Q Precious & Battery Metals Refines Targeting for Diamond Drilling La Corne South Project, Val d’Or Quebec
Rhea-AI Summary
Q Precious and Battery Metals Corp. (CSE:QMET) has provided an update on diamond drilling targeting at their La Corne South project near Val d'Or, Quebec. The company reports that previous drilling (hole 24LCS-01) revealed VMS-style mineralization with elevated copper, zinc, silver, and gold.
Further drilling is planned for early 2025, focusing on TDEM anomalies EMG-1 and EMG-2, which may be located within the same volcanic horizon. The geophysical surveys indicate a potential corridor of magnetic and electromagnetic anomalies spanning two kilometers, which remains open to the northwest.
The company has submitted 278 core samples from the first three holes to ALS laboratory in Val d'Or for analysis, including tests for 48 elements and precious metals. Quality control measures include blanks, standards, and duplicates inserted every 10 samples.
Positive
- Successful identification of VMS-style mineralization with multiple metals (copper, zinc, silver, gold) in hole 24LCS-01
- Discovery of a 2-kilometer corridor of magnetic and electromagnetic anomalies with potential for extension
- Systematic exploration approach with quality control measures in place
Negative
- Results from holes 24LCS-02 and 24LCS-03 still pending
- Additional geophysical surveying required in the northwest direction
VANCOUVER, BC / ACCESSWIRE / January 6, 2025 / Q Precious and Battery Metals Corp. ("QMET" or the "Company") (CSE:QMET) is pleased to provide an update on targeting for diamond drilling at their La Corne South project located north of Val d'Or, Quebec.
As previously summarized (November 2024), drill holes that have been completed to date were designed to test coincident TDEM conductors with magnetic highs. As reported in previous news releases, results from hole 24LCS-01 indicate robust VMS-style mineralization containing elevated copper, zinc, silver, and gold.
Continued drilling is planned for early 2025. The company's geologic team has continued to investigate the geophysical survey data, including 3-dimensional modeling of the TDEM survey results. The successful drilling of the TDEM anomaly at holes 24LCS-01 to 24LCS-03 indicates that these targets are of primary interest for further testing. The geophysics shows a cluster of TDEM anomalies further to the south. In particular, TDEM anomalies EMG-1 and EMG-2 have been targeted for diamond drill testing. Maxwell Plate Modeling of these anomalies using Mircomine software indicates that EMG-1 and EMG-2 may be located within the same volcanic horizon that strikes general north to northwest and dips to the east, with EMG-1 being at depth beneath EMG-2 (see inserted figure). This makes for a very attractive drill target for initial testing planned for this winter.
Figure 1 - Maxwell thin plate modeling of EMG-1 (blue) and EMG-2 (red). Topographic surface in green
The geophysics indicates a possible corridor of magnetic and electromagnetic anomalies over a two kilometer strike. The corridor is open to the northwest where surveying has yet to be completed, and the company plans to extend the geophysical surveying in that direction once exploration resumes.
The company is looking forward to receiving results from holes 24LCS-02 and 24LCS-03 which will aid in exploration planning.
Explo-Logik Inc, located in Val d'Or, is managing exploration including core logging and sampling at their facility. A total of 278 samples of core from the first three holes were directly delivered by Explo-Logik staff to the ALS laboratory in Val d'Or, Quebec. The samples underwent ALS ME-MS61L process that uses 4-acid digestion of pulverized samples followed by mass spectrometer detection for 48 elements, and process Au-ICP21 that analyzes for gold, platinum, and palladium using fire assay. For quality assurance and control Explo-Logik inserted blanks, standards, and duplicates at one insert every 10 samples.
Q PRECIOUS & BATTERY METALS CORP
QMET exploration programs undertaken in Quebec are supervised by Dr. Mathieu Piché, OGQ, with office located north of Val d'Or. He is also a Q Battery Metals company director. The company has
Cautionary Statement
This press release contains forward-looking statements based on assumptions as of that date. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. The Company cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: risks and uncertainties relating to exploration and development; the ability of the Company to obtain additional financing; the Company's limited operating history; the need to comply with environmental and governmental regulations; fluctuations in the prices of commodities; operating hazards and risks; competition and other risks and uncertainties, including those described in the Company's Prospectus dated September 8, 2017 available on www.sedar.com. Accordingly, actual and future events, conditions, and results may differ materially from the estimates, beliefs, intentions, and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.
On behalf of the Board of Directors
Richard Penn
CEO
(778) 384-8923
SOURCE: Q Precious & Battery Metals Corp.
View the original press release on accesswire.com
FAQ
What minerals were found in QMET's La Corne South project drill hole 24LCS-01?
When is QMET planning to continue drilling at La Corne South project?
How long is the magnetic and electromagnetic anomaly corridor at QMET's La Corne South project?
How many core samples has QMET submitted for analysis from La Corne South?
