QMC to Re-Sample & Assay Locations With >2% Lithium
November 08 2017 - 7:30AM
QMC Quantum Minerals Corp., (TSXV:QMC)
(FRANKFURT:3LQ) (OTC PINK:QMCQF) (“
QMC” or
"the Company"). Crews have begun to re-locate and re-sample
at the anomalous (>2,000ppm Li2O) sites identified within the
company’s Irgon Lithium Mine Property, located in the Winnipeg
River Pegmatite Field in S.E. Manitoba. The anomalous sample
results were reported in the Fogwill Assessment Report which was
based on the 2011 assessment work (Manitoba AR #52L13324) and was
noted in the company’s news release of October 18, 2017.
These samples will be assayed to determine the concentration of
Li2O as they will be obtained from lithium-bearing pegmatitic
dikes, other than the Irgon dike, that are known to occur on the
property. The size and continuity of these dikes will be
evaluated and if results merit, these lithium-bearing dikes will be
more fully explored during the 2018 exploration program.
The Fogwill assessment report documented eight
grab samples, from the 2011 assessment work program that returned
with lithium values greater than 2,000 ppm. Sampling also
indicated dikes with elevated rubidium (greater than 2,000 ppm),
beryllium (greater than 1,000 ppm) and tantalum (to 280 ppm) which
suggests that other dikes on the property will require additional
evaluation.
Qualified Person and NI 43-101
DisclosureThe technical content of this news release has
been reviewed and approved by Bruce E. Goad, P. Geo. who is a
qualified person as defined by National Instrument 43-101.
About the CompanyQMC is a
British Columbia based company engaged in the business of
acquisition, exploration and development of resource properties.
Its objective is to locate and develop economic precious, base,
rare metal and resource properties of merit. The Company’s
properties include the Irgon Lithium Mine project two VMS
properties, the Rocky Lake and Rocky-Namew known collectively as
the Namew Lake District Project, and the Carrot River Gold
Property. Currently, all of the company’s properties are located in
Manitoba.On behalf of the Board of Directors
of
QMC QUANTUM MINERALS CORP.
“Balraj Mann”Balraj MannPresident and Chief
Executive Officer
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this news release.
Balraj MannPresident and Chief
Executive OfficerTel: (604)
601-2018email: info@qmcminerals.comweb: www.qmcminerals.com
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