Sakami

DGAP-News: Quebec Precious Metals Receives $2,000,000 Payment From Sale of Royalty on Tansim Lithium Project

Retrieved on: 
Monday, October 18, 2021
Lithium, LRC, Project, FSE, The Company, African Metals Corporation, Sakami, Gold, Exercise, Newmont Corporation, QPM, CEO, Sale, QC, Security (finance), Cryptocurrency

MONTREAL, QC / ACCESSWIRE / October 18, 2021 / Quebec Precious Metals Corporation ("QPM" or the "Company") (TSX.V:QPM)(OTCQB:CJCFF)(FSE:YXEP) is pleased to report it has received a $ 2,000,000 payment in connection with the sale of a 2% Net Smelter Return royalty on all payable metals from the mining rights of the Tansim lithium project (the "Project") to Lithium Royalty Corporation ("LRC").

Key Points: 
  • MONTREAL, QC / ACCESSWIRE / October 18, 2021 / Quebec Precious Metals Corporation ("QPM" or the "Company") (TSX.V:QPM)(OTCQB:CJCFF)(FSE:YXEP) is pleased to report it has received a $ 2,000,000 payment in connection with the sale of a 2% Net Smelter Return royalty on all payable metals from the mining rights of the Tansim lithium project (the "Project") to Lithium Royalty Corporation ("LRC").
  • The sale is part of a transaction between Sayona Mining Limited and Sayona Qubec Inc. (collectively, "Sayona Qc") and LRC announced on September 30, 2021.
  • Normand Champigny, CEO of QPM, stated: "This payment is another step in the completion of the monetization process of our non-core assets.
  • QPM's flagship project is the Sakami project with significant grades and well-defined drill-ready targets.

DGAP-News: Quebec Precious Metals Corporation: Vital Acquires Kipawa and Zeus Projects from Quebec Precious Metals Corporation for C$8 Million; Strengthens Canadian Rare Earths Portfolio

Retrieved on: 
Tuesday, August 10, 2021
VML, Mining, Sakami, Technical Report Archive & Image Library, Weather, Newmont Corporation, LR, Feasibility study, Measurement, Classification, SEDAR, Gold, QPM, Mineral resource estimation, Roche, Northwest Territories, Time, Unocal Corporation, Technical report, Method, Resource management, ASX, News, JORC, Forward-looking statement, Board, Company, DGAP, Board of directors, Cryptocurrency, Marketing, Risk management, Security (finance), Rare-earth element, Construction, Oil, Civil engineering

QPM is a gold explorer with a large land position in the highly-prospective Eeyou Istchee James Bay territory, Quebec, near Newmont Corporation's lonore gold mine.

Key Points: 
  • QPM is a gold explorer with a large land position in the highly-prospective Eeyou Istchee James Bay territory, Quebec, near Newmont Corporation's lonore gold mine.
  • Vital Metals Limited (VML) is Canada's rare earths producer following commencement of operations at its Nechalacho rare earths project in Canada in June 2021.
  • It holds a portfolio of rare earths, technology metals and gold projects located in Canada, Africa and Germany.
  • The Kipawa open-pit design utilized a marginal (or milling) cut-off value of $48.96/t and a break-even cutoff value of $60.70/t.

DGAP-News: Quebec Precious Metals Provides Update on Sakami drilling and Outlines Plans for 2021

Retrieved on: 
Wednesday, January 27, 2021
Sakami, Eeyou Istchee, Val-d'Or, QUEBEC, Subdivisions of Canada, Geography of Canada, Political geography

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.

Key Points: 
  • 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.
  • Since the creation of the Company in 2020, drilling continues to focus on areas in and around the La Pointe deposit.
  • This resulted in the discovery of the La Pointe Extension where drilling started in early 2020.
  • For the Sakami project, the drilling contract was awarded to Forage Val-d'Or Inc. based in Val-d'Or, Quebec.