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QMines Builds Mt Chalmers Case With $15 Million QIC Backing

5:20pm on Wednesday 30th of September, 2026 AEST • Mining
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QMines Builds Mt Chalmers Case With $15 Million QIC Backing

5:20pm on Wednesday 30th of September, 2026 AEST
Key Points
  • $15 million QIC package split between equity and a 2% royalty
  • Mt Chalmers DFS based on a phased 1Mtpa development
  • $4.43 million FY2026 net loss and $9.21 million operating cash outflow
  • $14.25 million cash balance at 30 June 2026
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