QMC Quantum Minerals (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) is
currently anticipating the completion of an updated NI 43–101 resource report
on its Irgon Lithium Mine Project, in which the company holds a 100 percent
undivided interest. An article discussing the company reads, “QMC’s efforts to
supply a domestic source of lithium have focused on previously explored but
underdeveloped hard rock mineral sites in southern Canada. Historically, North
America’s hard rock miners dominated the lithium industry until the 1980s by
extracting the white metal from the mineral spodumene, which, as a lithium
aluminum inosilicate, is a source of lithium and is often found in large
quantities. South American nations hosting the famed ‘Lithium Triangle’ gained
market dominance with their more economical lithium brine evaporation ponds as
the price of the white metal fell, but companies such as QMC assert that the
hard rock mining process is ultimately more reliable and faster to bring into
production once the initial exploratory work has been completed. . . . QMC has
invested over two years into its vision for its Manitoba property, known as the
Irgon Lithium Mine Project, stating that, typically, hard rock projects take
three to five years to commence production. The company is anticipating the
completion of an updated NI 43–101 resource report on the Irgon Project, in
which it holds a 100 percent undivided interest.”
To view the full article, visit http://ibn.fm/3Ocz9
About QMC Quantum Minerals Corp.
QMC is a British Columbia-based company engaged in the
business of acquisition, exploration and development of resource properties.
Its objective is to locate and develop economic precious, base, rare metal and
resource properties of merit. The company’s properties include the Irgon
Lithium Mine project and two VMS properties, the Rocky Lake and Rocky-Namew,
known collectively as the Namew Lake District Project. Currently, all of the
company’s properties are located in Manitoba. For more information, visit the
company’s website at www.QMCMinerals.com.
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