Mr. Richard Penn reports
Q PRECIOUS AND BATTERY METALS DRILLS 4.2% COPPER, 4% ZINC, WITH SILVER AND GOLD 0.83% COPPER EQUIVALENT OVER 25.45 METRES LA CORNE SOUTH PROJECT, VAL D'OR QUEBEC
Q Precious & Battery Metals Corp. has presented the results of core samples taken from the first hole of three holes completed to date at its La Corne South project.
Results from hole 24LCS-01 indicate robust volcanogenic-massive-sulphide-style mineralization containing elevated copper, zinc, silver and gold. The significant downhole intercepts are as follows:
122.75 to 123.3: 4.2 per cent copper, 4 per cent zinc, 0.17 part per million gold and 30.3 ppm silver;
123.3 to 123.85: 1.9 per cent copper, 3.17 per cent zinc and 14.7 ppm silver;
123.85 to 124.4: 0.79 per cent copper, 1.3 per cent zinc and 7.33 ppm silver;
125.5 to 126: 2.61 per cent copper.
* True widths of mineralization have not yet been determined.
The above intercepts are within a larger envelope of mineralization from 102.15 metres to 130.45 metres downhole. Elevated results were obtained from semi-massive to massive sulphides, including pyrite, pyrrhotite, chalcopyrite and sphalerite, as logged by the geologists. Using weighted averages combined with copper equivalents, the following has been calculated for the higher-grade zone intercepted in hole 24LCS-01:
1.8 per cent copper equivalent** over 6.1 metres (122.75 to 127.6), including:
2.56 per cent copper equivalent over 3.95 metres (122.75 to 126.7).
The weighted average for the total mineralized zone from 102.15 metres to 127.6 metres is calculated at:
0.83 per cent copper equivalent over 25.45 metres.
** Copper equivalents utilize $80 (U.S.) per gram gold, 95 cents per gram silver, $1.30 per pound zinc and $4.20 per pound copper.
Several samples from hole 24LCS-01 also returned elevated nickel (250 to 650 ppm, or 0.5 to 1.3 pounds Ni per tonne) that may add to the overall value of the mineralization.
The three drill holes completed to date were designed to test a coincident TDEM conductor and magnetic high discovered previously by Q Precious geophysical surveys. The company completed a total of 426 metres of drilling that tested an approximate 50 metres of strike length of the first target. The results from hole 24LCS-01 indicate that significant copper and other metals are associated with these geophysical targets, which bode well for continued drilling of similar targets outlined on the property. The company is waiting for results from holes 24LCS-02 and 24LCS-03 to assist in evaluating the mineralization potential.
Explo-Logik Inc., located in Val d'Or, is managing the drill program, including core logging and sampling at its facility. A total of 278 samples of core were directly delivered by Explo-Logik staff to the ALS laboratory in Val d'Or, Que. The samples are undergoing ALS ME-MS61L process that uses four-acid digestion of pulverized samples followed by mass spectrometer detection for 48 elements and process Au-ICP21 that analyzes for gold, platinum and palladium using fire assay. For quality assurance and control, Explo-Logik inserted blanks, standards and duplicates at one insert every 10 samples.
The geologic team will continue interpretation of geology and geophysics, combined with knowledge gained from drilling of holes 24LCS-01 through 24LCS-03, for targeting of future drill holes. Several strong TDEM conductors will be priority targets when drilling resumes. A corridor length of approximately two kilometres is to be tested with an additional five or six drill holes of average 100-metre depth.
The Q Precious geologic team is very pleased with the results obtained from hole 24LCS-01 as they support the exploration model for multielement volcanic-hosted sulphides at La Corne South. The company is looking forward to receiving results from holes 24LCS-02 and 24LCS-03 in the following weeks.
About Q Precious & Battery Metals Corp.
Q Precious exploration programs undertaken in Quebec are supervised by Dr. Mathieu Piche, OGQ, with office located north of Val d'Or. He is also a Q Battery company director. The company has 100-per-cent interest in mineral claims within Quebec, targeting critical and precious metals. Projects include La Corne South volcanogenic massive sulphide pegmatite lithium project, the McKenzie East gold property, and the recently acquired Pontax lithium and Versant rare earth element properties.
Perry Grunenberg, PGeo, a qualified person as that term is defined under National Instrument 43-101, has reviewed and approved the technical information in this news release.
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