Q Precious & Battery Metals Receives Permit Amendment for Diamond Drilling La Corne South Project, Val D’Or Quebec
Q PRECIOUS & BATTERY METALS CORPORATION 500- 666 Burrard Street Vancouver, BC, V6C 3P6
www.qmetalscorp.com
Q PRECIOUS & BATTERY METALS RECEIVES PERMIT AMENDMENT for DIAMOND DRILLING LA CORNE SOUTH PROJECT, Val d’Or Quebec
Feb 10, 2025 Rouyn-Noranda, Quebec – Q Precious and Battery Metals Corp. (“QMET” or the “Company”) (CSE: QMET, OTC: BTKRF, FSE: 0NB) is pleased to announce approval of permit amendments for road and drill pad construction on the La Corne South project located north of Val d’Or, Quebec. The amended permit will allow access to primary targets for drill testing in Winter 2025.
Diamond drilling of TDEM and magnetic anomalies in 2024 was successful at intercepting significant massive and disseminated sulphides containing copper, silver, zinc, and gold, including the following (previously released Jan 20, 2025, and September 9, 2024):
Hole 24LCS-01
- 102.15 metres to 127.6 metres downhole depth, 0.83% copper equivalent over 25.45* metres, including;
- 122.75-123.3 – 4.2% copper, 4% zinc, 0.17 ppm gold, and 30.3 ppm silver
- 123.3-123.85 – 1.9% copper, 3.17% zinc, and 14.7 ppm silver
- 123.85-124.4 – 0.79% copper, 1.3% zinc, and 7.33 ppm silver
- 125.5-126 – 2.61% copper
Hole 24LCS-03
- 104.85 metres to 112.75 metres downhole depth, 7.9* metres of 1.17% copper equivalent including;
- 108.75-109.75 – 2.68% copper, and 23.45 ppm silver
- 110.2-111.4 – 2.66% copper, and 24.05 ppm silver
*True widths of mineralization have not yet been determined
Hole 24LCS-02 did not return significant results from core sampling.
The successful drilling of the TDEM anomalies at holes 24LCS-01 to 24LCS-03 indicate that conductive targets are of primary interest for further testing. The geophysics shows a cluster of TDEM anomalies further to the south. In particular, TDEM anomalies EMG-1 and EMG-2 are now targeted for diamond drill testing. Maxwell Plate Modeling of these anomalies using Mircomine software indicates that EMG-1 and EMG-2 are located within the same volcanic deposition horizon that strikes generally north to northwest and dips to the east, with EMG-1 being at depth beneath EMG-2. The depth extent of these target anomalies ranges from 110 to 325 metres (TMC Geophysics June 2022 report), as shown on Figure 1 below. These are very attractive drill targets for continued drill testing. TMC Geophysics describes target EMG-1 as being caused by a bigger conductive body of deeper origin that possibly continues on strike for some distance to the north and south.
North
Figure 1 – Massive sulphide drill targets interpreted from Maxwell thin plate modeling of EMG-1 (purple) and EMG-2 (red). Topographic surface in green
Explo-Logik Inc, located in Val d’Or, is managing exploration including core logging and sampling at their facility. A total of 278 samples of core from the first three holes were directly delivered by Explo-Logik staff to the ALS laboratory in Val d’Or, Quebec. The samples underwent ALS ME-MS61L process that uses 4-acid digestion of pulverized samples followed by mass spectrometer detection for 48 elements, and process Au-ICP21 that analyzes for gold, platinum, and palladium using fire assay. For quality assurance and control Explo-Logik inserted blanks, standards, and duplicates at one insert every 10 samples. The QMET 2025 Winter Drill Program is now scheduled and expected to commence in March 2025.
Q PRECIOUS & BATTERY METALS CORP
The company has 100% interest in mineral claims within Quebec, targeting critical and precious metals, as well as energy transition resources. Projects include the La Corne South VMS Project, McKenzie East Gold property, Pontax Lithium and Versant rare earth elements (REE) and the recently acquired Matane Natural Hydrogen Project.
Cautionary Statement
This press release contains forward-looking statements based on assumptions as of that date. These statements reflect management’s current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. The Company cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company’s control. Such factors include, among other things: risks and uncertainties relating to exploration and development; the ability of the Company to obtain additional financing; the Company’s limited operating history; the need to comply with environmental and governmental regulations; fluctuations in the prices of commodities; operating hazards and risks; competition and other risks and uncertainties, including those described in the Company’s Prospectus dated September 8, 2017 available on www.sedar.com. Accordingly, actual and future events, conditions, and results may differ materially from the estimates, beliefs, intentions, and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.
On behalf of the Board of Directors Richard Penn, CEO (778) 384-8923