Qi Materials Starts Preliminary Modelling of High-Grade Silica Projects
QUÉBEC INNOVATIVE MATERIALS CORP.
CANADIAN SECURITIES EXCHANGE: QIMC
FRANKFURT EXCHANGE: 7FJ
QI MATERIALS STARTS PRELIMINARY MODELLING OF HIGH-GRADE SILICA PROJECTS
Lachute, Québec, October 24, 2023 – Québec Innovative Materials Corp. (“QI Materials”,
“QIMC”, or the “Company”) (CSE: QIMC ; FSE: 7FJ) is pleased to provide an update on the
Company’s ongoing silica projects.
River Valley Silica Project
The QI Materials field team has completed the first pass of field exploration and development
work on the Company’s wholly owned River Valley Silica project, located in the Sudbury mining
division of Ontario, Canada. The Company is now processing the data and commencing
preliminary modelling and quarry designs.
Figures 1 and 2 below depict examples of the visually highly pure quartz samples recovered from
the quartz vein.
The QI Materials team performed a variety of work scopes in the advancement of this project
which included:
• Establishment of access
• Detailed topographic survey of the silica formation
• Quartz outcrop stripping and cleaning
• Detailed geological mapping, sampling, and channel sampling
• Sample collection for metallurgical and other analysis
• Sample collection for testing with the QI Materials’ pilot plant
The Company also performed a site visit with the engineering team from OptiSim Mining
Solutions, of Sudbury, Ontario (See news release Oct-11-2023) for the purpose of preliminary
quarry design, engineering, and permitting.
Figure 1 – Visual high purity quartz samples from the River Valley Silica Project quartz vein.
Figure 2 – Quartz outcrops with technicians performing detailed topographic survey
Charlevoix Silica Project
The QI Materials team is currently at the Charlevoix Silica Project completing the final field work
of the season. The team is following up on the newly discovered high grade zones announced in
August 2023 (See news release). The scope of this program includes:
• Establishing access to the new high-grade zones
• Detailed geological mapping and sampling
• Quartzite outcrop stripping and cleaning
• Channel sampling
• Exploration and prospecting to trace out the surface expression of the quartzite formation
• Sample collection for metallurgical and other analysis
• Sample collection for testing with the QI Materals’ pilot plant
Samples from both the River Valley and Charlevoix Silica Projects are being processed and
prepared for shipment to various clients for evaluation, as well as to potential future customers.
“We are very happy to be moving forward on two work fronts (Charlevoix and River Valley). We
believe both projects represent volumes of high-grade quartz material” . Stated Raymond
Wladichuk, CEO of QI Materials Corp.
About High Purity Quartz
Highly pure quartz (SiO2) plays a pivotal role in two critical technologies shaping the future: solar
panels and lithium silicon anode batteries. In the realm of renewable energy, quartz is the raw
feed source of silicon metal (Si), a fundamental component in producing high-efficiency solar
panels. Beyond solar panels, silicon metal is also a promising ingredient in lithium silicon anode
batteries, offering the potential for increased energy storage capacity and improved battery
performance, underscoring the indispensable role of quartz in advancing sustainable energy and
cutting-edge technology. Furthermore, quartz-derived silicon has gained significant strategic
importance, recently earning a place on the USA's strategic mineral list.
About Québec Innovative Materials Corp.
Québec Innovative Materials Corp. (CSE: QIMC; FSE: 7FJ) (previously Québec Silica Resources
Corp.) is a mineral exploration, and development company with a portfolio of natural resource
assets including high grade silica, hydrogen, and helium properties. QIMC is working toward
becoming a sustainable supplier of resources which are essential in advanced batteries and the
electrification of the green economy. The Company has a 100% interest in the Charlevoix Silica
Project, near Clermont, Québec, Canada, and the River Valley Silica Project, near Sudbury,
Ontario, as well as other mineral properties in Qu ébec. The Company also performs pilot
processing on industrial minerals, refining processes to create custom products.
Additional information on Québec Innovative Materials Corp.is available at
www.qimaterials.com.
Raymond Wladichuk, P.Geo., (OGQ permit number: 02287, PGO license number: 3526), is the
CEO of Québec Innovative Materials Corp., and a Qualified Person for National Instrument 43-
101 – Standards for Disclosure of Mineral Projects, has reviewed the scientific and technical
information contained in this news release.
Please be advised that a qualified person has not completed sufficient work to classify any mineral
resources as defined by National Instrument (NI) 43-101; it is therefore uncertain if future
exploration will result in the delineation of mineral resources.
On Behalf of the Board of Directors,
QUÉBEC INNOVATIVE MATERIALS CORP.
"Raymond Wladichuk, P.Geo."
Chief Executive Officer
For further information, please contact:
Investor Relations
Tel: +1 (514) 358-8840
Email: [email protected]
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is
defined in the CSE policies) accepts responsibility for the adequacy or accuracy of this news
release and has neither approved nor disapproved the contents of this news release.
Forward-Looking Statements
This news release contains statements that constitute "forward -looking statements". Such forward-
looking statements involve known and unknown risks, uncertainties and other factors that may cause
Québec Innovative Materials’ actual results, performance or achievements, or developments in the
industry to differ materially from the anticipated results, performance or achievements expressed or
implied by such forward-looking statements. Forward-looking statements are statements that are not
historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates,"
"believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or
conditions "will," "would," "may," "could" or "should" occur.
Although Québec Innovative Materials believes the forward-looking information contained in this news
release is reasonable based on information available on the date hereof, by their nature, forward-looking
statements involve assumptions, known and unknown risks, uncertainties and other factors which may
cause our actual results, performance or achievements, or other future events, to be materially different
from any future results, performance or achievements expressed or implied by such forward -looking
statements.
Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and
uncertainties associated with general economic conditions; the Covid -19 pandemic; adverse industry
events; future legislative and regulatory developments in the mining sector; the Company's ability to
access sufficient capital from internal and external sources, and/or inability to access sufficient capital on
favorable terms; mining industry and markets in Canada and generally; the ability of Québec Innovative
Materials Corp. to implement its business strategies; competition; and other assumptions, risks and
uncertainties.
The forward-looking information contained in this news release represents the expectations of the
Company as of the date of this news release and, accordingly, is subject to change after such date. Readers
should not place undue importance on forward -looking information and should not rely upon this
information as of any other date. While the Company may elect to, it does not undertake to update this
information at any particular time except as required in accordance with applicable laws.