- Non-disclosure contract will identify economic prospects of Irgon Pegmatite Dike
- Company identifies additional “lithium soil anomaly” of interest on Cat Lake-Winnipeg River site
- Lithium continues to garner interest amid environmentally conscious drive to transform auto industry
A recently signed NDA contract through which spodumene mineralization at QMC’s Irgon Project located in Manitoba’s bountiful Cat Lake-Winnipeg River Pegmatite Field serves as evidence that QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) continues to advance toward the eventual reboot of a lithium mine that was shuttered some six decades ago. This news release announcing the agreement states that an Asia-based manufacturing company will test Irgon lithium (spodumene) mineralization identified during recent channel sampling at the site to ascertain if it “meets end-use requirements of the manufacturer’s customers.”
QMC announced the NDA agreement, by which the company is bound to a contractual non-disclosure of details, following recent news which documented impressive channel sampling results and the completion of 3-D modeling of the historical development. “Recent assay results received from the 2017 channel sampling program were very positive, supporting the original development work on the dike … with very encouraging individual sample grades of up to 4.31%, 4.0% and 3.05% Li2O over one-metre sample intervals.” These data indicate the potential to define additional untapped tonnage along the…
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