Quantum Minerals (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) this morning announced that it has mobilized a diamond drill and support crew to the company’s wholly-owned Irgon Mine Project. The project is located in the prolific Cat Lake-Winnipeg River rare-element pegmatite field of S.E. Manitoba, which also hosts Cabot Corporation’s nearby Tantalum Mining Corporation of Canada (“TANCO”) rare-element pegmatite. According to the update, QMC is initiating a two-phase drill program that intends to confirm and expand the Irgon property’s published historic resource (1.2 million tons grading 1.51 percent Li2O as previously calculated for Lithium Corporation of Canada). The program’s initial phase will consist of 1500m of NQ drilling in 12 holes, with the first 8 to confirm grades and widths of the 1953/54 drill results used to calculate the initial, historic resource that used data derived by sampling both the initial drill core and underground channel samples that were taken across the dike from within the currently inaccessible, water-filled workings. The remaining 4 holes will chase the Irgon Dike westward from the area hosting the original resource in order to test the spodumene-bearing pegmatites identified as the Irgon Dike’s Western Extension, and confirm its westward continuity. QMC, with results of the phase one drilling in hand, has instructed SGS to produce an updated, NI 43-101 compliant, inferred resource for the central, previously developed section of the Irgon Dike. QMC expects that testing of the Irgon Dike’s westward extension will add additional inferred tonnage available on the property.
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About QMC Quantum Minerals Corp.
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. For more information, visit the company’s website at www.QMCMinerals.com.
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