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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

Comment by StockscoutXon Sep 10, 2018 3:23pm
78 Views
Post# 28592446

RE:RE:Quebec Precious Metals intersects 3.22 g/t Au over 31.5 m...

RE:RE:Quebec Precious Metals intersects 3.22 g/t Au over 31.5 m...They need to filter nearly 9 tons of ground just to get 1 ounce of gold. Has anybody calculated how much it costs, man power, time, machinery and transportation to see if the extraction would be profitable for every once of gold?

The only good news is that there is gold and that is just about it for now.

All in my opinion.
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