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QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Starts Drilling at Irgon Lithium Mine Project to Expand Resource Estimate

  • A phase one drilling program has commenced
  • QMC aims to greatly expand the historic resource estimate of the Irgon Lithium Mine Project
  • Company is drilling to test expansion to the western extension of the Irgon Dike

QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) announced on February 21, 2019, initiation of a 1,500-meter drilling program at the Irgon Lithium Mine Project for the purpose of confirming pegmatite intersections, lithium grades and the historic resource published for the Irgon property (http://nnw.fm/1i3Bm).

The Irgon Lithium Mine Project is located within the Cat-Lake-Winnipeg River rare elements pegmatite field in Manitoba. From 1953 to 1954, the Lithium Corp. of Canada’s drill program established a historical resource estimate of 1.2 million tons grading 1.5 percent lithium oxide (Li2O) over a strike length of 365 meters and to a depth of 213 meters.

In 2018, QMC Quantum Minerals foresaw the potential for expanding the historic estimate. The company explored the Irgon site to identify potential extensions to the known dike. QMC began working on exposing the dike along the strike length. Subsequent channel sampling program confirmed and extended the zone of the known spodumene mineralization.

As of February, QMC’s technical team and the drill contractor’s equipment and crew are at Irgon. A diamond drill and support team have already been mobilized to the project. The first hole of the phase one program has been collared, with drilling currently in progress (http://nnw.fm/O0sbx).

QMC’s two-phase drill program is designed to confirm and expand the historic lithium estimate for the Irgon project. As part of the phase one program, QMC plans 1,500 meters of NQ drilling in 12 holes. The first eight holes will confirm the grades and widths of the 1953/54 historic drill results. The four additional holes will chase the Irgon Dike to the west from the area hosting the original resource. Through these additional holes, QMC will test the spodumene-bearing pegmatites identified at the western extension of the Irgon Dike.

SGS Canada, QMC’s consultant, along with the company’s technical team, designed the drilling program. The aim is to confirm and expand pegmatite intersection and lithium grades. SGS will utilize both available data and assay results from the current drilling to calculate an NI 43-101-compliant resource for the property.

As in the case of previous QMC sampling programs, the company will request analysis for 56 elements, including cesium (Cs) and tantalum (Ta).

QMC Quantum Minerals is a Vancouver-based company that deals with the acquisition, exploration and development of lithium and other resource properties. Its primary objective is to develop economically precious, base and rare metals, as well as resource properties of merit. Currently, QMC’s list of projects includes the fully-owned Irgon Lithium Mine Project and two VMS properties (the Namew Lake District Project).

For more information, visit the company’s website at www.QMCMinerals.com

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