QMines Limited (ASX:QML)

QMines is a Queensland-based copper and gold exploration and development company. The Company owns 100% of three advanced, strategically located projects: Mt Chalmers (Cu-Au), Develin Creek (Cu-Zn), and Mount Mackenzie (Au-Ag). Together, these projects form the foundation of QMines’ hub-and-spoke production strategy in Central Queensland. • Mt Chalmers is a high-grade historic copper-gold-silver mine located approximately 25km northeast of Rockhampton. With a substantial JORC-compliant Ore Reserve and past production history, it is the centrepiece of QMines’ proposed processing hub. • Develin Creek, situated around 90km northwest of Rockhampton and just 45km from Mount Mackenzie, contains multiple near-surface copper-zinc deposits including Scorpion and Sulphide City. The project offers open-pit potential and strong metallurgical compatibility with Mt Chalmers. • Mount Mackenzie, located approximately 140km northwest of Rockhampton, hosts shallow gold and silver mineralisation with potential for low-cost development. It complements the Company’s broader multi-metal strategy and adds scale to the regional resource base. Combined, these assets support a JORC 2012 Mineral Resource of approximately 20 million tonnes. QMines is focused on discovery, resource conversion, and sustainable development of copper, gold, silver, and zinc in one of Australia’s most supportive mining jurisdictions.