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     275  0 Kommentare With Today's Election & Market Uncertainty Gold May Be The Safe Play For Now - Seite 2

    QMC Quantum Minerals Corp. (TSX-V: QMC) (OTCPK: QMCQF) BREAKING NEWS:  QMC'S Namew Lake District Similar to Lalor Mine  - QMC Quantum Minerals Corp., ("QMC" or "the Company"), begins developing a proposed work program for its Namew Lake District volcanic massive sulphide ("VMS") property in Manitoba.   Highlights:

    • World-class Flin Flon-Snow Lake mining region, host to 11 mines including Hudbay Minerals Inc.'s ("HBM") new deposit, the Lalor Mine
    • 41 strong geophysical targets identified, the largest one being 1.5km long
    • District scale project with similar geology to the nearby HudBay's Lalor (27.1Mt) and 777 (21.9Mt) mines

    The Company will focus the upcoming exploration program on testing the stronger of 41 geophysical targets currently identified on the property.  Twenty-two of these targets have been classified by Garth Kirkham, P. Geo (2013) as priority targets with potential to host deposit-scale VMS mineralization.  This NI43-101 report is available on SEDAR.   To date, positive results of limited drilling collared on the property have suggested that existing geophysical surveys are an excellent exploration indicator of subsurface sulphide mineralization. 

    QMC has previously drilled one of these targets, on the 1,500m long conductor and intersected mineralization at the top of the conductor.  Two drill holes (RL 12-5 and RL 11-2) intersected significant visible chalcopyrite mineralization (Figure 1).  Drill hole RL 12-5 cut a 10m thick, semi-massive sulphide intersection grading 0.48% Cu (including 0.80% Cu over 1m). Drill hole RL 11-2 was terminated in massive sulphide at a vertical depth of 193 metres. Assays returned grades of 0.26% copper over a 0.3m wide, semi-massive sulphide intersection which contained approximately 20% iron sulphides. Further, deeper drilling may develop a larger zone of additional significant VMS mineralization.  The Company postulates that the top conductor intersected by drilling may be the top of the first lens alternating between copper and gold much like the Lalor Mine which has similar geology.

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    With Today's Election & Market Uncertainty Gold May Be The Safe Play For Now - Seite 2 FinancialNewsMedia.com News Commentary PALM BEACH, Florida, Nov. 3, 2020 /PRNewswire/ - In uncertain economic times, investors tend to put their money in gold. So it's perhaps little surprise that gold prices started to rise at the beginning of …

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