QMC Quantum Receives Permits For Trenching And Diamond Core Drilling, Mugaha Gold Property, Mackenzie, British Columbia

(via Thenewswire.ca)

- systematic follow-up trenching to extend and define gold zones discovered in the 2006 hand trenching program with values of 139.1g/t over 1 metre and to test other significant soil anomalies with up to 3,670 ppb Gold

- 2000 metre drilling program planned to delineate the zones to depth.

Vancouver, May 10, 2012 - Further to the press release dated March 19, 2012, QMC Quantum Minerals Corp. (TSXV: QMC) ("QMC" or the "Company") is pleased to announce that the company has received permits from the British Columbia Ministry of Energy and Mines for a helicopter-supported systematic trenching, sampling and diamond drilling program on the Mugaha Gold Property (the 'Property') located 15 kilometres north of the town of Mackenzie, British Columbia. QMC recently entered into an option agreement with Mackenzie Minerals Ltd. whereby it has the exclusive right to acquire an undivided 100% right, title and interest in the Mugaha Property.

The trenching will be carried out with 2 portable small mini-backhoes (CANDIG model 21) and will cover the 25 gold-in-soil anomalies to define the bed-rock source. The uniqueness of this back-hoe is its minimal impact for land disturbance and timely reclamation. Contingenton the results, the trenching will be followed-up with a diamond core drilling program. The drilling program will be comprised of short 100 metre drill holes totalling 2000 metres.

Gold mineralization was discovered on the property in 2006 by Wealth Minerals after several years of extensive exploration by geological mapping, prospecting and geochemical surveys.

Hand trenching outlined a number of mineralized quartz veins and veinlets in sheared and faulted slate and siltstone. Several veins and veinlets were outlined and could be traced intermittently for about 120 meters along strike and remain open in both directions. Gold values are highly erratic and metallic screening analyses indicate that a significant amount of the values occur as free gold. Mineralized veins are generally sheared and highly fractured and contain sporadic pyrite and base metal sulfides. Eight of 13 trenches cut mineralized quartz veins and values ranged from less that 1 g/t gold over 1.0 meter to a maximum of 139.1 g/t gold over 1.0 meter. Other significant values obtained in the trenching are 2.97 g/t, 4.19 g/t, 3.11 g/t, 6.94 g/t and 14.81 g/t over 1.0 meter widths respectively and grab samples assaying up to111.71 g/t and 22.81 g/t from six trenches.

The property is underlain by weakly metamorphosed and complexly deformed rocks of the Upper Proterozoic Misinchinka Group. The Misinchinka Group consists of a thick monotonous sequence of siliciclastic and lesser carbonate rocks of turbidite affinity deposited on the western margin of ancestral North America.

The mode of occurrence the Mugaha property mineralization appears to be very similar to the sedimentary hosted mineralized gold deposits such as; Muruntau, Uzbekistan +100 million oz; Sukhoy Log, Russia - 20 million oz.; Bendigo-Ballarat district, Australia - 20 million oz; Macraes Flat, Otago Schist Belt, New Zealand - 5.2 million oz..

The technical content of this news release has been reviewed and approved by James M. Dawson, P. Eng who is a qualified person as defined by National Instrument 43-101. Mr. Dawson will also be guiding and managing the work program.

The Company is a British Columbia based company engaged in the business of acquisition, exploration and development of mineral properties in Canada. Its objective is to locate and develop economic precious, base metals and REE properties of merit. In addition to the Mugaha gold project, QMC is actively exploring the potential of the Rocky Lake massive sulphide and the Cinder Lake REE projects in Manitoba.

On behalf of the Board of Directors of

QMC QUANTUM MINERALS CORP.

"Balraj Mann"

Balraj Mann

President and Chief Executive Officer

For more information Email: info@qmcminerals.com or Contact

Amy Fernets

T: 778-331-2025

E: amy@qmcminerals.com

QMC QUANTUM MINERALS CORP.

Suite 600, 666 Burrard Street

Vancouver, British Columbia V6C 2X3

Ph: 604 601-2018, email: info@qmcminerals.com

The TSX Venture Exchange has not reviewed and does not accept the responsibility for the adequacy or accuracy of this news release.

This press release contains certain forward looking statements which involve known and unknown risks, delays and uncertainties not under the Company's control which may cause actual results, performances or achievements of the Company to be materially different from the results, performances or expectations implied by these forward looking statements. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.

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