Marketwire
VANCOVUER, BRITISH COLUMBIA--(Marketwired - Nov. 20, 2013) - Quantum Minerals Corp. (TSX VENTURE:QMC)(PINKSHEETS:QMCQF)(FRANKFURT:3LQ) (the "Company") will be attending the Manitoba Mining and Minerals Convention on November 20 - 22, 2013 at the Winnipeg Convention Center. The company will be located in booth P17 and representatives will be on site to present the 100% owned Rocky Lake VMS discovery within its Namew Lake Project, located in the world-class Flin Flon VMS mining camp of northwest Manitoba. An upcoming diamond drill program is now being planned to test recently identified high priority targets selected from over 40 conductors throughout the property.
The company's Namew Lake project covers a district sized 96,954 acres contiguous to the western side of Hudbay Minerals' "Namew Lake Mine" witch has produced 2.57 million tonnes of copper, nickel, gold, silver, palladium, and platinum and is in the vicinity of the currently producing 777 and Lalor Lake mines and the production scheduled Reed Lake mine. The company's district sized Namew Lake project display similar underlying geology to the aforementioned VMS mines in close proximity.
The Rocky Lake VMS discovery within the Namew Lake project was discovered through an airborne survey that identified a 5 km long conductor and followed up with ground EM surveys that verified a 1,500 m conductive corridor containing 41conducting anomalies. Recent drilling at the Rocky Lake discovery intersected up to 9 meters grading 0.65% copper during the 2012 exploration season. An extensive exploration program is now being planned that will consist of a two-phase 6,000m drilling program including detailing and refining of current drill targets using TITAN24 system.
Quantum Minerals CEO, Balraj Mann states, "This will be a very active exploration season for Quantum as we initiate 2 phases of drilling to test our highest priority drill targets. Our successful 2012 drilling program ended in mineralization and combined with additional new 2013 targets we feel this will be a defining year for our Namew Lake VMS project."
About Quantum Minerals Corp.
Quantum Minerals Corp. is a junior mineral exploration company focused on finding and developing VMS style Ni-Cu-Zn-Au prospects in Manitoba, Canada. QMC management's extensive experience in the field of mineral exploration and development give it a competitive advantage in discovering, appraising and advancing mineral deposits. QMC also draws on the tremendous experience of its management in the realm of corporate finance and public markets which will prove invaluable in acquisition, financing, and creating overall shareholder value.
For more information e-mail info@qmcminerals.com or call 604-559-8051.
On behalf of the Board of Directors
Balraj Mann, CEO, President & Director
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. QMC cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond QMC's control. Such factors include, among other things: risks and uncertainties relating to QMC's ability to complete proposed private placement financing. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, QMC undertakes no obligation to publicly update or revise forward-looking information.