Guangxi to Produce Lithium Oxide FOR QMC
Suite 440 - 755 Burrard Street, Vancouver, British Columbia V6Z 1X6
Tel: (604) 601-2018 I email: [email protected] I web: www.qmcminerals.com
GUANGXI TO PRODUCE LITHIUM OXIDE FOR QMC
October 16, 2019 Vancouver, British Columbia: QMC Quantum Minerals Corp., (TSX.V: QMC) (FSE: 3LQ)
(OTC PINK: QMCQF) (“QMC” or "the Company") announces that it has shipped mineralized samples from the
Company’s 100% owned Irgon Lithium Mine Project to China-based Guangxi Non -Ferrous Limu Mining Co., Ltd.
(“Guangxi”) to have them test and produce a 6% battery-grade lithium oxide concentrate, under a non -disclosure
agreement.
President and CEO Balraj Mann stated “Guangxi has requested we send material to them for metallurgical testing and
production of a 6% lithium concentrate. We are excited with this new development as we advance our Irgon Lithium
Mine Project forward.” Guangxi is 51% stated-owed by the Guangxi Provincial Government with the balance of
ownership being private equity with two processing facilities located in Gongcheng and Lingui, Guilin City, Guangxi,
China. Guangxi current ly has assets of approximately $1B USD and 500 employees with state -of-the-art ISO -
9001:2000 certified analytical testing equipment.
On behalf of Company, SGS Canada has shipped mineralized (spodumene) samples from the Irgon, Irgon West,
Mapetre and Central Dikes directly to Guangxi . The shipment consists of pulps (portion of sample prepared for
analysis) and previously analyzed samples . QMC will also be shipping an additional larger volume of mineralized
sample from the above dikes to Guangxi for further testing. As part of the negotiated agreement between QMC and
Guangxi, on completion of the testing process , Guangxi will provide the Company with a report which will include
test results and a flow-sheet for the production of concentrate.
Qualified Person
The technical content of this news release has been reviewed and approved by Bruce E. Goad, P. Geo. , a qualified
person as defined by National Instrument 43-101.
About the Company
QMC is a British Columbia based company engaged in the business of acquisition, exploration and development of
resource properties. Its objective is to locate and develop economic precious, base, rare metal resource properties of
merit. The Company’s prope rties include the Irgon Lithium Mine Project and two VMS properties, the Rocky Lake
and Rocky-Namew, known collectively as the Namew Lake District Project. Currently, all of the company’s properties
are located in Manitoba.
On behalf of the Board of Directors of
QMC QUANTUM MINERALS CORP.
“Balraj Mann”
Balraj Mann
President and Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.