• Completed $15m strategic funding package with QIC, fully funding DFS
• Advanced Mt Chalmers DFS with six geotechnical holes completed
• Completed maiden drilling program at Mt Mackenzie with significant gold results
• Commenced 10,000m drilling program at Mt Chalmers with promising initial results
• Expecting several significant catalysts in the September quarter

QMines Ltd. reported significant progress in its June quarter activities, highlighted by the completion of a $15m strategic funding package with the Queensland Investment Corporation, fully funding the Definitive Feasibility Study (DFS) for the Mt Chalmers Copper Gold Project. The company also advanced the DFS with six geotechnical holes completed and metallurgical drilling underway. At the Mt Mackenzie project, QMines finished its maiden 73-hole, 9,798m drilling program, revealing significant gold and silver mineralization. Additionally, QMines started a 10,000m drilling program at Mt Chalmers, with initial results including high-grade gold and copper intercepts. The company expects the September quarter to generate several significant catalysts for its shareholders.

QMines anticipates significant catalysts in the September quarter as a result of ongoing drilling and DFS activities.