QMC to Re-Sample & Assay Locations With >2% Lithium
VANCOUVER, British Columbia, Nov. 08, 2017 (GLOBE NEWSWIRE) -- QMC Quantum Minerals Corp., (TSXV:QMC) (FRANKFURT:3LQ) (OTC PINK:QMCQF) (“QMC” or "the Company"). Crews have begun to re-locate and re-sample at the anomalous (>2,000ppm Li2O) sites identified within the company’s Irgon Lithium Mine Property, located in the Winnipeg River Pegmatite Field in S.E. Manitoba. The anomalous sample results were reported in the Fogwill Assessment Report which was based on the 2011 assessment work (Manitoba AR #52L13324) and was noted in the company’s news release of October 18, 2017. These samples will be assayed to determine the concentration of Li2O as they will be obtained from lithium-bearing pegmatitic dikes, other than the Irgon dike, that are known to occur on the property. The size and continuity of these dikes will be evaluated and if results merit, these lithium-bearing dikes will be more fully explored during the 2018 exploration program.
The Fogwill assessment report documented eight grab samples, from the 2011 assessment work program that returned with lithium values greater than 2,000 ppm. Sampling also indicated dikes with elevated rubidium (greater than 2,000 ppm), beryllium (greater than 1,000 ppm) and tantalum (to 280 ppm) which suggests that other dikes on the property will require additional evaluation.
Qualified Person and NI 43-101 Disclosure
The technical content of this news release has been reviewed and approved by Bruce E. Goad, P. Geo. who is a qualified person as defined by National Instrument 43-101.
About the Company
QMC is a British Columbia based company engaged in the business of acquisition, exploration and development of resource properties. Its objective is to locate and develop economic precious, base, rare metal and resource properties of merit. The Company’s properties include the Irgon Lithium Mine project two VMS properties, the Rocky Lake and Rocky-Namew known collectively as the Namew Lake District Project, and the Carrot River Gold Property. Currently, all of the company’s properties are located in Manitoba.
On behalf of the Board of Directors of
QMC QUANTUM MINERALS CORP.
“Balraj Mann”
Balraj Mann
President and Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Balraj Mann
President and Chief Executive Officer
Tel: (604) 601-2018
email: info@qmcminerals.com
web: www.qmcminerals.com
