|From: NetworkNewsWire (Rep: 0)||Date: 01/09/2019 15:51|
|Forum: Penny Stocks - Msg #2615 - List QMCQF msgs ||Thread #674056784 (Rec: 0) |
|NetworkNewsBreaks – QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Reports Positive MMI Geochemical Orientation Survey Results|
QMC Quantum Minerals (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) this morning issued an update on its wholly-owned Irgon Lithium Mine Project which is located within the prolific Cat Lake-Winnipeg River rare-element pegmatite field of South East Manitoba. The company received encouraging results from the recent Mobile Metal Ion (“MMI”) geochemical orientation survey from SGS Canada. SGS was able to accurately identify the unexposed position of the western extension of the Irgon Pegmatite Dike, based on the results received after geo-referencing of the MMI ratio data. Additionally, two distinct, strong MMI anomalies were identified by SGS, indicating a correlation to buried, parallel, lithium-bearing pegmatite occurrences. The company and SGS both believe that there is great potential these parallel dikes could significantly increase the resource estimate for the property. QMC will initiate additional MMI sampling across the inferred strike of these buried dikes prior to them being drill tested.
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