Quebec Precious Metals Intersects 3.86 g/t Au Over 8 m and 2.37 g/t Au o=Over 12.2 m on Its 100% Owned Sakami Project - Seite 2

QA/QC materials were inserted in every 25 samples in the sample stream. These samples alternated between blank material, to test for possible gold contamination between samples, and certified reference materials (CRMs), to test for analytical accuracy within the sample batch. Gold CRMs for this program were sourced from OREAS North America Inc., and include a low-grade standard (OREAS-231: known value of 0.542 g/t Au), and higher-grade standard (OREAS-238: known value of 3.03 g/t Au). All inserted QA/QC samples from this drill program returned analyses within the tolerance limit for each certified value. Each core sample was packaged in a secured sample poly bag with corresponding sample number and tag. Samples were sequentially grouped in batches of 5-10 samples and sealed in large ‘rice' bags. As part of the chain of custody protocols, signing and maintenance of tracking logs is performed and receipts when samples are shipped from the project site.

Routine gold analysis was conducted on all samples using a 30-gram fire assay (ALS method codes: Au-AA23). Samples that returned ≥5 g/t Au in the routine fire assay triggered an ‘over-limit' analysis by 30-gram fire assay and gravimetric finish (ALS method code: Au-GRA21). For over limit samples, the fire assay and gravimetric finish is reported instead of the standard fire assay value. Other elements were analyzed using a thirty-six element, aqua regia with ICP-AES finish package, applied to all samples (ALS method code: ME-ICP41).

The drilling program was supervised by GeoVector Management Inc. and the drilling was performed by Forage Val d'Or.

Qualified Persons

Normand Champigny, Eng., Chief Executive Officer of the Company, and Dr. Éric Hebert, P.Geo., Senior Geological consultant, member (#0842) of the Ordre des Géologues du Québec, are both qualified persons within the meaning of National Instrument 43-101 on standards of disclosure for mineral projects. They have reviewed and approved the technical information contained in this press release.

About Quebec Precious Metals Corporation

QPM is an exploration company with a large land position in the highly prospective Eeyou Istchee James Bay territory, Quebec, near Newmont Corporation's Éléonore gold mine. The company focuses on advancing its Sakami Gold project and its newly discovered, drill-ready Ninaaskuwin lithium showing on the Elmer East project. In addition, the Company holds a 68% interest in the Kipawa/Zeus rare earths project located near Temiscaming, Quebec.