11:59 AEST June 9, 2011 ABN Newswire (C) 2004-2011 Asia Business News PL. All Rights Reserved.
Perth, Australia (ABN Newswire) - Queensland Mining Corporation (ASX: QMN) has updated and redesigned its website which contains a wide range of information on QMC's various projects, the direction the company is taking and its expanded capabilities.
The expanded website will keep shareholders and interested parties updated on what is happening at QMC as it moves into the next and exciting phase of the company's growth in accelerating the development of its copper and gold assets, in particular the White Range project.
Mr Howard Renshaw, the Managing Director, said 'With the recently enhanced management team we are well placed through drilling to focus our resources on upgrading and increasing the company's JORC Resources in conjunction with reviewing and updating the feasibility study of the White Range project over the next 6 months.'
Queensland Mining Corporation Ltd ('QMC') (ASX: QMN) is focused on the exploration and development of its suite of copper and gold projects in the Cloncurry region of northwest Queensland.
QMC is confident that early cash flow can be achieved from its Flamingo Copper Project and the Mount Freda / Gilded Rose Gold Projects. In conjunction with this development, high impact exploration is being undertaken for large IOCG style deposits (e.g. Ernest Henry and Olympic Dam) on the company’s Morris Creek and Jessievale properties.
The Cloncurry south project area includes the White Range Project has provided QMC with a large JORC compliant resource, that will provide the basis for a long life mining operation in the Cloncurry region. This purchase offers synergies with the existing QMC mining lease and exploration portfolio and ensures that the company will achieve its goal of being a major mining entity within the short to medium term.
Contact:
Howard V. Renshaw Managing Director Queensland Mining Corporation Limited Tel: +61-2-9251-6730 Email: admin@qmcl.com.au http://www.qmcl.com.au
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