QMines Limited reports exceptional initial drilling results at Develin Creek project

QMines Limited (ASX:QML) has reported outstanding initial drilling results from its Develin Creek project, located approximately 90km northwest of Rockhampton in Queensland. The drilling program has progressed well with 14 holes for 1,700m now complete, showcasing excellent initial results from the Scorpion Prospect, including high-grade copper, gold, silver, and zinc deposits. The results demonstrate the potential for the Scorpion deposit to significantly extend the mine life at Mt Chalmers. QMines is set to complete the drilling program this year and provide an updated mineral resource estimate soon after.

Executive commentary on the drilling program

We are especially pleased with these initial results from the first drillholes completed at the Develin Creek copper project. With the recent announcement of positive metallurgical testwork results along with the imminent acquisition of the remaining interest in the Project, we look forward to completing the drilling program this year and providing an updated mineral resource estimate soon after. - Andrew Sparke, Chairman of QMines

Summary of Develin Creek drilling results and outlook

QMines Limited (ASX:QML) has achieved exceptional initial drilling results at its Develin Creek project, indicating the presence of high-grade copper, gold, silver, and zinc deposits. The results from the Scorpion Prospect demonstrate the potential for significant growth in the mine life at Mt Chalmers. The company is on track to complete the drilling program and provide an updated mineral resource estimate, building on the positive metallurgical testwork results. QMines' objective is to make new discoveries, commercialize existing deposits, and transition towards sustainable copper production. The imminent acquisition of the remaining interest in the Develin Creek project further underscores the company's commitment to its corporate strategy and growth objectives.