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Quebec Precious Metals Corporation CJCFF


Primary Symbol: V.QPM

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 rockyfanon Nov 08, 2023 9:00am
176 Views
Post# 35723212

Good news…Keep keep keep…it’s coming…

Good news…Keep keep keep…it’s coming…

Montreal, November 7, 2023 – Quebec Precious Metals Corporation (TSX.V: QPM, FSE: YXEP, OTC-BB: CJCFF) (“QPM” or the “Corporation”) is pleased to announce the completion of a follow-up prospecting program in the area of the recent Ninaaskumuwin spodumene discovery (see press release October 24, 2023) consisting of geological mapping, structural interpretation and grab sampling. The geological interpretation will be disclosed once available. The first assay values from the prospecting campaign at Elmer East are expected towards the end of November. Photos of the spodumene discovery are presented in Figures 1, 2 and 3, They show large spodumene crystals which are present in the pegmatite rock. 

In view of the strong potential lithium potential identified on the high priority targets at the Elmer East project, QPM has expanded the project by staking 40 new claims adjacent to the other areas of interest (see Figure 4). The new claims were added near the Ninaaskumuwin discovery. QPM now has a total of 1,298 claims covering 676 km2, 100% owned by the Corporation in the Eeyou-Istchee James Bay region of Quebec.

We are even more enthusiastic about the lithium exploration potential at Elmer East, and look forward to receiving the analytical results and plan the next stage of field work.”, commented Normand Champigny, CEO of QPM.

The field work was performed by GeoVector Management Inc. with the guidance of ALS GoldSpot Discoveries Ltd.

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