QMines Ltd (ASX:QML) has thanked non-executive chairman and director Simon Kidston for his service to the company following his resignation.
Kidston has advised the company that this decision has been made in order to focus on his other business interests.
QMines’ managing director Andrew Sparke has been appointed executive chairman of the company going forward.
“Has provided strong guidance”
Commenting on the resignation, Sparke, said; “Simon has been a valuable member of the QMines team and has provided strong guidance on the company's growth strategy, the recent Develin Creek acquisition and various capital markets initiatives.
“On behalf of the board and our shareholders, I would like to extend our sincere thanks to Simon for all his efforts throughout the year and wish him all the best with his other endeavours.”
About QMines
QMines is a Queensland-based copper and gold exploration and development company that holds rights to 100% of the Mt Chalmers copper-gold and Develin Creek copper-zinc deposits, which are within 90 kilometres of Rockhampton in central Queensland.
Mt Chalmers is a high-grade historic mine that produced 1.2 million tonnes at 2.0% copper, 3.6 g/t gold and 19 g/t silver between 1898 and 1982.
The Mt Chalmers and Develin Creek projects now have JORC 2012-compliant measured, indicated and inferred resources of 15.1 million tonnes at 1.3% copper equivalent for 195,800 tonnes of contained copper equivalent metals.