- 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://ibn.fm/vFSfq).
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://ibn.fm/85dRi).
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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