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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Quebec Precious Metals Corporation | TSXV:CJC | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.30 | 0.29 | 0.31 | 0 | 01:00:00 |
Following the re-logging of the historical drill core, 51 samples from hole AP-08-12 are being re- analyzed. Assays for all precious metals are pending. QPM will continue to relog the core to strategically identify the best core for additional assay testing during the fall.
Exploration update
Further to its July 30, 2019 press release, QPM provides an update on the first phase of the 2019 program as follows:
Sakami project
Cheechoo-Éléonore Trend project
Annabelle, Blanche and Charles and Opinaca Gold West projects
The surface program aims to develop targets for an anticipated drill program beginning during the fall. Details of the second phase of the program will be finalized following a review of the results of the first phase.
Quality Assurance/Quality Control
Quality assurance and quality control procedures have been implemented to ensure best practices in sampling and analysis of the core samples. The drill core was re-logged and then split, with one-half sent for assay and the other retained in the core box as a witness sample. Duplicates, standards and blanks were inserted regularly into the sample stream. The samples were delivered, in secure tagged bags, directly to the ALS Minerals laboratory facility in Val-d’Or, Quebec. The samples are weighed and identified prior to sample preparation. All samples are being analyzed by aqua regia extraction with an inductively coupled plasma finish coupled with atomic emission spectroscopy (ICP-AES). The analytical procedure for gold is fire assay with AA finish on a 30 g sample (0.005-10 ppm Au), with a gravimetric finish for assays over 10 ppm Au.
Qualified Persons
Normand Champigny, Eng., Chief Executive Officer of the Company, and Jean-Sébastien Lavallée (OGQ #773), geologist, Vice-President Exploration, director and shareholder of the Company, both Qualified Persons under NI 43- 101 on standards of disclosure for mineral projects, have prepared and approved the technical content of this release. About Quebec Precious Metals Corporation
QPM is a new gold explorer with a large land position in the highly-prospective Eeyou Istchee James Bay territory, Quebec, near Newmont Goldcorp Corporation’s Éléonore gold mine. QPM’s flagship project is the Sakami project with significant grades and well-defined drill-ready targets. QPM’s goal is to rapidly explore this project to advance it to the mineral resource estimate stage.
For more information please contact:
Jean-François Meilleur President Tel.: 514 951-2730 jfmeilleur@qpmcorp.ca
Normand Champigny Chief Executive Officer Tel.: 514 979-4746 nchampigny@qpmcorp.ca
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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