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

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Comment by Data101on Jun 13, 2005 9:22am

297 Views

Post# 9151755

RE: Earnings News

Bid/Ask is 4 cents over Friday's close at 9:15. Not news to write your Mom about, but positive anyway. As for quarterly results, thay are not overly relevant for biotechs with no revenus, except to give us an indication of their burn rate, cash on hand and how long before their next round of financing. Data

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