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Quantum Resources Ltd.

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Summary

Project:

Thompson Bros

Deposit:Thompson Bros
Location:Canada
Commodities:Lithium
Date:5/31/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:31-5-2017: Quantum Resources Ltd. announces an Exploration/Drilling Update report for its Thompson Bros deposit at the Thompson Bros project. Drilling results incl. 11.6m @ 1.43% Li2O from 35.4m. Quantum Resources Limited (ASX: “QUR” or “the Company”) is
Resources:x
CP/QP:[Overall Report]: Olaf Frederickson (Internal)
ABSTRACT:Quantum Resources Limited (ASX: “QUR” or “the Company”) is pleased to provide the following Exploration Update in relation to its Thompson Bros Lithium Project (“the Project”) in Manitoba, Canada. The first six drill holes were completed at the Thompson Bros Lithium Project in Manitoba. Five of the holes encountered significant intervals of spodumene (lithium bearing mineral) mineralisation at downhole widths that are in line with or exceed those encountered from historical drill programmes. The Company is eagerly awaiting the remainder of results from the lab as the potential of this exciting hard rock spodumene based lithium deposit unfolds. QUR Managing Director, Mr. Avi Kimelman said: “The results from the first two drill holes have provided a strong reflection to the historic drill data, as they have either matched-up or exceeded the historic data which builds around the historical resource numbers. These holes have re-confirmed the presence of extensive zones of lithium bearing mineralisation at Thompson Bros and aim to develop a JORC Resource on the Project as we continue the work programme. We look forward to the assessing and reporting the remaining results when they return from the lab in due course.”

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