QMC Drills 2.95% Li2O at Irgon Dike
Suite 440 - 755 Burrard Street, Vancouver, British Columbia V6Z 1X6
Tel: (604) 601-2018 I email: [email protected] I web: www.qmcminerals.com
QMC DRILLS 2.95% Li2O AT IRGON DIKE
September 11, 2019 Vancouver, British Columbia: QMC Quantum Minerals Corp., (TSX. V: QMC) (FSE:
3LQ) (OTC PINK: QMCQF) (“QMC” or "the Company") is pleased to report initial assay results from the 2019
drill program on the Company’s 100% owned Irgon Lithium Mine Project located within the prolific Cat Lake -
Winnipeg River rare-element pegmatite field of S.E. Manitoba. This pegmatite field also hosts Sinomine Resource’s
nearby Tantalum Mining Corporation of Canada (“ TANCO”) rare-element pegmatite (formerly owned by Cabot
Corporation).
President and chief executive officer of QMC Minerals Balraj Mann stated: “We are extremely pleased with the current
results as they confirm significant high -grade spodumene mineralization continues to depth. Spodumene
mineralization was present in all holes. The best assay was in drill hole IR -19-06 which reported 2.95% Li 2O over
0.75m and followed closely by drill hole IR 19-09 which returned 2.87% Li2O over 1.25m. The data received to date
are currently being utilized by SGS Canada to prepare a resource estimate on the property. The recent acquisition of
the TANCO Lithium Mine by Sinomine Resource Group presents QMC the opportunity to have material processed
at the TANCO facility.”
Highlights:
• IR-19-09 returned 3.65 metres of 1.85% Li2O, including 2.46% Li2O, 87 ppm tantalum, 26 ppm cesium and
49 ppm niobium over 2.51 metres.
• IR-19-01 returned 9.75 metres of 1.29% Li2O, including 1.50% Li2O, 300 ppm tantalum, 47 ppm cesium
and 82 ppm niobium over 2.51 metres.
Drill Hole Drill Intercept Assay Results
(No.) From (m) To (m) Width (m) Li2O (%) Ta (ppm) Cs (ppm) Nb (ppm)
• Best individual sample interval:
IR-19-06 77.0 77.75 0.75 2.95 100 39 60
• The intersection with the best grade:
IR-19-09 46.1 49.75 3.65 1.85 - - -
Including 47.24 49.75 2.51 2.46 87 26 49
• The widest intersection:
IR-19-03 39.95 60.30 20.35 1.00 110 57 75
• The overall best intersection (width/grade)
IR-19-01 121.8 132.55 9.75 1.29 - - -
Including 123.7 130.90 7.85 1.30 300 47 82
Qualified Person
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 TANCO
Shanghai-based Sinomine Resource Group (“Sinomine”) recently acquired from Cabot Corporation its specialty fluids
business which includes the TANCO Lithium Mine. Sinomine paid US$135 million plus a royalty of up to US$5
million for lithium products processed.
About the Company
QMC is a British Columbia based company engaged in the business of acquisition, exploration and developme nt of
resource properties. Its objective is to locate and develop economic precious, base, rare metal and resource properties
of merit. The Company’s properties include the Irgon Lithium Mine project and two VMS properties, the Rocky Lake
Suite 440 - 755 Burrard Street, Vancouver, British Columbia V6Z 1X6
Tel: (604) 601-2018 I email: [email protected] I web: www.qmcminerals.com
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
Email: [email protected]
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.