Business
QMC Confirms Significant Spodumene Mineralization in Historical Drill Core
Vancouver, British Columbia--(Newsfile Corp. - May 14, 2019) - QMC Quantum Minerals Corp. (TS...
About this update from Qmc Quantum Minerals Corp.
[{"type":"text","content":"QMC Confirms Significant Spodumene Mineralization in Historical Drill CoreVancouver, British Columbia--(Newsfile Corp. - May 14, 2019) - QMC Quantum Minerals Corp. (TSXV: QMC) (FSE: 3LQ) (OTC Pink: QMCQF) (\"QMC\" or \"the Company\") is pleased to announce during the recent Irgon drill program, Cabot Corp., the owners of the TANCO Mine, provided QMC the opportunity to evaluate and re-sample the stored drill core derived from the 1978 TANCO drill program. This historical drilling was undertaken on the Central and Mapetre pegmatite dikes which are located within the Irgon Property. During this 1978 drill program, the BQ core was split (using a core splitter) and subsequently analyzed by TANCO to determine the tantalum and tin concentrations. The lithium content had been ignored, as TANCO at that time had no interest in this metal. During this historical program, two short holes were drilled through the Mapetre Dike and 20 short holes were collared on the Central Dike. In the interim, the core has been stored in the TANCO core facilities at the mine site.Visual spodumene was reported in the 1978 logs. On re-sampling, QMC confirmed that pegmatite was intersected in all drill holes for which the core was available. The available drill core was not complete, as several holes had sections that had been completely removed and three of the holes were missing from the TANCO storage facility.QMC sawed the half core remaining in the core box, leaving a quarter of the original core in the TANCO inventory. The ¼ section of the core removed was analyzed by SGS Labs in Lakefield, Ontario, for 56 elements, including lithium, tantalum, niobium, rubidium and cesium using a sodium peroxide fusion followed by Inductively Coupled Plasma Atomic Emission Spectroscopy (ICP-AES / ICP-MS). Analytical results are pending.HISTORICAL ESTIMATESBetween 1953-1954, the Lithium Corporation of Canada Limited drilled 25 holes into the Irgon Dike and subsequently reported a historical mineral estimate of 1.2 million tons grading 1.51% Li20 over a strike length of 365 metres and to a depth of 213 metres (Northern Miner, Vol. 41, no.19, Aug. 4, 1955, p.3). This historical estimate is documented in a 1956 Assessment Report by B. B. Bannatyne for the Lithium Corporation of Canada Ltd. (Manitoba Assessment Report No. 94932). This historical estimate is believed to b...