CORE SAMPLING

QMC plans work programme for its Canadian gold, copper, zinc project

Updates on drilling at Canadian mineral projects released by QMC

 Core samples collected by QMC at its Namew Lake District Project in the mineral-rich Flin Flon-Snow Lake Area of Central Manitoba, Canada

Core samples collected by QMC at its Namew Lake District Project in the mineral-rich Flin Flon-Snow Lake Area of Central Manitoba, Canada

QMC has initiated planning of the proposed 2021 work programme on its wholly-owned VMS properties located in the mineral-rich Flin Flon-Snow Lake Area of Central Manitoba. These properties, the Rocky Lake and the Rocky-Namew, are known collectively as the Namew Lake District Project.

To date, QMC has completed a significant amount of work on the project, including Geotech's Versatile Time Domain Electromagnetic (VTEM) system survey which outlined 41 targets. Detailed re-interpretation of the VTEM data by Maxwell Modelling on the main Rocky Lake massive sulphide target showed the presence of a deep-seated conductor (target). This conductor is at least 1,000m long and at a depth of 200m.

Four drill holes tested the conductor with two drill holes confirming the top of the conductor, intersecting massive sulphide mineralisation at a vertical depth of 193m. The drill holes confirmed the presence of massive sulphide mineralisation with visible chalcopyrite. Based on the results, it is reasonable to assume that there could be potential for a deposit scale mineralisation.

The project is located immediately west of Provincial Highway 10, 65km northwest of the town of The Pas and 40km south of the mining centre and former smelter at Flin Flon. The property is accessible year-round by four-wheel drive and by all-terrain vehicles, and the Hudson's Bay rail line is east of the property. Important infrastructure including access, goods, services and supplies are readily available.

Hudson Bay Mining and Smelting/Outokumpu Oy's former Namew Lake nickel-copper mine is located 11km northwest of the Namew Lake District Project. Prior to its closure, this mine produced 2.57 million tonnes grading 0.63 per cent copper and 1.79per cent nickel, and 0.1g/t gold, 4.1g/t silver, 0.5g/t palladium, and 0.6g/t platinum.

The Flin Flon-Snow Lake region has been an extremely productive mining camp, having produced numerous VMS deposits since the initial copper production began at the Mandy Mine in 1916. The Flin Flon Greenstone Belt hosts 11 mines and 31 developed VMS deposits, many of which host exceptionally high gold content.

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