QMN queensland mining corporation limited

bring on 2011

  1. 1,570 Posts.
    Clive Tompkins: Howard, last question. QMC has an impressive collection of assets in the Cloncurry region,where do you see QMC in twelve month?s time?

    Howard Renshaw: With a substantially increased JORC resource both in copper and gold especially.And on the back of that, we should be well down towards if not in production in our copper at White Range or getting very close to it, and in production of gold at Gilded Rose and or Mt Freda.

    In the last twelve months we?ve drilled 4,000 metres of RC and diamond at Mt. Freda and 3,000 metres of RC at The Gilded Rose to bring it back into JORC categories. Along with that mine and design and scoping studies for economics, so that we can move into production again on the back of the plant and infrastructure and equipment we have there.

    Mt Freda miming and resource modeling announcement due out soon.
 
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