- QMC Quantum Minerals is exploring for lithium at the Irgon Mine site in southern Manitoba, which is located nearby the world-class TANCO Deposit, another very productive, lithium-bearing granitic pegmatite
- The company is entering into talks with testing firm SGS Canada to begin the process of testing production of a saleable lithium product
- SGS’s evaluation of QMC’s site recently discovered two unexpected geochemical soil anomalies believed to indicate additional, adjacent, lithium-bearing pegmatite dikes
Recent successes in exploring for spodumene-bearing pegmatite dikes on its 100 percent-owned Irgon Property are leading QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) to begin preliminary testing of lithium recoveries from a sample of the Irgon mineralization. A January news release issued by the company (http://nnw.fm/dJe6b) notes that QMC is entering discussions with specialized international inspections and testing firm SGS Canada to evaluate lithium recoveries from a large spodumene-bearing pegmatite sample obtained from known dikes on the Irgon property. This is expected to result in confirmation that the production of a saleable lithium material is viable.
QMC will continue to evaluate the additional, potentially mineralized locations as defined by significant geochemical anomalies generated by the recent mobile metal ion (“MMI”) soil geochemical orientation survey that was undertaken at QMC’s Irgon Lithium Mine site in southern Manitoba. The company previously announced that MMI surveying techniques employed by SGS had accurately identified the western extension of its existing Irgon Dike and had gone on to identify two MMI geochemical soil anomalies located north and south of the Irgon Dike. The company believes that these geochemical anomalies are related to buried, parallel, lithium-bearing pegmatite occurrences at which no surface rock outcropping nor spodumene mineralization is visible (http://nnw.fm/w9DTJ). Each of the anomalies, and several additional highly prospective areas, will be further tested and expanded during the upcoming field season to accurately define the exact location and size of the underlying source of the geochemical anomalies. Once defined, all targets will then be tested.
After evaluating the MMI test results received as a result of the MMI orientation geochemical soil survey established directly over the Irgon Dike, SGS noted that “Li (lithium) values in soils correlate well with both Cs (cesium) and Rb (rubidium) values,” and added that “the Cs values for many of the samples are well above a ‘normal Cs value’ in various rock types in North America. This would be expected as elevated Cs values have been previously documented in the assay results of samples obtained during the recent QMC channel sampling program of the Irgon Dike. Cs is also reported to occur in biotite selvages that occur along the contact of the Irgon Dike.”
The two “separate and very pronounced MMI anomalies” that were identified show stronger MMI signatures than the MMI signature received from above the known, existing spodumene mineralization that occurs in the Irgon Dike. QMC is planning to continue to use the MMI survey technique to explore other areas within the Irgon Lithium Mine Property with the aim of quickly adding potential resource expansion.
In the meantime, the lithium recovery study being negotiated with SGS will test the recoveries on and the upgrading of a large spodumene-bearing pegmatite sample taken from dikes on the Irgon Property. SGS will prepare the large sample so that it will be responsive to the dense media separation (“DMS”) process. Then, all gangue magnetic minerals (such as magnetite) will be removed, and a lithium concentrate will be made using DMS. The company will then upgrade the lithium concentrate through flotation technology to recover a final, saleable product.
For more information, visit the company’s website at www.QMCMinerals.com
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive instant SMS alerts, text STOCKS to 77948
For more information, please visit https://www.NetworkNewsWire.com