QMC Quantum Minerals Corp.
Company Data
| Introduction
| Projects in Hand
| Management
News Update
| Chinese
| Address ： |
Suite 600, 666 Burrard Street Vancouver, BC Canada V6C 2X8 |
| Tel No.： | (604) 601-2018 |
| Fax No.： | (604) 688-1320 |
| Web Site： | www.qmcminerals.com |
| E-mail： | amy@qmcminerals.com; balraj@qmcminerals.com |
| Contact Person： | Amy Fernets |
| Position： | Investor & Media Relations |
| Traded Market： | TSX-V |
| Traded Symbol： | QMC |
| Outstanding Shares： | 25,652,669 |
| Public Float： | 15,253,000 |
| 52 Week High： | $ 0.285 |
| 52 Week Low： | $ 0.095 |
| Present Price： | Click Here |
QMC Quantum Minerals Corp. is a British Columbia based company engaged in the business of acquisition, exploration and development of mineral properties in Canada. Its objective is to locate and develop economic precious, base metals and REE properties of merit. In addition to the Mugaha gold project in British Columbia, QMC is actively exploring the potential of the Rocky Lake massive sulphide and the Cinder Lake REE projects in Manitoba.
For the past 100 years Manitoba has been one of the most productive mining regions in the world for nickel, copper, zinc, gold, lithium and cesium. Currently Manitoba is home to 9 operating mines which includes mines in the productive Thompson, Lynn Lake, Leaf Rapids, Snow Lake and Flin Flon areas.
British Columbia
Mugaha Gold Project
- Consists of 12 MTO claims aggregating 5,502 hectares located 15 km north of the town Mackenzie and 160 km by road from Prince George with good access and infrastructure.
- Gold mineralization discovered on the property in 2006 after several years of exploration.
- Extensive geochemical surveys outlined a number of gold-in-soil anomalies southeast of Mugaha Creek, one of which outlined a number of narrow, mineralized quartz veins in sheared and faulted slate and siltstone. At least three to five veins were outlined and could be traced intermittently for about 120 metres along strike and remain open in both directions.
- Gold values are highly erratic and metallic screening analyses indicate that a significant amount of the values occur as free gold.
- Eight of 13 trenches cut mineralized quartz veins and values ranged from less than 1 g/t gold over 1.0 metre to a maximum of 139.1 g/t gold over 1.0 metre. Other significant values obtained in the trenching are 2.97 g/t, 4.19 g/t, 3.11 g/t, 6.94 g/t and 14.81 g/t over 1.0 metre widths respectively and grab samples assaying up to111.71 g/t and 22.81 g/t from six trenches.
- Only one of approximately 25 gold-in-soil anomalies within an area measuring 5 km by 3 km has been partially explored by trenching, therefore there is excellent potential for the discovery of similar gold mineralization.
- QMC has received permits from the British Columbia Ministry of Energy and Mines for systematic trenching, sampling and diamond drilling program on the Mugaha gold property.
- The characteristics of the Mugaha property mineralization are interpreted to be consistent with the sediment hosted vein gold deposit model, such as: Muruntau, Uzbekistan – 80 million oz.; Sukhoy Log, Russia – 20 million oz.; Bendigo-Ballarat district, Australia – 20 million oz.; Macres Flat, Otago Schist Belt, New Zealand – 5.2 million oz.
Manitoba
Rocky Lake Project
- 100% owned by QMC
- Located in the world-class VMS Flin Flon Snow Lake mining district in North Western Manitoba
- 65 km from the nearest smelter at Flin Flon and 11km SW of the Namew Lake Ni-Cu mine
- 5,256 hectares, hosted within the Namew Gneiss Complex, includes Namew Lake Mine which produced 2.57 million tonnes grading 0.63% Cu and 1.79% Ni
- Hudson Bay previously drilled 10 holes totaling 2,292 metres; all holes intersected copper mineralization
- QMC completed Pulse Time Domain Electromagnetic (PEM) survey over Hudson Bay anomalies; the survey delineated a strong 600 m long conductor anomaly which was not identified in the previous work carried out by Hudson Bay
- This conductor could represent copper-bearing volcanogenic massive sulphide zone which suggests that drilling by Hudson Bay intersected footwall chalcopyrite stringers and veinlets, completely missing the conductor
- Drilling by QMC commenced in December 2011, total drilling anticipated to be 2,500 metres
- Excellent infrastructure in place
- Lalor Lake style potential
Namew Lake Project
- 100% owned by QMC
- Multiple anomalies and conductors to be tested
- Proximity to Namew Lake Mine in proven VMS district
- Located in the Flin-Flon Greenstone belt adjacent to the Rocky Lake Property
- Total property size of 35,814 hectares
- Potential to host several volcanogenic massive sulphide bodies
- Drilling commenced in January 2012
Cinder Lake Project
- 100% owned by QMC
- Consists of 5,000 hectares located in north central Manitoba
- The property has been optioned to explore for Rare Earth Elements (REEs)
- The tectonic setting, petrography and size of the CLC are similar to the Maoniuping complex in China the second largest REE deposit in the world
Carrot River Project
- 100% owned by QMC
- Consists of 15 contiguous claims totaling 3,073 hectares
- Located in the Carrot River belt 140 km southeast from the mining centre of Thompson Manitoba
- Primary targets are gold and base metals
- 1,337 metres of scout drilling were completed in spring 2011
- Previous sampling returned 15.69 g/t Au and 310 g/t Ag
- On the gold targets, shear zones with anomalous values were intersected
- Values up to 0.8% copper and 1.4% zinc were obtained
- Company is interested in forming a joint venture partnership
Investment Highlights
- Focused on creating shareholder value through strategic acquisition and development
- High quality Cu-Zn-Au prospects in Manitoba, Canada, and Au prospects in British Columbia, Canada
- Pro-mining environments with low political risk
- Projects well matched to the Company’s technical skills
- Favorable geology with excellent potential and infrastructure – growing Copper, Gold and Rare Earth Elements
- Large property positions and database – aggressive exploration program
Management, Directors and Advisors
Balraj Mann, BA, CA, CEO & Director
Over 30 years of experience in corporate finance, acquisitions, and financial reporting
Served as a CEO, CFO and Director of several Canadian public companies
Mohan Vulimiri, M.Sc., B.Sc., P.Geo., Director and Qualified Person
Over 40 years of experience in economic geology with several exploration successes
Ian Laurent, M.Sc., MAIG, RPGeo., Director
Over 18 years of experience in mineral exploration and resource development on four continents
Harvey Stark, Director
28 years with the Canadian Foreign Service working in South America, Asia, Africa, and Europe
Simon Ma, CA, CFO
10 years of controllership for various companies including Nestle Waters Canada
Jim Dawson, P.Eng., Advisor
Kevin Ernst, B.A., MBA, CIMA, Advisor
On May 10, 2012, QMC Quantum Minerals Corp. announced that the Company has received permits from the British Columbia Ministry of Energy and Mines for a helicopter-supported systematic trenching, sampling and diamond drilling program on the Mugaha Gold Property in British Columbia.