Mining Brief

Copper Mine Production Increasing While Gold Prices Rise - Seite 2

QMC Quantum Minerals Corp. (TSX-V: QMC) (OTCPK: QMCQF) BREAKING NEWS:  QMC PLANS WORK PROGRAM FOR ITS GOLD-COPPER-ZINC PROJECT  - QMC Quantum Minerals Corp., ("QMC" or "the Company"), is pleased to announce an update on its Rocky Lake and Rocky-Namew volcanic massive sulphide ("VMS") properties. 

Highlights 

• World-Class Flin Flon-Snow Lake region home to 11 mines, including Hudbay Minerals Inc.'s ("HBM") Lalor Mine and 31 VMS deposits.
• 41 identified gold-copper-zinc targets;
• Drilling confirmed a 1,000 metre long target with visible chalcopyrite in drill core;
• Easily accessible to excellent infrastructure;

The Company has initiated planning of the proposed 2021 work program on its 100% owned VMS properties located in the mineral-rich Flin Flon-Snow Lake Area of Central Manitoba. These properties, the Rocky Lake and the Rocky-Namew, are known collectively as the Namew Lake District Project. 

To date, QMC has completed a significant amount of work on the project, including Geotech's Versatile Time Domain Electromagnetic ("VTEM") system survey which outlined 41 targets.  Detailed re-interpretation of the VTEM data by Maxwell Modelling on the main Rocky Lake massive sulphide target showed the presence of a deep-seated conductor (target). This conductor is at least 1,000 metres long and at a depth of 200 metres. 

Four drill holes tested the conductor with two drill holes confirming the top of the conductor, intersecting massive sulphide mineralization at a vertical depth of 193 metres.  The drill holes confirmed the presence of massive sulphide mineralization with visible chalcopyrite. Based on the results, it is reasonable to assume that there could be potential for a deposit scale mineralization.  A NI 43-101 technical report entitled Rocky Lake Volcanogenic Massive Sulphide (VMS) Project and dated March 20, 2013, can be found under QMC's profile on SEDAR website at www.sedar.com.

The project is located immediately west of Provincial Highway 10, 65km northwest of the town of The Pas and 40km south of the mining center and former smelter at Flin Flon.  The property is accessible year-round by 4-wheel drive and by all-terrain vehicles, and the Hudson's Bay rail line is east of the property.   Important infrastructure including access, goods, services and supplies are readily available.