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DGAP-News: Quebec Precious Metals Corporation / Key word(s): Miscellaneous
Quebec Precious Metals obtains 4.06 g/t Au, 38.85 g/t Ag, 1.72 % Zn, 1.88 % Pb over 2.0 m from channel sampling on the Elmer East project
20.01.2021 / 09:00
Quebec Precious Metals obtains 4.06 g/t Au, 38.85 g/t Ag,
1.72 % Zn, 1.88 % Pb over 2.0 m from channel sampling
on the Elmer East project
Highlights
- Results received from 2020 fall channel sampling program confirm gold mineralized area approximately 60 m long by 10 m wide on the Lloyd discovery (
Table 1,
- 11 channels cut at perpendicularly to the principal strike of quartz veins
- The most significant composite grades are:
4.06 g/t Au, 38.9 g/t Ag, 1.72 % Zn, 1.88 % Pb over 2.0 m (channel R4)
Quebec Precious Metals obtains 4 06 g/t Au, 38 85 g/t Ag, 1 72 % Zn, 1 88 % Pb over 2 0 m from channel sampling on the Elmer East project
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Quebec Precious Metals Receives Payments of $300,000 from Sales of Non-Core Assets
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MONTREAL, QC / ACCESSWIRE / January 13, 2021 / Quebec Precious Metals Corporation ( QPM or the Company ) (TSXV:QPM)(OTCQB:CJCFF)(FSE:YXEP) is pleased to inform that it has received recently payments totalling $ 300,000 in connection wih the monetization of two non-core assets as follows:
Tansim lithium project - final payment of $250,000 in reference to the exercise of the second option by Sayona Mining Limited and Sayona Québec Inc. (collectively, Sayona Qc ) to acquire an additional undivided 50% interest in the project s mining rights forming part of the project. Sayona Qc now owns 100% interest in the project. In addition, Sayona has granted to QPM a 2% Net Smelter Return royalty on all payable metals from the mining rights; and
Fjordland Exploration Inc.: Fjordland Appoints Mark Gibson to the Board of Directors
Vancouver, British Columbia (Newsfile Corp. - January 12, 2021) -
FJORDLAND EXPLORATION INC. (TSXV: FEX) ( Fjordland or the Company ) is pleased to announce that Mr. Mark Gibson has agreed to join its board of directors as HPX s appointee. HPX currently owns 29% of Fjordland, and has the right to two board seats.
Mr. Gibson serves as the Chief Operating Officer of High Power Exploration (HPX), a privately owned US corporation led by CEO, Robert Friedland. In 2011, Mark was the founding CEO of HPX tasked with the job of commercializing the Typhoon geophysical transmitter developed by parent company, I-Pulse. He concurrently serves as the COO of Kaizen Discovery Inc. (TSXV: KZD - appointed in 2016) and Cordoba Minerals Corp. (TSXV: CDB - appointed 2017). Mark previously worked with Anglo American and was the founder of a geophysical service company focused on managing seismic surveys for the mini