Quebec Precious Metals and GoldSpot Provide an Update - Presence of a 4.5 km long gold-bearing structure with high grades remains open to extend mineralization at depth confirmed at the Lloyd discovery;
- Processing of aeromagnetic and orthophotos/LiDAR data defines dilatant zones along the structure in a sinistral strike-slip system and connected with dykes (Figures 1, 2 and 3); and
- Recommended 2022 program consists of Induced Polarization ("IP") survey to better define the structure's high-priority gold targets followed by drilling.
MONTREAL, QC and TORONTO, ON / ACCESSWIRE / March 23, 2022 / GoldSpot Discoveries Corp. (SPOT)(SPOFF) ("GoldSpot"), a leading technology services company leveraging machine learning to transform the mineral discovery process, and Quebec Precious Metals Corporation (TSXV:QPM)(OTCQB:CJCFF)(FSE:YXEP) ("QPM"), are pleased to provide an exploration update on the Elmer East project (the "Project") 100% owned by QPM in the Eeyou Istchee James Bay territory of Quebec. Since 2020, GoldSpot has participated in the Project's evaluation, execution of field work and interpretation of exploration results.