Company Encyclopedia
View More
name
QMines Ltd.
QML.AU
News
View More

QMines Identifies New Gold Targets at Mount Mackenzie

QMines Ltd. has identified new gold targets at the Mount Mackenzie Gold Project through high-resolution magnetic data reprocessing, revealing a 1.5 km-long magnetite-destruction corridor linked to existing gold-silver mineralization. The company has initiated a dual-rig drilling program to explore these targets, which may enhance the project's scale and geological understanding, potentially benefiting stakeholders. QMines operates in the mining sector, focusing on gold and silver projects in Queensland, Australia, with a current market cap of A$29.31M and an average trading volume of 1,609,657.

Tip Ranks·
Tip Ranks·

QMines Clarifies Feasibility Study Parameters Amidst Ongoing Project Evaluations

QMines Ltd. has clarified its feasibility study parameters for the Sulphide City project, retracting previous statements that could be seen as production targets, which were described as aspirational throughput parameters. The company is focusing on ongoing studies at its Mt Chalmers, Develin Creek, and Mt Mackenzie projects. QMines, a Queensland-based copper and gold exploration company, aims to discover new deposits and transition to sustainable copper production. Current market cap stands at A$26.44M with a trading volume of 1,110,020.

Tip Ranks·
Tip Ranks·

QMines Completes Acquisition of Mt Mackenzie Project

QMines Ltd. has completed the acquisition of the Mt Mackenzie Gold and Silver Project by issuing 33 million shares. The company is focused on exploration and drilling at its Develin Creek and Mt Chalmers projects, aiming to enhance its resource base in the copper and gold industry. QMines owns 100% of the Mt Chalmers and Develin Creek deposits in Queensland and is committed to sustainable copper production. Current market cap stands at A$21.12M.

Tip Ranks·
Tip Ranks·

QMines Ltd. Issues 5 Million Unlisted Options

QMines Ltd. has announced the issuance of 5 million unlisted options exercisable at $0.0675, expiring on May 6, 2028. This decision is part of previously disclosed transactions and may influence the company's financial strategy and stakeholder interests. The current market cap of QMines Ltd. is A$17.16M, with an average trading volume of 861,210 and a technical sentiment signal indicating a 'Sell' recommendation.

Tip Ranks·
Tip Ranks·

QMines Ltd. Expands Portfolio with Mount Mackenzie Acquisition

QMines Ltd. has announced the acquisition of the Mount Mackenzie project, enhancing its portfolio with a high-grade gold and silver venture. This strategic move aims to strengthen QMines' market position and resource base, potentially increasing stakeholder value. The company, focused on mineral resource exploration and development, operates projects like Mt Chalmers and Develin Creek. Current market cap stands at €10.34M, with a year-to-date price performance of -30.0%.

Tip Ranks·
Tip Ranks·