Latest Qmines (ASX:QML) News

A single biotech result reset expectations in minutes, while gold and critical minerals kept investors busy on deals, drilling and funding. The week’s biggest moves came from one trial being stopped, a miner losing altitude after heavy selling, and a U.S. tungsten stock hit hard on risk-off trading.

Gold names split cleanly this week: one stock rocketed on tangible production progress, while another cratered as selling overwhelmed a big plan. Critical minerals kept drawing attention, but several gap-ups didn’t hold once early buyers took profits.

QMines Limited's latest deep drilling at Mount Mackenzie reveals multiple high-grade gold, silver, and copper zones, with geological signs pointing to a potential porphyry copper-gold system at depth.

Rare earths and gold dominated the tape, with one small-cap rare earth explorer ripping more than 70% on a single drilling headline. Gold producers, meanwhile, kept turning high bullion prices into dividends, buy-backs and bigger balance sheets.

QMines Limited has reported visible gold in diamond core drilling at its Mount Mackenzie project, marking a promising development in its high-grade epithermal system exploration. While assays are pending, follow-up drilling is underway to better understand the mineralisation’s extent and continuity.

QMines Limited has significantly upgraded its Develin Creek Mineral Resource, increasing Indicated Resources by 46% and total resources by 14%, setting the stage for Phase 2 development planning.

QMines Limited has made significant strides in its Queensland projects with high-grade drilling results at Mount Mackenzie and Develin Creek, backed by a $9 million capital raise to support exploration and development.

A few stocks did the heavy lifting this week, with one biotech exploding higher and a gas name collapsing on the other side of the ledger. Big moves came from capital raises, regulator decisions, and drill results that investors treated as near-term value, not distant promises.

QMines Limited’s maiden drilling program at Mount Mackenzie delivers consistent high-grade gold and silver results, confirming multiple mineralised zones with promising depth extensions. The company advances towards an updated Pre-Feasibility Study, underpinning future mine design and resource growth.

QMines Limited’s initial drilling results at Mount Mackenzie confirm high-grade gold and silver mineralisation, reinforcing the project’s potential within their Central Queensland hub strategy.

QMines Limited has completed a major drilling campaign at its Sulphide City deposit, revealing multiple high-grade copper-zinc zones and setting the stage for an integrated Pre-Feasibility Study in 2026.

QMines Limited has successfully raised over $1 million through its Share Purchase Plan, aiming to accelerate exploration at its Mt Mackenzie gold and silver project. The new shares are set to be issued mid-November, marking a key step in the company’s growth strategy.