Australian (ASX) Stock Market Forum

QML - QMines Limited (2 Viewers)

System

Administrator
Joined
Jun 27, 2010
Posts
3,250
Reactions
89
QMines Limited holds a 100% interest in the Mount Chalmers project, located east of Rockhampton in Queensland. The Mount Chalmers copper and gold mine produced 1.24 Mt @ 2.0% Cu, 3.6g/t Au and 19g/t Ag during periodic mining between 1898 and 1982. The Company aims to create a low cost, low emission, sustainable mining operation to supply copper to the growing green energy sector and meet the anticipated demand growth.

The Company also holds a 100% interest in the Silverwood, Warroo and Herries Range projects located south east of Brisbane in Queensland. The Warroo project has also seen historic copper and gold mining activity which warrants further exploration.

Mt Chalmers Project
The Company’s flagship project, the Mt Chalmers Project, is situated approximately 17km north-east of Rockhampton in Queensland. The Company holds EPM 25935 and EPM 27428, which cover an area of approximately 51km² and it has recently extended the Mt Chalmers tenement package, applying for EPM 27726 and acquiring the application for EPM 27697, which cover an area of approximately 147km².

Silverwood Project
The Silverwood Project is located 15km south of the regional centre of Warwick in Queensland. The project consists of EPM 27281 and EPM 27724 which cover an area of approximately 234km².

Warroo Project
The Warroo Project is located 50km west of Stanthorpe in Queensland. The Warroo Project consists of EPM 26178 and EPM 27725, which cover an area of approximately 216km².

Herries Range Project
The Herries Range Project comprises three contiguous EPMs, EPM 25785, EPM 25786 and EPM 25788 covering an area of approximately 330km². The project is situated 40km west of Warwick in Queensland, covering the central and southern portions of the Warwick Goldfields.

It is anticipated that QML will list on the ASX during April 2021.

 

Dona Ferentes

Baron Samedi
Joined
Jan 11, 2016
Posts
3,785
Reactions
3,893
Listing date21 April 2021 #
Company contact details Ph: 02 8915 6241
Principal ActivitiesMinerals Exploration
GICS industry groupTBA
Issue Price$0.30
Issue TypeOrdinary Fully Paid Shares
Security codeQML
Capital to be Raised$20,000,000
Expected offer close date7 April 2021
UnderwriterNot underwritten. Shaw and Partners Limited (Lead Manager)
 

Users who are viewing this thread

Top