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Quebec Precious Metals is UL ECOLOGO(R) Certified for Mineral Exploration!

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Quebec Precious Metals Corporation (CJCFF) has achieved UL ECOLOGO Certification for responsible mineral exploration. This certification signifies QPM's commitment to leading environmental, social, and economic practices. The certification process, supported by the Quebec Mineral Exploration Association (QMEA), underscores QPM's focus on responsible development, which may enhance its appeal as an employer and improve relationships with local communities. This achievement is expected to bolster QPM's strategic planning and risk management efforts.

Positive
  • Achieved UL ECOLOGO Certification, highlighting commitment to responsible practices.
  • Certification enhances QPM's appeal as an employer and improves relationships with stakeholders.
Negative
  • None.

MONTREAL, QC / ACCESSWIRE / December 15, 2021 / Quebec Precious Metals Corporation ("QPM" or the "Company") (TSXV:QPM)(OTCQB:CJCFF)(FSE:YXEP) is proud to announce that it has received certification to UL 2723: ECOLOGO Certification Program for Responsible Development for Mineral Exploration Companies. QPM has successfully earned UL's ECOLOGO® Certification, which includes use of the UL ECOLOGO ® Mark, and registration in UL's SPOT sustainable product database. The Company is pleased with this accomplishment and intends to continue working to promote this certification and its advantages, helping to make it a key objective in the mineral exploration sector.

Supported by industry, investors and government authorities, the Quebec Mineral Exploration Association (QMEA) initiated, in 2012, the certification project aimed at evaluating and recognizing the responsible practices of mineral exploration companies and their service providers. The Chair in Mining Entrepreneurship (CME) of the Université du Québec en Abitibi-Témiscamingue/Université du Québec à Montréal developed the first version of the normative document and UL created UL 2723 based on CME's document, which can be used for ECOLOGO® Certification.

Normand Champigny, CEO of QPM, stated: "We are proud to achieve this certification, especially since it exemplifies our commitment to implementing leading environmental, social and economic practices as essential to our success and creating significant shareholder value. We would like to thank the Quebec Mineral Exploration Association and their coaching program for their collaboration. We greatly appreciate their support and guidance and are grateful for their contribution to the success of our efforts."

A plan for the future

The responsible development of mineral resources has become a requisite. It is a factor in all parts of society, and every project needs to be designed and executed with it in mind. For mineral exploration companies and their service providers, that entails applying leading social, environmental, and economic practices.

For QPM, UL ECOLOGO ® Certification for Mineral Exploration promotes a better work environment, motivates employees, improves the Company's appeal as an employer, strengthens strategic planning, and aids in risk management. QPM believes that being UL certified means that QPM will likely be better prepared for changes to legislation and could enter into better relationships with local communities and other stakeholders, which will contribute to the social acceptability of the Company's projects. In completing the process, QPM showed that it has met all of the responsible development indicators required to achieve UL ECOLOGO ® Certification for Mineral Exploration.

About Quebec Precious Metals Corporation

QPM is a gold explorer with a large land position in the highly prospective Eeyou Istchee James Bay territory, Quebec, near Newmont Corporation's Éléonore gold mine. QPM's flagship project is the Sakami project with significant grades and well-defined drill-ready targets. QPM's goal is to rapidly explore the Project and to advance to the mineral resource estimate stage.

About QMEA

The Quebec Mineral Exploration Association (QMEA) is a non-profit organization that represents players in Quebec's mining sector. Founded in 1975 to increase mining exploration in Québec and support development of Québec's mining entrepreneurship, QMEA now has 1,000 individual members (prospectors, geologists, geophysicists, brokers, tax experts, attorneys, etc.) and 150 corporate members.

For more information please contact:

Jean-François Meilleur
President
Tel.: 514 951-2730
jfmeilleur@qpmcorp.ca

Normand Champigny
Chief Executive Officer
Tel.: 514 979-4746
nchampigny@qpmcorp.ca

UL ECOLOGO ®
Certification for Mineral Exploration
https://canada.ul.com/ulcprograms/explore/
https://spot.ul.com/

QMEA'S coaching program
https://aemq.org/en/certification-about/

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.

SOURCE: Quebec Precious Metals Corporation



View source version on accesswire.com:
https://www.accesswire.com/677754/Quebec-Precious-Metals-is-UL-ECOLOGOR-Certified-for-Mineral-Exploration

FAQ

What is UL ECOLOGO Certification for Quebec Precious Metals Corporation (CJCFF)?

UL ECOLOGO Certification recognizes responsible practices in mineral exploration, which Quebec Precious Metals Corporation has now achieved.

How does UL ECOLOGO Certification impact Quebec Precious Metals Corporation (CJCFF)?

The certification promotes better workplace conditions, enhances stakeholder relationships, and aids in strategic planning for Quebec Precious Metals Corporation.

Who supported Quebec Precious Metals Corporation (CJCFF) in achieving UL ECOLOGO Certification?

The Quebec Mineral Exploration Association (QMEA) supported QPM in their efforts towards obtaining UL ECOLOGO Certification.

What does the UL ECOLOGO Certification signify for Quebec Precious Metals Corporation (CJCFF)?

It signifies a commitment to leading environmental, social, and economic practices essential for success and shareholder value.

What is the significance of responsible development in the context of Quebec Precious Metals Corporation (CJCFF)?

Responsible development is crucial for mineral exploration companies like QPM, impacting their social acceptability and project success.

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