Quebec Precious Metals Congratulates Harfang Exploration on Its High-Grade Gold Discoveries near the Sakami Project and Provides Update on Gold and Lithium Exploration Initiatives in James Bay
Quebec Precious Metals (TSXV:QPM, OTCQB:CJCFF) congratulates Harfang Exploration on five high-grade gold discoveries near QPM's Sakami project in James Bay, Quebec. The discoveries, with assays up to 72.4 g/t Au, highlight a new structural gold trend in an underexplored area. QPM plans to:
1) Drill untested gold targets at La Pointe Extension deposit
2) Inspect priority gold and lithium targets
3) Continue collaboration with Harfang Exploration
4) Conduct a diamond drilling program (up to 1,250 m) at Elmer East lithium project
5) Perform geological mapping and geometallurgical studies
QPM received financial assistance of up to $333,306 from the MRNF for critical and strategic minerals exploration. The company's exploration claims cover 697 km² with a 23-km long gold-bearing contact between La Grande and Opinaca sub-provinces.
Quebec Precious Metals (TSXV:QPM, OTCQB:CJCFF) congratula Harfang Exploration per cinque scoperte di oro ad alta legge vicino al progetto Sakami di QPM nella Baia di James, Quebec. Le scoperte, con analisi fino a 72,4 g/t di Au, evidenziano una nuova tendenza strutturale per l'oro in un'area poco esplorata. QPM prevede di:
1) Trivellare obiettivi di oro non testati presso il giacimento La Pointe Extension
2) Ispezionare obiettivi prioritari per oro e litio
3) Continuare la collaborazione con Harfang Exploration
4) Condurre un programma di perforazione a diamante (fino a 1.250 m) presso il progetto di litio Elmer East
5) Eseguire mappature geologiche e studi geometallurgici
QPM ha ricevuto un'assistenza finanziaria fino a $333.306 dal MRNF per l'esplorazione di minerali critici e strategici. Le richieste di esplorazione della società coprono 697 km² con un contatto aurifero lungo 23 km tra le sottoprovince di La Grande e Opinaca.
Quebec Precious Metals (TSXV:QPM, OTCQB:CJCFF) felicita a Harfang Exploration por cinco descubrimientos de oro de alta ley cerca del proyecto Sakami de QPM en la Bahía de James, Quebec. Los descubrimientos, con análisis de hasta 72.4 g/t Au, destacan una nueva tendencia estructural de oro en un área poco explorada. QPM planea:
1) Perforar objetivos de oro no probados en el depósito La Pointe Extension
2) Inspeccionar objetivos prioritarios de oro y litio
3) Continuar la colaboración con Harfang Exploration
4) Realizar un programa de perforación diamantina (de hasta 1,250 m) en el proyecto de litio Elmer East
5) Llevar a cabo mapeos geológicos y estudios geomatalúrgicos
QPM recibió asistencia financiera de hasta $333,306 del MRNF para la exploración de minerales críticos y estratégicos. Las reclamaciones de exploración de la compañía cubren 697 km² con un contacto aurífero de 23 km de largo entre las subprovincias de La Grande y Opinaca.
퀘벡 귀금속 (TSXV:QPM, OTCQB:CJCFF)는 퀘벡 제임스베이의 QPM의 사카미 프로젝트 인근에서 하르팡 탐사의 금 고품위 발견 5건에 축하의 말을 전합니다. 이 발견들은 Au가 72.4 g/t까지 분석되며, 탐사가 부족했던 지역에서 새로운 구조적 금 경향을 강조합니다. QPM은 다음을 계획하고 있습니다:
1) 라 퐁트 익스텐션 매장지에서 테스트되지 않은 금 목표를 시추하기
2) 우선 목표로 하는 금 및 리튬 목표를 점검하기
3) 하르팡 탐사와의 협력을 계속하기
4) 엘머 이스트 리튬 프로젝트에서 다이아몬드 시추 프로그램(최대 1,250 m)을 수행하기
5) 지질 지도 작성 및 지오메탈러지 연구 수행하기
QPM은 MRNF에서 중요한 전략 광물 탐사를 위해 최대 $333,306의 재정 지원을 받을 예정입니다. 회사의 탐사 청구권은 697 km²를 커버하며, 라 그랑드 및 오피나카 부주와의 사이에 23km 길이의 금 함유 경계가 있습니다.
Quebec Precious Metals (TSXV:QPM, OTCQB:CJCFF) félicite Harfang Exploration pour cinq découvertes de haute teneur en or près du projet Sakami de QPM dans la Baie James, au Québec. Les découvertes, avec des analyses allant jusqu'à 72,4 g/t Au, mettent en évidence une nouvelle tendance de l'or structurale dans une zone peu explorée. QPM prévoit de :
1) Forer des cibles aurifères non testées au gisement La Pointe Extension
2) Inspecter les cibles prioritaires en or et en lithium
3) Poursuivre la collaboration avec Harfang Exploration
4) Réaliser un programme de forage diamant (jusqu'à 1 250 m) au projet lithium d'Elmer East
5) Effectuer une cartographie géologique et des études géométallurgiques
QPM a reçu une aide financière pouvant atteindre 333 306 $ du MRNF pour l'exploration de minéraux critiques et stratégiques. Les demandes d'exploration de l'entreprise couvrent 697 km² avec un contact aurifère de 23 km de long entre les sous-provinces de La Grande et Opinaca.
Quebec Precious Metals (TSXV:QPM, OTCQB:CJCFF) gratuliert Harfang Exploration zu fünf Goldentdeckungen mit hoher Gehalte in der Nähe des Sakami-Projekts von QPM in James Bay, Quebec. Die Entdeckungen, mit Analysen von bis zu 72,4 g/t Au, heben einen neuen strukturellen Goldtrend in einem wenig erkundeten Gebiet hervor. QPM plant:
1) Nicht getestete Goldziele am La Pointe Extension Vorkommen zu bohren
2) Wichtige Gold- und Lithiumziele zu inspizieren
3) Die Zusammenarbeit mit Harfang Exploration fortzusetzen
4) Ein Diamantbohrprogramm (bis zu 1.250 m) am Lithiumprojekt Elmer East durchzuführen
5) Geologische Kartierungen und geometallurgische Studien durchzuführen
QPM erhielt finanzielle Unterstützung von bis zu 333.306 $ vom MRNF für die Exploration kritischer und strategischer Mineralien. Die Explorationsansprüche des Unternehmens umfassen 697 km² mit einem 23 km langen goldführenden Kontakt zwischen den Subprovinzen La Grande und Opinaca.
- High-grade gold discoveries near QPM's Sakami project, reinforcing the area's gold potential
- Planned drilling program at Elmer East lithium project (up to 1,250 m, 16 holes)
- Received financial assistance up to $333,306 from MRNF for mineral exploration
- Extensive exploration claims covering 697 km² with 23-km long gold-bearing contact
- 29 gold showings discovered at Sakami with up to 62.92 g/t Au in grab samples
- None.
MONTREAL, QC / ACCESSWIRE / September 19, 2024 / Quebec Precious Metals Corporation (TSXV:QPM)(FSE:YXEP)(OTCQB:CJCFF) (" QPM " or the " Corporation ") congratulates Harfang Exploration Inc. " Harfang ") on five (5) high-grade gold discoveries at its Serpent-Radisson property in Eeyou Istchee James Bay, Québec (see Harfang's press release of September 18, 2024). The discoveries are hosted in quartz veins systems associated with shear zones in underexplored areas. Grab samples returned assay results up to 72.4 g/t Au.
Harfang's discoveries are located adjacent to QPM's Sakami project. The discoveries have highlighted a new structural gold trend in a previously underexplored area, expanding the gold footprint and reinforcing the high gold prospectivity of their property and of the area covered by the Sakami project.
"Harfang's discoveries further reinforce the high gold exploration potential of our potential Sakami project where QPM has been drilling and prospecting since 2018 with the objective of identifying a large mineral resource." commented Normand Champigny, CEO.
QPM's gold and lithium exploration initiatives
Sakami (
Drill untested gold targets, at the La Pointe Extension deposit. To date, encouraging results from metallurgical testing, induced polarization survey and drilling programs have been received and indicate the presence of a significant mineral resource including many higher-grade areas;
Carry out a field inspection in other areas of the project on the priority gold and lithium targets including three high-priority targets that can be drill-ready; and
Continue close collaboration, exchange of information and camp facility sharing with Harfang Exploration Inc. (see press release of April 3, 2024 ). This contributed to better understand to the exploration potential while reducing exploration costs.
Elmer East (
Perform, this fall, a diamond drilling program (up to 1,250 m, 16 holes, PQ or HQ core size) to: 1) test the down-dip extent of the sill of the discovery outcrop and the presence of potential stacked sills, and 2) carry out preliminary geometallurgical studies (see photo below and press release of January 18, 2024 ). Authorization for impact-causing exploration work has been received. In addition, geological mapping is planned in and around the discovery outcrop as well as the collection additional structural measurements. Geometallurgical studies will be performed by Impact Global Solutions based in Delson, Quebec.
Received financial assistance up to a maximum of
$333,306 from the Ministère des Ressources naturelles et des forêts (MRNF). This financial support was granted as part of the fourth call for projects of the Mineral Exploration Support Program for Critical and Strategic Minerals; andCongratulated Ophir Metals Corp. on their discovery announced on June 25, 2024, of lithium-bearing pegmatites at Pilipas located approximately 3.7 km northwest and along the trend of QPM's Ninaaskuwumin spodumene pegmatite discovery outcrop where grab sample showed a range from
1.10% to3.92% Li 2 O.
To date, QPM has exploration claims over a surface area of 697 km 2 including a 23-km long gold-bearing contact between the La Grande geological sub-province the Opinaca geological sub-province. At Sakami, 29 showings have been discovered with up to 62.92 g/t Au (grab sample), up to 48.93 g/t Au over 1.0 m (channel sample), and up to 120.4 g/t Au over 0.45 m (drillhole) along a 23-km mineralized corridor, and including more than 50,000 m of drilling on two well-defined deposits (La Pointe and La Pointe Extension) with intercepts up to 1.15 g/t Au over 80.1 m including 2.21 g/t Au over 24.85 m.
Upcoming events
XPLOR Convention - October 28-31, 2024, in Montreal, QC https://xplor.aemq.org/en/
Québec Mines + Énergie - November 18-21, 2024 in Quebec City, QC
https://mrnf.gouv.qc.ca/quebec-mines/
An updated corporate presentation is available on the Corporation's web site www.qpmcorp.ca
Qualified Person
Normand Champigny, Eng., Chief Executive Officer of the Company, and Qualified Person under NI 43-101 on standards of disclosure for mineral projects, has prepared and reviewed the content of this press release.
About Quebec Precious Metals Corporation
QPM has a large land position in the highly prospective Eeyou Istchee James Bay territory, Quebec, near Newmont Corporation's Éléonore gold mine. The Corporation focuses on advancing its Sakami gold project and its newly discovered, drill-ready Ninaaskuwin lithium showing on the Elmer East project. In addition, the Corporation holds a
For more information please contact:
Normand Champigny
Chief Executive Officer
Tel.: 514 979-4746
nchampigny@qpmcorp.ca
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Ninaaskuwumin spodumene pegmatite discovery outcrop, August 14, 2024.
SOURCE: Quebec Precious Metals Corporation
View the original press release on accesswire.com
FAQ
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