Shares of QMines (ASX:QML) soar to a remarkable 13.3% increase, reaching A$0.170, the highest level seen since May 3rd.
QMines, a significant copper and gold miner, announced a noteworthy discovery of visible copper sulphide mineralisation at Artillery Road Prospect, situated in Queensland.
QMines suggests that the prospect holds the potential for large copper reserves, with more discoveries anticipated.
Despite this positive news, the company’s stock has experienced a fall of 9.1% during this year up to the most recent closure.
QMines is an Australian copper and gold mining company with significant projects, notably in Queensland.