நகரம் அடி