BUZZ-Australia's QMines jumps on bets of more minerals at Queensland project

Reuters

01/13

** Shares of QMines jump 20.8% to A$0.058, set for its biggest intraday pct surge since mid-Aug 2024

** Miner says infill drilling has lifted confidence in continuity of copper, gold, silver and zinc mineralisation at the Develin Creek project in Queensland

** Adds, step-out drilling has identified a potentially new mineral deposit style at the nearby Window copper prospect

** Stock at a near one-month high, with trading vol of 405,000-plus shares about 1.2x the 30-day avg

** Stock lost 34% last year

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com;))

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