Queensland Mining Corp has gained approval from major shareholder Tulla Resources to push through the White Range Copper Project.

Through an equity capital raising, Tulla invested $1.5 million in Queensland Mining to take up 28.2 million shares at $0.055 per share. It likewise received one unlisted option for every three placement shares, with an exercise price of $0.10 per option.

Following these, Tulla will hold 11.68 per cent shares in Queensland Mining, with another 0.94 per cent held through associated company Marlet Holdings.

Funds will be used as working capital to support Queensland Mining in the exploration drilling program and the development of White Range, south of Cloncurry in Queensland.

The White Range Project has a total resource of 36.3 million tonnes at 0.74 per cent copper, 0.03 per cent cobalt and 0.17 grams per tonne gold, for a contained 262,000 tonnes of copper, 25.8 million pounds of cobalt and 193,000 ounces of gold.

Queensland Mining's exploration program includes the Duck Creek Project, where the company recently discovered new high grade sulphides.

Tulla Resources approximately controls 12.62 per cent of Queensland Mining.