Quebec Precious Metals Corporation V.QPM

Alternate Symbol(s): CJCFF

Metals & Mining Gold

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 focuses on advancing its Sakami gold project and its newly discovered, drill-ready Ninaaskuwin lithium showing on the Elmer East project. In addition, the Company holds a 68% interest in the Kipawa rare earths project located near Temiscaming, Quebec. The Sakami project consists of one large contiguous block of 281 mineral claims and includes the contiguous claims, which are located 90 km northwest of the Eleonore mine, 570 km north of Val-d'Or and 900 km northwest of Montreal. The Cheechoo-Eleonore Trend project lies about 24 km northwest of the Eleonore mine. The Elmer East project consists of 929 claims, which is located along a trend from the recent Patwon Prospect gold discovery made by Azimut Exploration Inc. It also holds interest in the Matheson Joint Venture project.

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Quebec Precious Metals Corporation

Bullboard Posts

Comment by soulsister11on Dec 01, 2011 11:32am

246 Views

Post# 19283125

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

Hello 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.
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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