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QcX Gold Acquires the Olsen Project, Expanding the Batchawana Project Footprint Adjacent to Sterling Metals' Soo Copper Discovery
Toronto, Ontario--(Newsfile Corp. - December 12, 2025) - QcX Gold Corp. (TSXV: QCX) (OTC Pink: Q...
About this update from Qcx Gold Corp
QcX Gold Acquires the Olsen Project, Expanding the Batchawana Project Footprint Adjacent to Sterling Metals' Soo Copper DiscoveryToronto, Ontario--(Newsfile Corp. - December 12, 2025) - QcX Gold Corp. (TSXV: QCX) (OTC Pink: QCXGF) (FSE: 21MA) ("QcX" or the "Company") is pleased to announce it has entered into mining claim acquisition agreements (the "Agreements") with arm's length parties (the "Vendors") dated December 12, 2025, to acquire 100% of the Olsen Project, a 3,715-hectare land package located within the Batchawana Bay area in northwest Ontario (the "Olsen Project"). The acquisition expands QcX's land position in the Batchawana Greenstone Belt, consolidating a prospective copper-gold district positioned directly along trend of Sterling Metals Corp.'s Soo Copper Project. The addition of the Olsen Project increases the Company's Batchawana Project to a total of 30 multi-cell claims and 39 single-cell claims, forming a large, mostly contiguous land position that now shares more than 6.6 kilometres of common boundary with the core of Sterling's recently announced discovery (see Figure 1). Sterling's discovery highlights include 262.5 m of 1.05% CuEq (0.52% Cu, 0.005% Mo, 0.49g/t Au, 3.15g/t Ag), with higher-grade intervals including 68.3 m of 3.25% CuEq (1.39% Cu, 0.007% Mo, 1.83 g/t Au, 8.46 g/t Ag) and 9.2* m of 19.8% CuEq (6.8% Cu, 0.008% Mo, 13.2 g/t Au, 46.26 g/t Ag) (Sterling news release dated September 29, 2025). QcX's expanded ground position places the Company prominently within one of Canada's most promising emerging copper districts. The Company cautions investors that mineralization hosted on nearby or adjacent properties is not necessarily indicative of mineralization hosted on the Olsen Project.Historic work on the Olsen claims indicates five documented mineral occurrences supported by diamond drilling, geological mapping, and geochemical sampling. Historical drilling has intersected quartz-porphyry lithologies, significant pyrite with minor chalcopyrite, and alteration consistent with copper-gold porphyry systems. Historical highlights include a 1.98 g/t Au surface grab sample1 and 0.03% Cu over 1.18 m from historical drilling2.Strategic and Geological HighlightsPrime Geological Setting: The Property is located within the Precambrian Batchawana Greenstone Belt and associated metasedimentary sequences along the eastern margin of the Mi...