British Columbia-based company Quantum Minerals (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) this morning announced that, during its recent Irgon drill program, the owners of the TANCO Mine, Cabot Corp., provided QMC the opportunity to evaluate and re-sample stored drill core derived from the 1978 TANCO drill program. Per the update, during the historical drilling on the Central and Mapetre pegmatite dikes, located within the Irgon Property, the BQ core was split and subsequently analyzed by TANCO to determine the tantalum and tin concentrations. TANCO ignored the lithium content, not having interest in the metal at that time. During the historical program, two short holes were drilled through the Mapetre Dike and 20 short holes were collared on the Central Dike, and TANCO, in the interim, stored the core in facilities at the mine site. Visual spodumene was reported in the 1978 logs. QMC, on re-sampling, confirmed that pegmatite was intersected in all drill holes for which the core was available. With several holes with sections completely removed and three holes missing from the TANCO storage facility, the available drill core was not complete. However, 1/4 section of the remaining core was removed and analyzed by SGS Labs in Lakefield, Ontario, for 56 elements, including lithium, tantalum, niobium, rubidium and cesium using a sodium peroxide fusion followed by Inductively Coupled Plasma Atomic Emission Spectroscopy (ICP-AES / ICP-MS). Analytical results are pending.
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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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