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Quebec Precious Metals Corporation V.QPM

Alternate Symbol(s):  CJCFF

Quebec Precious Metals Corporation is a Canada-based gold explorer with a land position in the prospective Eeyou Istchee James Bay territory, Quebec, near Newmont Corporation’s Eleonore gold mine. The Company’s flagship project is the Sakami project with significant grades and drill-ready targets. The Sakami project is located in the Eeyou Istchee James Bay territory of northern Quebec. The project consists of approximately 281 claims covering a total area of 143 square kilometers. Its 100% owned Elmer East project is located along trend from the recent Patwon prospect gold discovery made by Azimut Exploration Inc. The project has gold potential totaling about 929 claims (488.4 square kilometers) and includes the adjacent Annabelle block, and the Opinaca Gold West block. Its 100% owned Cheechoo-Eleonore Trend project comprises about 128 claims (66.4 square kilometers) and is adjacent to the northwest to the Company’s Sakami project. It also owns various non-core assets.


TSXV:QPM - Post by User

Comment by soulsister11on Dec 01, 2011 11:32am
245 Views
Post# 19283125

RE: RE: RE: RE: The sky is the limit if they

RE: RE: RE: RE: The sky is the limit if theyHello Snarkles,

If you read carefully GMA's november presentation, you will find the following on page 14:

MONTVIEL - MINERALOGY AND REE DISTRIBUTION

Conclusion from high definition mineralogy report from SGS Canada Lab in Lakefield, Ontario, are as follows :

?The two (2) main REE minerals are identified as huanghoite [BaREE(CO3)2F] and/or cebaite [Ba3Ce2(CO3)5F2];

?Both minerals are fluoro-carbonates of the Bastnasite-Synchysite family. They have high specific gravities and other attributes that make them amenable to metallurgical concentrating processes;

?Distribution of the REE is fairly homogeneous although the mineralogy varies in different zones;

?Grain size is comparatively coarse This work, included use of QEMSCAN technology which maps the individual mineral grains and identifies the fineness of grind required to liberate the valuable minerals, a prerequisite in the development of a metallurgical concentration process.
____________________________________________________________________________

GMA is about 6 months ahead in its development compared to CJC.

Never forget that a lot of REE prospectors are in a race to become the next Molycorp (AVL and QRM being in advance for now..).

CJC is promising and I hope they hit big with their assays. Any good news for CJC or/and GMA will help the 2 stocks IMO. My advice to you guys though would be to make sure to take a profit if CJC continues heading north...

GLTA!

SS11

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