- QMC currently upgrading historical resource on Irgon Mine Project to modern NI 43-101 standards
- Company confident that additional exploration will confirm resources in excess of 1.2 million tons graded at 1.5 percent Li2O
- Jump in North American electric vehicle sales boosts lithium’s prospects amid supply versus demand concerns
QMC Quantum Minerals Corp.’s (TSX.V: QMC) (FSE: 3LQ) (OTC: QMCQF) expectations for revitalizing and further developing a large lithium mine in Manitoba’s bountiful Cat Lake-Winnipeg River Pegmatite Field could play an important role in powering North America’s electric automobile revolution. The company’s flagship Irgon Mine Property in the province’s southeast region, in addition to the company’s two volcanic massive sulphide (“VMS”) properties known collectively as the Namew Lake District Project and located further north in Manitoba’s productive Flin Flon/Snow Lake VMS mining district, presents the potential for the quick fire-up of economically viable successes.
Although electric vehicles are only just beginning to gain a solid toe-hold in the United States, EV recharging stations are becoming more commonplace in most states — a clear indicator that the market could suddenly take off. California is pushing for five million EVs on the road by 2025, with eight other states following California’s sales target of…
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