QMines Limited (ASX: QML) announced the finalization of an access agreement for its top-priority Electromagnetic (EM) target, VT04. This significant development follows the successful modelling of multiple EM plate anomalies, each boasting dimensions exceeding 600 meters by 250 meters. Notably, VT04 represents a concealed EM target concealed beneath colluvium and previously untapped exploration efforts. With an initial drill program meticulously designed and site access now officially approved, the Company is primed to commence drilling activities. These operations will kick off upon the successful completion of the ongoing Artillery Road program.
VT04 holds a pivotal position within QMines flagship project, the Mt Chalmers Copper Gold Project, strategically located just 17 kilometres northeast of Rockhampton, Queensland. This exciting milestone underscores the Company's commitment to advancing its exploration endeavours and unlocking the full potential of this promising region.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
