Q Precious & Battery Metals Drills 3.3% Copper, 27.5 GPT Silver, and Traces Gold 1.17 % Copper Equivalent Over 7.9 Metres La Corne South Project, Val D’or Quebec

Rhea-AI Summary

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.

Positive

• Strong mineralization results with 1.17% copper equivalent over 7.9 metres in hole 24LCS-03
• Peak values of 3.3% copper and 27.5 GPT silver in drill samples
• Extensive mineralization zone in hole 24LCS-01 with 0.83% copper equivalent over 25.45 metres
• Two new TDEM targets identified for future drilling

Negative

• True widths of mineralization not yet determined
• Permit extensions still pending for new target access

VANCOUVER, BC / ACCESS Newswire / January 20, 2025 / Q Precious and Battery Metals Corp. ("QMET" or the "Company") (CSE:QMET)(Frankfurt:0NB)(OTC:BTKRF) is very pleased to present the results of core samples taken from drill holes 24LCS-02 and 24LCS-03 from their La Corne South project. Three drill holes were completed in the fall of 2024, with the results from holes 24LCS-01 and 24LCS-03 returning robust VMS-style mineralization with elevated copper, zinc, silver, and gold.

The below table summarizes the drill hole collar information;

HOLE id	Azimuth	Dip	Depth	UTM E	UTM N
LCS-24-01	040	-45	144.6	297970	5354750
LCS-24-02	055	-45	144	297970	5354750
LCS-24-03	054	-45	137.65	297942	5354812

From drill holes 24LCS-02 and 24LCS-03, significant downhole intercepts were returned primarily from hole 24LCS-03, including;

• 108.75-109.75 - 2.68% copper, and 23.45 ppm silver

• 110.2-111.4 - 2.66% copper, and 24.05 ppm silver

*True widths of mineralization have not yet been determined

The above intercepts are within a larger envelope of mineralization from 104.85 metres to 112.75 metres down hole. A table summarizing the results from holes 24LCS-02 and 24LCS-03 is provided below;

Hole_id	SampleID	From	To	width	Cu%	Agppm	Au gpt	Sulphides
LCS-24-02	E184001	123.65	124	0.35	0.117	0.806	0.017	Na
LCS-24-03	E184046	96.1	97	0.9	0.216	1.105	0.041	Chalcopyrite-pyrrhotite
LCS-24-03	E184057	104.85	105.35	0.5	0.246	2.56	0.013	Pyrrhotite-pyrite(-chalcopyrite) stockwork
LCS-24-03	E184058	105.35	106	0.65	0.162	1.525	0.004	Chalcopyrite
LCS-24-03	E184059	106	106.55	0.55	0.355	3.38	0.011	Chalcopyrite
LCS-24-03	E184061	106.55	107.1	0.55	0.716	6.65	0.018	Semi-massive pyrrhotite-chalcopyrite over 10cm within a halo of disseminations
LCS-24-03	E184062	107.1	107.75	0.65	0.498	4.62	0.039	Semi-massive pyrrhotite-chalcopyrite within a halo of disseminations
LCS-24-03	E184063	107.75	108.25	0.5	0.381	3.42	0.01	Semi-massive pyrrhotite-chalcopyrite within a halo of disseminations
LCS-24-03	E184064	108.25	108.75	0.5	0.368	3.46	0.008	Semi-massive pyrrhotite-chalcopyrite within a halo of disseminations
LCS-24-03	E184065	108.75	109.25	0.5	2.02	19.4	0.07	Semi-massive pyrrhotite-chalcopyrite within a halo of disseminations
LCS-24-03	E184066	109.25	109.75	0.5	3.34	27.5	0.106	Semi-massive pyrrhotite-chalcopyrite within a halo of disseminations
LCS-24-03	E184067	109.75	110.2	0.45	0.483	4.69	0.007	Semi-massive pyrrhotite-chalcopyrite within a halo of disseminations
LCS-24-03	E184068	110.2	110.8	0.6	2.2	20.8	0.045	Semi-massive pyrrhotite-chalcopyrite within a halo of disseminations
LCS-24-03	E184069	110.8	111.4	0.6	3.11	27.3	0.028	Semi-massive pyrrhotite-chalcopyrite within a halo of disseminations
LCS-24-03	E184071	111.4	112	0.6	0.1155	1.22	0.008	Pyrite-chalcopyrite
LCS-24-03	E184072	112	112.75	0.75	0.424	3.8	0.009	Pyrrhotite-chalcopyrite

A weighted average copper equivalent for hole 24LCS-03 continuous intercept from 104.85 metres to 112.75 metres downhole depth is calculated as;

• 1.17 % copper equivalent** over 7.9 metres*

*True widths of mineralization have not yet been determined

**Copper equivalents utilize CAN $124.54 per gram gold, $1.41 per gram silver, and $4.50 per pound copper.

As previously reported, significant downhole intercepts from hole 24LCS-01 were summarized as follows (previous News Release September 2024):

• 122.75-123.3 - 4.2% copper, 4% zinc, 0.17 ppm gold, and 30.3 ppm silver

• 123.3-123.85 - 1.9% copper, 3.17% zinc, and 14.7 ppm silver

• 123.85-124.4 - 0.79% copper, 1.3% zinc, and 7.33 ppm silver

• 125.5-126 - 2.61% copper

*True widths of mineralization have not yet been determined

The weighted average for the total mineralized zone from 102.15 metres to 127.6 metres in hole 24LCS-01 was calculated at:

• 0.83% copper equivalent over 25.45 metres

**Copper equivalents utilized USA $80 per gram gold, $0.95 per gram silver, $1.30 per pound zinc, and $4.2 per pound copper.

The results from holes 24LCS-01 to 24LCS-03 continue to support multi-element VMS targeting on the property. Elevated results were obtained from semi-massive to massive sulphides including pyrite, pyrrhotite, chalcopyrite, and sphalerite as logged by the geologists. Holes 24LCS-02 and 24LCS-03 did not contain significant zinc or nickel values as those obtained in hole 24LCS-01. Drill holes 24LCS-01 to 24LCS-03 tested an approximate 50 metres of target strike length indicated from the TDEM conductor and magnetic high discovered by QMET geophysical surveys.

Two intriguing TDEM targets have been interpreted to exist approximately two kilometres to the south-east of the location of holes 24LCS-01 to 24LCS-03 (see news release dated January 6, 2025). Permit extensions are currently in process to allow drill access construction to these new targets. The permit should be available in the next few weeks, after which diamond drilling will continue.

Explo-Logik Inc, located in Val d'Or, is managing the drill program including core logging and sampling at their facility. A total of 278 samples of core were directly delivered by Explo-Logik staff to the ALS laboratory in Val d'Or, Quebec. The samples underwent ALS ME-MS61L process that uses 4-acid digestion of pulverized samples followed by mass spectrometer detection for 48 elements, and process Au-ICP21 that analyzes for gold, platinum, and palladium using fire assay. For quality assurance and control Explo-Logik inserted blanks, standards, and duplicates at one insert for every 10 samples.

The QMET geologic team is very pleased with the results obtained from holes 24LCS-01 to 24LCS-03 as they support the exploration model for multi-element volcanic-hosted sulphides at La Corne South. The company is looking forward to continued drill testing of similar targets. The next phase of drilling is now scheduled to continue this Winter.

Q PRECIOUS & BATTERY METALS CORP

QMET exploration programs undertaken in Quebec are supervised by Dr. Mathieu Piché, OGQ, with office located north of Val d'Or. He is also a Q Precious & Battery Metals company director. The company has 100% interest in mineral claims within Quebec, targeting critical and precious metals. Projects include the La Corne SouthVMS+ Pegmatite Lithium Project, McKenzie East Gold property, and the recently acquired Pontax Lithium and Versant rare earth elements (REE) properties.

Cautionary Statement

This press release contains forward-looking statements based on assumptions as of that date. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. The Company cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: risks and uncertainties relating to exploration and development; the ability of the Company to obtain additional financing; the Company's limited operating history; the need to comply with environmental and governmental regulations; fluctuations in the prices of commodities; operating hazards and risks; competition and other risks and uncertainties, including those described in the Company's Prospectus dated September 8, 2017 available on www.sedar.com. Accordingly, actual and future events, conditions, and results may differ materially from the estimates, beliefs, intentions, and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.

On behalf of the Board of Directors

Richard Penn
CEO
(778) 384-8923

SOURCE: Q Precious & Battery Metals Corp.

View the original press release on ACCESS Newswire

FAQ

What are the latest drilling results from BTKRF's La Corne South project?

The latest drilling results show 1.17% copper equivalent over 7.9 metres in hole 24LCS-03, with peak values of 3.3% copper and 27.5 GPT silver. Hole 24LCS-01 yielded 0.83% copper equivalent over 25.45 metres.

What is the location of BTKRF's new TDEM targets at La Corne South?

Two new TDEM targets are located approximately two kilometres southeast of the current drill holes (24LCS-01 to 24LCS-03).

When will BTKRF begin drilling the new TDEM targets at La Corne South?

Drilling will continue this Winter once permit extensions are approved, which is expected in the next few weeks.

What type of mineralization was found in BTKRF's La Corne South drilling?

The drilling revealed VMS-style mineralization with elevated copper, zinc, silver, and gold, including semi-massive to massive sulphides containing pyrite, pyrrhotite, chalcopyrite, and sphalerite.