Drilling for GOLD begins in 3 weeksExciting times to be a QMET shareholder! Drilling is scheduled in 3 weeks. The smart and savvy investors have been quietly adding over the past few months!
Q Precious & Battery Metals Corp. is planning the drilling scheduled for mid-June 2024, with VMS (volcanogenic massive sulphide) targets on the La Corne South project at proposed depths ranging from 50 to 300 metres below surface as modelled by the EM (electromagnetic) survey and noted in historic drilling results (see news release dated Aug. 7, 2022). The QMET team is also preparing to return to the southern claim block of the McKenzie East property in order to follow-up potential for narrow high grade gold-bearing quartz veins aa sampled at the adjacent Maruska mineral showing (see QMET news release dated November 28, 2023). While at the Maruska, QMET Metals obtained a rock sample that included chips from a number of the exposed quartz-pyrite veins. The sampling was taken to verify the presence of gold and silver in the veins. The sample returned 3.41 grams per tonne gold and 2.58 grams per tonne silver, confirming the presence of precious metals in the Maruska vein system. QMET Metals is very interested in this high grade gold showing due to its location very near to the south block of the company's McKenzie East claims. However, the reader is warned that results obtained from adjoining properties are not direct indications for potential on the QMET Metals claims.
The McKenzie East Gold property is located adjacent to the McKenzie Break Project. Monarch Mining Corporation completed a gold resource estimate for the McKenzie Break in February 2021 with open pit and underground indicated resource of 145,982 ounces and inferred resource of 250,593 ounces gold. (NI43-101 Technical Evaluation Report on the McKenzie Break Property, February 11, 2021). Readers are warned that resources estimated on an adjoining property do not imply that similar resources or mineralization exist on the Black Tusk - McKenzie East property.