QMC Announces over 100 Samples Sent to Sgs FOR Lithium Analysis
Suite 600 - 666 Burrard Street, Vancouver, British Columbia V6C 2X3
Tel: (604) 601-2018 I email: [email protected] I web: www.qmcminerals.com
QMC ANNOUNCES OVER 100 SAMPLES SENT TO SGS FOR LITHIUM ANALYSIS
December 4, 2017 Vancouver, British Columbia: QMC Quantum Minerals Corp., (TSX.v: QMC) (FSE:
3LQ) (OTC PINK: QMCQF) (“QMC” or "the Company"). With the ongoing work program at the company’s
Irgon Lithium Mine property progressing, QMC is pleased to report that the company has now submitted to
SGS Labs in Lakefield, Ontario 104 sawn channel samples for analysis. To date, a total length of 90.1
metres (296 feet) of channel sampling has been completed from six sawn channels cut across the width of
the Irgon Dike.
In conjunction with this exploration program on the company’s Irgon Lithium Mine Project, located within
the world class Winnipeg River Pegmatite Field of South -Eastern Manitoba, QMC field crews continue to
remove the overburden that has concealed the pegmatite exposure along the strike of the spodumene -
bearing Irgon Dike. In addition, the program of channel sampli ng along the newly exposed strike of the
Irgon Dike continues.
As the exposure along the Irgon Dike is increased by this overburden stripping program, geologic mapping
of the dike also continues.
Requested geochemical analysis of the 104 channel samples currently delivered to, and received by SGS
Labs in Lakefield, Ontario consists of ICP-AES and ICP MS scans for 56 elements including Li, Ta, Nb, Cs,
Rb and Be ; all elements which may potentially be found within the Winnipeg River area rare element -
bearing pegmatites. All geochemical results remain pending.
Between 1953-1954, the Lithium Corporation of Canada Limited drilled 25 holes into the Irgon Dike and
subsequently reported a historical resource estimate of 1.2 million tons grading 1.51% Li20 over a strike
length of 365 meters and to a depth of 213 meters (Northern Miner, Vol. 41, no.19, Aug. 4, 1955, p.3). This
historical resource is documented in a 1956 Assessment Report by B. B. Bannatyne for the Lithium
Corporation of Canada Ltd. (Manitoba Assessment Report No. 94932). This historical estimate is believed
to be based on reasonable assumptions and neither the company nor the QP have any reason to contest
the document’s relevance and reliability. The ongoing detailed channel sampling and a s ubsequent drill
program will be required to update this historical resource to current NI 43 -101 standards. Historic
metallurgical tests reported an 87% recovery from which a concentrate averaging 5.9% Li2O was obtained.
During this historical 1950 era wor k program, a complete mining plant was installed on site designed to
process 500 tons of ore per day and in addition, a three -compartment shaft was sunk to a depth of 74
meters. On the 61 metre level, lateral development was extended off the shaft for a to tal of 366 meters of
drifting from which six crosscuts transected the dike. The work was suspended in 1957, awaiting a more
favourable market for lithium oxides and at this time the mine buildings were removed.
The mineral reserve cited above is presented as a historical estimate and uses historical
terminology which does not conform to current NI43-101 standards. A qualified person has not done
sufficient work to classify the historical estimate as current mineral resources or mineral reserves.
Although the historical estimates are believed to be based on reasonable assumptions, they were
calculated prior to the implementation of National Instrument 43-101. These historical estimates do
not meet current standards as defined under sections 1.2 and 1.3 of NI 43-101; consequently, the
issuer is not treating the historical estimate as current mineral resources or mineral reserves.
Qualified Person and NI 43-101 Disclosure
The technical content of this news release has been reviewed and approved by Bruce E. Goad, P. Geo.
who is 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
Suite 600 - 666 Burrard Street, Vancouver, British Columbia V6C 2X3
Tel: (604) 601-2018 I email: [email protected] I web: www.qmcminerals.com
metal and resource properties of merit. The Company’s properties include the Irgon Lithium Mine project
two VMS properties, the Rocky Lake and Rocky -Namew known collectively as the Namew Lake District
Project, and the Carrot River Gold Property. Currently, all 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.