QMC Receives Positive Results from the Mmi Geochemical Orientation Survey over the Irgon Dike; TWO Additional Targets Identified
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QMC RECEIVES POSITIVE RESULTS FROM THE MMI GEOCHEMICAL ORIENTATION
SURVEY OVER THE IRGON DIKE; TWO ADDITIONAL TARGETS IDENTIFIED
January 9, 2019 Vancouver, British Columbia: QMC Quantum Minerals Corp., (TSX.V : QMC)
(FSE: 3LQ) (OTC PINK: QMCQF) (“QMC” or "the Company") is pleased to provide an update on the
company’s 100% owned Irgon Lithium Mine Project located within the prolific Cat Lake-Winnipeg River
rare-element p egmatite field of South East Manitoba which also hosts Cabot Corporation’s nearby
Tantalum Mining Corp. of Canada’s (“TANCO”) rare-element pegmatite.
The company received an extremely positive reporting of results from the recent Mobile Metal Ion (“MMI”)
geochemical orientation survey from SGS Canada . Based on the MMI results received after geo-
referencing of the MMI ratio data, SGS was able to accurately identify the unexposed position of the
western extension of the Irgon Pegmatite Dike.
In addition, two separate strong MMI anomalies were identified: one lying north of the Irgon Dike and the
other lying south of the dike. At both locations, no surface rock outcropping nor spodumene mineralization
is visible. SGS has indicated to QMC that these strong MMI geochemical responses are related to buried,
parallel, lithium-bearing pegmatite occurrences.
QMC and SGS are extremely pleased with the initial results of MMI orientation survey and the
identification of these new parallel lithium anomalies. QMC will initiate further MMI sampling across the
inferred strike of these buried dikes prior to these new targets being drill tested. Both QMC and SGS believe
that as these anomalies are further defined and subsequently drill tested, there is significant potential for
the parallel dikes to greatly increase the resource estimate for the property.
The MMI orientation survey was undertaken over the buried, western extension of the spodumene-bearing
Irgon Pegmatite Dike. Soil samples were taken along a north south trend line across the strike of the Irgon
Dike. Sample spacing was set at an interval of 10 meters on top of the strike projection of the Irgon Dike
and expanded to 20 meters at the line extremities for background purposes. Two sampling depths were
tested. Both sample depths indicated a preferred response. This initial orientation survey consisted of a
total of 40 samples.
Since this technique has responded extremely well to reflect the underlying mineralization that occurs
within the Irgon Dike, QMC now plans to expand its use over other prospective target areas within the
Irgon Mine Property.
HISTORICAL RESOURCE
Between 1953 and1954, 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% Li 20 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
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believed to be based on reasonable assumptions, and neither the company nor the Qualified Person has any
reason to contest the document’s relevance and reliability. The detailed channel sampling and a subsequent
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 sera work program, a complete mining plant was installed onsite, designed to
process 500 tons of ore per day, and a three -compartment shaft was sunk to a depth of 74 meters. On the
61meter level, lateral development was extended off the shaft for a total of 366 meters of drifting, from
which seven crosscuts transected the dike. The work was suspended in 1957 awaiting a more favourable
market for lithium oxides: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
metal and resource properties of merit. The Company’s properties 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 Service s Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news
release.