Queensland Pacific Metals Ltd. (AU:QPM) has released an update.
Queensland Pacific Metals Ltd. has initiated a significant step in its production growth strategy by commencing drilling for seven new wells in the Teviot Brook South area, a region known for high productivity within the MGP field. The drilling campaign involves creating Surface to Inseam well pairs designed to boost production, with the entire program supported financially by the Dyno Nobel Development Funding Facility. The company’s ongoing well workover program is also contributing to increased production levels.
For further insights into AU:QPM stock, check out TipRanks’ Stock Analysis page.
