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Overview of Q Precious & Battery Metals Corp. (BTKRF)
Q Precious & Battery Metals Corp. (BTKRF) is a Canadian mineral exploration company focused on the discovery and development of critical and precious metals essential to the global energy transition and advanced manufacturing industries. Headquartered in Vancouver, British Columbia, the company operates a diversified portfolio of exploration projects primarily located in Quebec, a region renowned for its rich mineral deposits and supportive regulatory environment. With a strategic emphasis on Volcanogenic Massive Sulphide (VMS) deposits, lithium-bearing pegmatites, gold, and rare earth elements (REE), QMET is positioned to address the growing demand for resources critical to renewable energy technologies and high-tech applications.
Core Business and Exploration Projects
QMET's exploration activities are centered around its 100%-owned mineral claims in Quebec. The company targets high-value resources across several key projects:
- La Corne South VMS + Pegmatite Lithium Project: Located north of Val d'Or, Quebec, this project focuses on VMS-style mineralization containing copper, zinc, silver, and gold. Recent drilling campaigns have confirmed the presence of disseminated to massive sulphide mineralization, supporting the exploration model for multi-element deposits. The project also includes lithium-bearing pegmatites, aligning with the growing demand for battery metals.
- McKenzie East Gold Property: Situated adjacent to the McKenzie Break Project, this property has demonstrated gold mineralization through multiple drilling programs. The company leverages advanced geophysical and geochemical surveys to identify high-priority targets for continued exploration.
- Pontax Lithium and Versant REE Properties: These recently acquired projects expand QMET's portfolio into the strategic metals sector, targeting lithium and rare earth elements critical for renewable energy and electronics industries.
- Lorrain Hydrogen Property: Located in the Ville-Marie region, this project explores the potential for natural hydrogen, an emerging clean energy resource. The property benefits from geological features conducive to hydrogen formation and containment, such as impermeable barriers and fault structures.
Strategic Position and Competitive Advantage
QMET's strategic location in Quebec provides access to a world-class mining jurisdiction with robust infrastructure, skilled labor, and favorable government policies supporting critical mineral exploration. The company's focus on advanced exploration techniques, including drone-supported geophysical surveys and deep-penetrating electromagnetic (TDEM) surveys, enhances its ability to identify and evaluate high-potential targets efficiently. Additionally, QMET's diversified asset base reduces reliance on a single commodity, mitigating risk and positioning the company to capitalize on multiple market opportunities.
Industry Context and Market Relevance
The global transition towards renewable energy and electric vehicles has significantly increased the demand for critical and battery metals. Resources such as lithium, copper, and rare earth elements are essential for manufacturing batteries, wind turbines, and other clean energy technologies. QMET's exploration activities align with these trends, making it a key player in the supply chain for sustainable development. Furthermore, the company's exploration of natural hydrogen underscores its commitment to innovation and its potential role in the emerging clean energy economy.
Commitment to Sustainability and Innovation
QMET integrates sustainable practices into its exploration programs, minimizing environmental impact while maximizing resource discovery. The company's collaboration with industry leaders and adoption of cutting-edge technologies reflect its dedication to innovation and responsible resource development. By targeting critical and precious metals, QMET contributes to the global effort to reduce carbon emissions and achieve energy independence.
Q Precious & Battery Metals Corp (CSE: QMET, OTCPK: BTKRF) has announced two significant developments: the closure of its first private placement tranche and the completion of the Matane Hydrogen Project acquisition.
The company raised $536,555.03 through a combination of flow-through shares at $0.09 per share and non-flow-through units at $0.075, with each unit including one common share and a two-year warrant exercisable at $0.10. The company paid $22,875 in finder's fees and issued 85,000 finder's warrants.
For the Matane acquisition, the company:
- Paid $25,000 to Zadkiel Holdings
- Issued 6 million common shares to sellers
- Granted a 1.2% revenue royalty to sellers (50% buyable for $1.2M)
- Issued 4 million shares to Quebec Innovative Materials Corp
- Granted QIMC a 0.80% revenue royalty (50% buyable for $800,000)
The Matane Hydrogen Project covers 80 claims spanning 26 kilometers along the Schicksock-South fault zone, featuring potential for natural hydrogen formation through oxidative hydrolysis and radiolytic reactions.
Québec Innovative Materials Corp. (QIMC) has provided updates on two natural hydrogen projects. At the St-Bruno-de-Guigues Project, the company reported hydrogen concentrations exceeding 7,000 ppm at 50-meter depths and is implementing deeper precision drilling. They've identified significant lithological shifts within the Cobalt Group and are deploying 800m tomographic geophysics near a multi-kilometer fault system.
QIMC also announced a strategic work program with Q Precious & Battery Metals Corp. (QMET) for the Matane Natural Hydrogen Project. The Matane project spans 26 km in the Appalachian region and features favorable geological conditions for hydrogen formation, including basaltic source rocks, Ordovician peridotites, and potassium-rich arkosic sedimentary rocks. The work program includes soil sampling, geophysical surveys, and hydrogeological studies.
Q Precious and Battery Metals Corp. (QMET) has announced significant drilling results from their La Corne South project in Val D'or, Quebec. The company completed three drill holes in fall 2024, with holes 24LCS-01 and 24LCS-03 showing strong VMS-style mineralization.
Notable results include:
- Hole 24LCS-03: 1.17% copper equivalent over 7.9 metres
- Peak values of 3.3% copper and 27.5 GPT silver
- Hole 24LCS-01: 0.83% copper equivalent over 25.45 metres
The drilling program tested approximately 50 metres of target strike length indicated from TDEM conductor and magnetic high. Two additional TDEM targets have been identified about two kilometers southeast, with permit extensions in process for drill access. The company plans to continue drilling this Winter.
Q Precious and Battery Metals Corp. (CSE:QMET) has provided an update on diamond drilling targeting at their La Corne South project near Val d'Or, Quebec. The company reports that previous drilling (hole 24LCS-01) revealed VMS-style mineralization with elevated copper, zinc, silver, and gold.
Further drilling is planned for early 2025, focusing on TDEM anomalies EMG-1 and EMG-2, which may be located within the same volcanic horizon. The geophysical surveys indicate a potential corridor of magnetic and electromagnetic anomalies spanning two kilometers, which remains open to the northwest.
The company has submitted 278 core samples from the first three holes to ALS laboratory in Val d'Or for analysis, including tests for 48 elements and precious metals. Quality control measures include blanks, standards, and duplicates inserted every 10 samples.
Q Precious and Battery Metals announces the resumption of diamond drilling at their La Corne South project near Val d'Or, Quebec for winter 2024-2025. Previous drilling results from hole 24LCS-01 showed significant VMS-style mineralization with:
- 1.8% copper equivalent over 6.1 metres, including 2.56% copper equivalent over 3.95 metres
- 0.83% copper equivalent over 25.45 metres total mineralized zone
The company plans to continue testing geophysical anomalies, with a primary target located 215m below surface. The exploration corridor extends over two kilometers and remains open to the northwest. Results from holes 24LCS-02 and 24LCS-03 are pending.
Q Precious and Battery Metals Corp. (CSE:QMET)(OTC:BTKRF) announces that its Lorrain claims are situated within the new hydrogen exploration area in Quebec's Ville-Marie region. The 11 claims, totaling 633 hectares, are located 2km north of Béarn and 5km east of Ville-Marie. The property, staked in 2020, contains geological features favorable for hydrogen exploration, including Cobalt Group sedimentary rocks, Nipissing mafic dykes, and sills that can act as impermeable barriers for hydrogen trapping. The area has seen increased interest following Quebec Innovative Materials Corp's discovery of elevated hydrogen gas in soil.
Q Precious & Battery Metals Corp. (CSE:QMET, OTC:BTKRF) announced significant results from its first drill hole at the La Corne South project in Val d'Or, Quebec. Hole 24LCS-01 revealed robust VMS-style mineralization with high-grade intercepts including:
- 4.2% copper, 4% zinc, 0.17 ppm gold, and 30.3 ppm silver over 0.55 meters
- 1.8% copper equivalent over 6.1 meters
- 0.83% copper equivalent over 25.45 meters
The company completed three drill holes totaling 426 meters, testing a 50-meter strike length of a TDEM conductor and magnetic high. Results from the other two holes are pending. QMET plans to drill 5-6 additional holes along a 2-kilometer corridor targeting strong TDEM conductors.
Q Precious and Battery Metals Corp. (CSE:QMET, OTC:BTKRF) has announced progress in its drilling program at the La Corne South project near Val d'Or, Quebec. The company has completed three drill holes totaling 426 metres, all intersecting disseminated to massive sulphide mineralization including copper and zinc minerals. These findings confirm the TDEM survey conductive bodies as sulphide mineralized targets.
Key highlights:
- Drill hole 24LCS-01 revealed significant mineralized bands 2-5 metres wide
- Hole 24LCS-02 showed disseminated sulphide mineralization with some semi-massive sulphide up to 2 metres width
- Hole 24LCS-03 intercepted semi-massive pyrrhotite and chalcopyrite over a 5-metre interval
The company plans to continue drilling to test other TDEM anomalies along a 2-kilometre corridor, with 7-9 drill holes planned. Core samples are being analyzed to verify metal content, including potential Cu-Zn-Ag-Au mineralization.
Q Precious and Battery Metals Corp. (CSE:QMET) has intersected volcanogenic massive sulphides in the first drill hole at its La Corne South project near Val d'Or, Quebec. Drill hole 24LCS-01, completed at 144 meters depth, revealed several mineralized bands 2-5 meters wide, containing pyrrhotite, chalcopyrite, and sphalerite. The company plans to test a 2-kilometer corridor with 7-9 drill holes averaging 120-150 meters depth. Core samples will be analyzed to verify metal content, including potential Cu-Zn-Ag-Au. QMET's geologic team is encouraged by these initial results, which support their VMS exploration model for the area.
Q Precious and Battery Metals Corp. (CSE:QMET) has commenced diamond drilling at its La Corne South project in Val d'Or, Quebec. This campaign targets a TDEM conductive anomaly and a magnetic high with historic intersections of copper, silver, zinc, and gold. The drilling involves 7-9 holes, each 120-150 meters deep, aimed at massive sulphide potential.
Explo-Logik Inc. will oversee drilling and core sampling. The results will guide future drilling plans. QMET holds a 100% interest in various Quebec properties, focusing on critical and precious metals, including La Corne South, McKenzie East Gold, Pontax Lithium, and Versant REE properties.