QMines Completes Acquisition of Mt Mackenzie Project

Tip Ranks
2025.07.11 08:42
portai
I'm PortAI, I can summarize articles.

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.