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Quebec Precious Metals Corp.
Summary
| Project: | Sakami | |
|---|---|---|
| Deposit: | La Pointe | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 6/18/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 18-6-2020: Quebec Precious Metals Corp. announces an Exploration/Drilling Update report for its La Pointe deposit at the Sakami project. Drilling results incl. 35.4m @ 1.45g/t Au from 152.1m. Montreal, June 18, 2020 - Quebec Precious Metals Corporation (“ | |
| Resources: | x | |
| CP/QP: | [Overall Report] Jean-Sebastien Lavallee, Normand Champigny (Internal) | |
| ABSTRACT: | Montreal, June 18, 2020 - Quebec Precious Metals Corporation (“QPM” or the “Company”) (TSX.V: CJC, OTCQB: CJCFF, FSE: YXEP) is pleased to report additional drill results at the La Pointe Extension discovery following the winter diamond drilling program on the 100% owned Sakami Project (the “Project”) in Quebec’s Eeyou Istchee James Bay territory. Significant additional drilling will be carried out this summer and fall to better define the exploration potential of this discovery. Field logging and assaying are pending from 5 DDH completed at the La Pointe Extension. The La Pointe deposit and new La Pointe Extension discovery are part of a larger 2- kilometre-long mineralized trend on the Project striking SSW-NNE (see Figures 1 to 6). This discovery has potential kilometre-scale extensions that have been subject to very limited surface exploration and no drilling. Two high-grade surface grab samples (23.82 g/t Au, 9.52 g/t Au) located 700 m apart illustrate the potential of this area (see Figure 4). The objective of the winter 7,448 m oriented-core drill program (see press release of April 21, 2020) was to expand the La Pointe deposit and the Simon new high-grade discovery. | |
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