ACCESS Newswire
02 Jul 2020, 16:35 GMT+10
MONTREAL, QC / ACCESSWIRE / July 2, 2020 / Quebec Precious Metals Corporation ('QPM' or the 'Company') (TSXV:CJC)(OTCQB:CJCFF)(FSE:YXEP) is pleased to announce the start of the next phase of exploration on its 100%-owned Elmer East project located in the Eeyou Istchee James Bay territory of Quebec. This next phase of work follows the magnetic heliborne survey carried out earlier this year (see press releases of January 28 and 30, 2020) and the evaluation of all available data at the regional scale with the participation de GoldSpot Discoveries Corp. (TSX.V : SPOT). This surface work will consist of follow-up prospecting, geological mapping and rock sampling. This work will significantly improve the understanding of the gold exploration potential of the project.
The project consists of 929 claims (488 km2) and is located along trend from the recent Patwon prospect gold discovery made by Azimut Exploration Inc. It is to be noted that gold mineralization occurring at the Patwon prospect is not necessarily representative of mineralization that may be found on the Elmer East project. Access to the project is facilitated by the quality infrastructure of the James Bay region.
Qualified Persons
Normand Champigny, Eng., Chief Executive Officer of the Company, and Jean-Sébastien Lavallée (OGQ #773), geologist, Vice-President Exploration, director and shareholder of the Company, both Qualified Persons under NI 43- 101 on standards of disclosure for mineral projects, have prepared and approved the technical content of this release.
About Quebec Precious Metals Corporation
QPM is a gold explorer with a large land position in the highly-prospective Eeyou Istchee James Bay territory, Quebec, near Newmont Corporation's Éléonore gold mine. QPM's flagship project is the Sakami project with significant grades and well-defined drill-ready targets. QPM's goal is to find the next gold mine in this territory.
For more information, please contact:
Jean-François Meilleur
President
Tel.: 514 951-2730
[email protected]
Normand Champigny
Chief Executive Officer
Tel.: 514 979-4746
[email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
SOURCE: Quebec Precious Metals Corporation
Get a daily dose of Kansas City Post news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Kansas City Post.
More InformationDHARAMSHALA, India: The Dalai Lama turned 90 on July 6, celebrated by thousands of followers in the Himalayan town of Dharamshala,...
ZAGREB, Croatia: A massive concert by popular Croatian singer Marko Perković, known by his stage name Thompson, has drawn widespread...
WASHINGTON, D.C.: Elon Musk's entry into the political arena is drawing pushback from top U.S. officials and investors, as his decision...
CULVER CITY, California: TikTok is preparing to roll out a separate version of its app for U.S. users, as efforts to secure a sale...
WASHINGTON, D.C.: President Donald Trump claimed he was unaware that the term shylock is regarded as antisemitic when he used it in...
PARIS, France: A strike by French air traffic controllers demanding improved working conditions caused significant disruptions during...
OTTAWA, Canada: With Canada Post struggling to maintain operations amid labour unrest, rivals like FedEx and UPS are stepping in to...
NEW YORK, New York - U.S. and global markets showed a mixed performance in Tuesday's trading session, with some indices edging higher...
PARIS, France: French military and intelligence officials have accused China of orchestrating a covert campaign to damage the reputation...
NEW DELHI, India: Birkenstock is stepping up its efforts to protect its iconic sandals in India, as local legal representatives conducted...
HONG KONG: China has fired back at the European Union in an escalating trade dispute by imposing new restrictions on medical device...
NEW YORK, New York - Monday's trading session saw mixed performances across U.S. and global markets, with several major indices posting...