Welcome to our dedicated page for Quebec Rare news (Ticker: QQREF), a resource for investors and traders seeking the latest updates and insights on Quebec Rare stock.
Quebec Rare Earth Elements Corp. (QREE) is a mining exploration and development company focused on Rare Earth Elements (REE), primarily in the favorable mining jurisdiction of Quebec. Lead by a Quebec-based team with decades of mining experience, the company covers all stages of development, from grassroots discoveries to production. QREE emphasizes local community engagement for sustainable, high-quality operations.
The company recently announced the election of Messrs. Benoit Desormeaux, Martin Milette, and Richard Roy as directors. Benoit Desormeaux, the President and CEO, brings extensive mining CEO experience and a strong operations background. Martin Milette, the CFO, is known for managing finance and IT functions, while Richard Roy, VP of New Ventures, has over 30 years of mineral resource industry experience.
QREE recently acquired certain mineral claims in Quebec, further expanding its REE portfolio. The company issued 3,000,000 common shares to acquire the Property, reinforcing its commitment to growth and development in the REE sector.
Quebec Rare Earth Elements (CSE: QREE) has announced its 2024 exploration program for the Lynx and Carcajou REE projects in Quebec, Canada, with a budget of $400,000. The Lynx project will receive $270,000, and the Carcajou project will get $130,000. The Lynx project, covering 48.8 km², includes the Riviere Noire alkaline intrusive plug with TREO values up to 0.49%, and peripheral dykes with up to 3.8% TREO. Exploration will focus on mapping, prospecting, and characterizing the mineralization.
The Carcajou project, spanning 77 km², has TREO values up to 1.1%. The 2024 program aims to map and prospect showings and surrounding areas to understand mineralization better. Laurentia Exploration Inc. will conduct the fieldwork, expected to be completed in summer, with assay results anticipated in Q4. The technical aspects were reviewed by Richard Roy, PGeo.
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