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Quantum Minerals Corp.
Summary
| Project: | Irgon | |
|---|---|---|
| Deposit: | Irgon Dike | |
| Location: | Canada | |
| Commodities: | Lithium | |
| Date: | 4/17/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 17-4-2018: Quantum Minerals Corp. announces an Exploration/Drilling Update report for its Irgon Dike deposit at the Irgon project. Historic drill assay results incl. 17.8m @ 2.21% Li2O. April 16, 2018 Vancouver, British Columbia: QMC Quantum Minerals Corp | |
| Resources: | Historic Indicated resource of 1.2Mt @ 1.51% Li2O | |
| CP/QP: | [Overall Report]: Bruce Goad (Not stated) | |
| ABSTRACT: | April 16, 2018 Vancouver, British Columbia: QMC Quantum Minerals Corp., (TSX.v: QMC) (FSE: 3LQ) (OTC PINK: QMCQF) (“QMC” or "the Company") is pleased to disseminate the historical drilling results reported (Manitoba AR #94932) by the Lithium Corporation of Canada (“LCOC”). These historical assays were obtained during LCOC’s 1953/54 drilling program on the Irgon Dike. The Irgon Dike is located at the company’s 100% owned Irgon Lithium Mine Project, within the prolific Cat Lake-Winnipeg River Pegmatite Field of S.E. Manitoba, which also hosts the nearby TANCO rareelement pegmatite. LCOC collared 25 historic drill holes on the Irgon Dike. The drill hole projections can be viewed in the 3-D model released by QMC on March 28, 2018, which illustrates clearly that, to date, exploration and underground development have been only undertaken on the upper and central portions of the dike, leaving significant potential to quickly increase tonnage as the Irgon Dike is open both along strike and to depth. The 2017 channel sample locations and surface exposure of the dike are also indicated on the model. These data from the historic drill intersections of the Irgon Dike compare favourably to the 2017 QMC surface channel samples released in the company’s news release of March 05, 2018. These results are documented in the LCOC’s assessment report (Manitoba AR #94932) and these historical data are reproduced below as Table 1. | |
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