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QML QMines News Story

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Basic MaterialsAdventurousMicro CapMomentum Trap

Australia's QMines sees best day ever on copper, gold, zinc find

** Shares of QMines Ltd  QML.AX  jump as much as 28% to
A$0.480,set for their best intraday session ever since their
debut on May 6
    ** Miner confirms https://www.asx.com.au/asxpdf/20211006/pdf/451bj2k0cxgf6h.pdf
 high-grade copper, gold and zinc mineralisation at its  Mt
Chalmers project in Queensland
    ** OML plans to commence its 1,800-line km Heli-EM survey in
H1 of FY22 to identify further targets
    ** Stock trades at its highest since May 28; about 1.4 mln
shares change hands, 9.4x the 30-day avg volume of 148,744
    ** Stock has risen ~39% YTD, as of Monday's close

 (Reporting by Aneetta Thomas in Bengaluru)
 ((Aneetta.Thomas@thomsonreuters.com;))

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