- QMC Quantum Minerals (QMC) has received a work permit from the Government of Manitoba for the company’s Irgon Lithium Mine Property
- The strike length has been extended to approximately 800 metres
- The project features existing underground development and excellent local infrastructure
- QMC is a British Columbia-based company with a portfolio of resource properties in Manitoba
- QMC Quantum Minerals Corp. (QMC) opened trading at C$0.145
QMC Quantum Minerals (QMC) has received a work permit from the Government of Manitoba for the company’s Irgon Lithium Mine Property.
The Irgon Lithium Mine has a historical resource estimate of 1.2 million tons grading 1.51 per cent Li2O over a strike length of 365 metres to a depth of 213 metres.
The strike length has been extended to approximately 800 metres and remains open along strike and to depth. A complete mining plant and 40-man camp were installed on-site during 1956/57. The adjacent Highway 314, which transects the property, was specifically built for access to the historic Irgon mining operation. The mining plant was designed to process 500 tons of ore per day. The project has excellent infrastructure, being close to grid power, highway access to a processing facility 20km to the south and a major central railway system located in Winnipeg, Manitoba.
The initial focus of the proposed work program will be to carry out a field mapping, and sampling program in order to extend the Irgon Dike beyond the known 800m strike length. The company will then execute a channel sampling program across newly exposed mineralized outcrop sections of the Irgon Dike.
Project highlights:
- Historic resource: Between 1953 and 1954, the Lithium Corporation of Canada Limited (“LCOC”) reported a historical resource estimate on the Irgon Dike of 1.2 million tons grading 1.51% Li20 over a strike length of 365 metres and to a depth of 213 metres.
- Existing underground development: During 1956/1957, a complete mining plant was installed, and since removed, on site designed to process 500 tons of ore per day, and a three-compartment shaft was sunk to a depth of 74 metres. On the 61-metre level, lateral development was extended off the shaft for a total of 366 metres of drifting, from which six crosscuts transected the dike.
- Excellent historic recoveries: Historic metallurgical tests reported an 87 per cent recovery from which a concentrate averaging 5.9 per cent Li2O was obtained.
- Excellent local infrastructure: The Irgon Property is transected by Manitoba Highway 314 with access to hydro, water, and nearby railhead and is located only 20 kilometres north of the Sinomine Rare Metal Resources Group’s TANCO Mine, which is currently mining spodumene and producing a lithium concentrate on site.
- Pending NI 43-101 Report: A NI 43-101 technical report is nearing completion, which will update the historical lithium resource to current NI 43-101 standards.
QMC is a British Columbia-based company focused on acquiring and exploring resource properties. Its objective is to locate and develop rare metal resource properties. 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.
QMC Quantum Minerals Corp. (QMC) opened trading at C$0.145.