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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 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.


TSXV:QPM - Post by User

Post by NobodyKnowsOneon Dec 13, 2011 3:37pm
395 Views
Post# 19318393

Just Talked To Chad

Just Talked To Chad
  He's pretty pumped about the exploration of those alteration zones starting with holes 4, 5, and 6 and moving to the east and north of them. I think he said that they're just finishing up with hole #11 today.
  He also said that they haven't found anything dirty, so far, such as uranium, which might make a mine more difficult to develop. And they have confirmed the presence of  syenite through the UQAM lab in Montreal, which , in Thor Lake, is indicative of HREE's.
  When I asked him about the assay results, he was fairly noncommittal. But he did seem to be leaning toward first assay results being released sometime in the beginning of the New Year. What with delivery of results to the company still pending, and there is still interpretation of the results to come. However this was my own impression.
  Investors should do their own Due Diligence and act accordingly.

  Cheers
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