Business
QIMC Initiates Phase 1 Drilling in West Advocate, Nova Scotia Following Receipt of Regulatory Approval
Montreal, Quebec--(Newsfile Corp. - February 4, 2026) - Québec Innovative Materials Corp. (CSE: QIMC) (OTCQB: QIMCF) (FSE: 7FJ) ("QIMC" or the "Company") is pleased to announce that it has received a Notice of Approval from the Nova Scotia Department of Natural Resources and Renewables in respect of its drilling notification application for the Eatonville Project, located in the West Advocate area of Nova Scotia.Receipt of the Notice of Approval enables the Company to proceed with its planned...
About this update from Quebec Innovative Materials Corp
[{"type":"text","content":"Montreal, Quebec--(Newsfile Corp. - February 4, 2026) - Québec Innovative Materials Corp. (CSE: QIMC) (OTCQB: QIMCF) (FSE: 7FJ) ("QIMC" or the "Company") is pleased to announce that it has received a Notice of Approval from the Nova Scotia Department of Natural Resources and Renewables in respect of its drilling notification application for the Eatonville Project, located in the West Advocate area of Nova Scotia.","length":436,"tagName":"p"},{"type":"text","content":"Receipt of the Notice of Approval enables the Company to proceed with its planned Phase 1 drilling program at Eatonville, marking the transition from surface-based exploration to subsurface drilling activities. This approval represents the completion of the permitting step required for the Eatonville Phase 1 program.","length":318,"tagName":"p"},{"type":"text","content":""This is a critical moment for QIMC," said the Company's CEO John Karagiannidis. "Our objective is not a one-off success, but a repeatable model—submit notices, mobilize, drill, develop, and scale. Eatonville is up first, and Bennett Hill is next."","length":272,"tagName":"p"},{"type":"text","content":"This marks a major operational inflection point as the Company advances its initial three-hole drill program. This program represents a significant execution milestone within QIMC's strategy of repeatability, deliverability, and development, designed to technically validate a streamlined pathway from notice submission to active drilling and into subsurface results, including advective pathways and accumulations.","length":419,"tagName":"p"},{"type":"text","content":"This achievement underscores both QIMC's execution-focused strategy and the Province of Nova Scotia's commitment to streamlining its processes in support of responsible resource development.","length":198,"tagName":"p"},{"type":"text","content":"CEO John Karagiannidis added, "We thank the Nova Scotia Government for its prompt and professional processing of our Eatonville notices. Their responsiveness sends a strong message to investors globally that Nova Scotia is open for business, serious about energy security, and committed to economic growth."","length":322,"tagName":"p"},{"type":"text","content":"The objective of the Eatonville program is to establish a scalable de...