QMN queensland mining corporation limited

schedule

  1. 3,325 Posts.
    lightbulb Created with Sketch. 13
    Going from the quarterly, QMN have lots of drilling to start.

    First phase 10,000m of RC using a "powerful RC rig"
    Duck Creek (Commenced)
    Mt McNamara
    Trump
    Young Australian (Cause of QMN surging to 18.5c in December)
    Answer

    Anyone knowledgeable of if there is a reason for calling the RC rig powerful making it different to a normal RC rig? Are they using some turbo charged ramped up drilling rig to try drill faster?

    Second phase 20,000m is planned to commence in September

    This is from the highlights section of the quarterly:
    Planning was completed for a 30,000 metre RC and diamond drilling programme to commence in July to focus on the White Range project area, in particular at Greenmount leases, Young Australian, Black Fort area IOCG and Morris Creek

    Definite Feasibility Study (DFS) update for White Ranges (commenced)
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.