DGAP-News: Quebec Precious Metals Provides Update on Sakami drilling and Outlines Plans for 2021
MONTREAL, QC / ACCESSWIRE / January 27, 2021 / Quebec Precious Metals Corporation ("QPM" or the "Company") (TSXV:QPM)(OTCQB:CJCFF)(FSE:YXEP) is pleased toprovide an update on the drilling program on its Sakami Project (the "Project") in Quebec's Eeyou Istchee James Bay territory and an outline of its exploration plans for 2021.
DGAP-News: Quebec Precious Metals Corporation / Key word(s): Drilling Result Quebec Precious Metals Provides Update on Sakami drilling and Outlines Plans for 2021 (news with additional features) 27.01.2021 / 09:00 The issuer is solely responsible for the content of this announcement. Quebec Precious Metals Provides Update on Sakami drilling and Outlines Plans for 2021
MONTREAL, QC / ACCESSWIRE / January 27, 2021 / Quebec Precious Metals Corporation ("QPM" or the "Company") (TSXV:QPM)(OTCQB:CJCFF)(FSE:YXEP) is pleased to provide an update on the drilling program on its Sakami Project (the "Project") in Quebec's Eeyou Istchee James Bay territory and an outline of its exploration plans for 2021. Normand Champigny, CEO of QPM, stated: "2020 was a very significant year for QPM with the discovery of the La Pointe Extension which redefines the Sakami Project. With drills turning again at Sakami, we expect to discover new areas of mineralization both along strike and at depth along the La Pointe deposit trend. This work will assist us in our goal of the preparation of a maiden resource estimate. In addition, our new Lloyd surface discovery on the Elmer East project, illustratres the high exploration potential of the James Bay gold camp. We plan to advance our entire project portfolio this year. Of critical importance in these challenging times is to continue to apply a rigorous COVID protocol to protect the health of our employees, contractors and communities. We hope for a gradual return to normalcy during the course of this year." Sakami Project (Table 1, Figures 1 to 5)
Since the creation of the Company in 2020, drilling continues to focus on areas in and around the La Pointe deposit. Our technical team reviewed and interpreted data from soil geochemical, airborne magnetometer and surface geophysical surveys as well as surface rock sampling programs. This resulted in the discovery of the La Pointe Extension where drilling started in early 2020. Drilling at La Pointe and La Pointe Extension progressed until the fall of 2020, producing some of the best drill results as follows:
The updated corporate presentation on the Company's web site includes the recent drill results. Complete drill results and calculated drill hole composites are also available (https://www.qpmcorp.ca/en/projects/sakami-technical-information/ ).
Channel R4 - 4.06 g/t Au, 38.9 g/t Ag, 1.72 % Zn, 1.88 % Pb over 2.0 m
Summer
Quality Assurance/Quality Control
Jean-François Meilleur
President Tel.: 514 951-2730 [email protected] Normand Champigny Chief Executive Officer Tel.: 514 979-4746 [email protected]
Additional features: File: Quebec Precious Metals Provides Update on Sakami drilling and Outlines Plans for 2021
27.01.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Quebec Precious Metals Corporation |
1080, Côte du Beaver Hall | |
H2Z 1S8 Quebec | |
Canada | |
Phone: | +1 514 871-1258 |
Internet: | www.qpmcorp.ca |
ISIN: | CA7481401007 |
WKN: | A2NB6R |
Listed: | Regulated Unofficial Market in Berlin, Frankfurt, Stuttgart; NYSE, Toronto |
EQS News ID: | 1163530 |
End of News | DGAP News Service |
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1163530 27.01.2021