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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

Post by rockyfanon Nov 08, 2023 9:00am
121 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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