QMines

Name: QMines
Address: Suite J/Building 34 Suakin Drive, Mosman, NSW, 2088, AU
Telephone: +61289156241

Sustainable Australian Copper

16/06/2026

Desktop structural work has interpreted a conceptual 4km corridor connecting three copper-gold deposits at Mt Chalmers. The ground between them has barely been touched by modern drilling.

Woods Shaft is our first priority drill test within this conceptual corridor. Our 2022 RC drilling there returned 37m @ 3.14g/t Au and 0.82% Cu from 4m (downhole length, ended in mineralisation). All eleven holes ended in mineralised material.

An RC and diamond drilling program is being finalised. Details to follow before field activities start.

➡️ https://qmines.com.au/announcements/new-gold-copper-drill-targets-mt-chalmers-growth-potential/

11/06/2026

Short answer: yes, but the reason most people cite isn't the strongest part of the case.

We've published our read on the copper investment thesis, covering supply, demand, and where we think the real story sits.

The view from inside a Queensland copper developer is a bit different from what you'll find in a fund manager's note.

➡️ https://qmines.com.au/is-copper-a-good-investment/

04/06/2026

Mt Chalmers has been a copper-gold mine since 1898. When we acquired the project, the historic production record was the first piece of evidence. The drilling that followed confirmed an 11.86Mt Mineral Resource at 1.22% copper equivalent and set the stage for the DFS now underway.

Old mines often have the most to say.

https://qmines.com.au/projects/

03/06/2026

We called our DFS announcement "rapid", and Mining.com.au's Maddison Elliott explained what that actually means on the ground.

Five workstreams running in parallel: environmental approvals, mining studies, geotechnical work, metallurgical test work, and process engineering. The geological and structural model is already complete. The DFS target is year-end, fully funded by the $15 million QIC investment.

Parallel ex*****on is what earns the word.

➡️ https://mining.com.au/qmines-on-rapid-pathway-to-mt-chalmers-dfs/

01/06/2026

We just released a DFS progress update for Mt Chalmers, and there's a lot moving.

Seven specialist teams are now working through every part of the Definitive Feasibility Study simultaneously. They're targeting completion by the end of this year. The whole thing is fully funded by the $15 million QIC investment that landed earlier in 2026, so there's no waiting on capital raises between workstreams.

It's the kind of update that shows the gears really are turning.

➡️ https://qmines.com.au/announcements/

29/05/2026

Five years listed. The whole team together: Andrew Sparke, Richard Wittig, Peter Caristo, Suzanne Gabriele, and Elissa Hansen. Cake and a strategy meeting in one sitting, which is very much the QMines way.

A lot has been built since 2021. Pre-feasibility complete. Definitive Feasibility Study underway. Three projects. A $15 million institutional investment through the door. A team that has stayed focused through every phase of the cycle.

Here's to year six.

27/05/2026

Andrew's reaction in this clip is worth watching closely. Not because of what he says, but because of the surprise behind it.

A Queensland Government-backed fund chose to take equity in a small-cap miner. Not a grant, not a loan: equity, with all the commercial logic that implies. Andrew has spent years in this industry. He knows how rare that is.

The full interview goes deeper into what the $15M actually funds from here.
➡️ https://youtu.be/-rcTvD0rwo0

25/05/2026

The room said it all.

Landholders, local council, state government, the Queensland Resources Council, Trade and Investment Queensland, and local resources businesses, all together in Rockhampton, talking seriously about the region's future.

QMines' Andrew Sparke presented and joined the panel discussion. Peter Caristo was also there representing QMines.

Thank you to Advance Rockhampton for putting it together.

20/05/2026

All conditions on the $15 million QIC investment have been satisfied.

Alongside this, QMines has converted a $1 million convertible note and is now debt-free, with the security over the Mt Mackenzie tenements released. The balance sheet is clean as the company moves toward completion and the next phase of work at Mt Chalmers.

➡️ https://qmines.com.au/announcements/

19/05/2026

This Thursday, Andrew Sparke presents at Grounded in Growth: Resources of Tomorrow, hosted by Advance Rockhampton at the Rockhampton Leagues Club.

Joining Andrew on stage: Queensland Resources Council, Queensland Magnesia (QMAG), and Heritage Minerals. Four organisations building in this region for the long term.

Free event, lunch included.
📅 Thursday 21 May 2026
⏰ 12pm – 2pm
📍 Rockhampton Leagues Club

Registration: https://www.advancerockhampton.com.au/Events/Business-and-Industry-Events/Grounded-in-Growth-Resources-of-Tomorrow

Address

Suite J/Building 34 Suakin Drive
Mosman, NSW
2088

Telephone

+61289156241

Website

http://www.qmines.com.au/

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